Latest Mining And Resources News

IPD Group Limited has agreed to acquire Platinum Cables Pty Ltd for $37.5 million upfront, enhancing its position in the mining sector and delivering an 11.5% accretion to FY25 earnings per share.

Western Gold Resources Limited has released an updated Mineral Resource Estimate for its Gold Duke Project, reporting 277,000 ounces of gold and setting the stage for near-term production.

Kalamazoo Resources has appointed Adam Garczynski to lead the Mt Olympus Pre-Feasibility Study and completed the first diamond drill hole at its Ashburton Gold Project, marking key progress in its 2026 development plans.

Brightstar Resources has adjusted its November gold production at Laverton Mine down to 4,652 ounces due to processing inefficiencies but remains confident in restoring recovery rates above 90%.

GBM Resources has partially completed its $8 million placement to Wise Walkers but faces delays in receiving the remaining funds due to Chinese foreign exchange controls. Shareholder approval for the balance is now pending.

Legacy Iron Ore has ceased mining operations at Mt Celia, marking the end of Phase I, while advancing heap leach studies and exploring a Carbon-in-Leach plant to drive future growth.

Verbrec Limited has announced over $20 million in new contracts spanning biogas engineering, cyber security, pipeline maintenance, mining technology, and water security, reinforcing its leadership in energy transition and sustainable mining sectors.

Great Boulder Resources has updated its Mineral Resource Estimate for the Side Well Gold Project, revealing a robust 1.02 million ounces of contained gold and setting the stage for accelerated development.

Critical Metals Corp has released final results from its 2024 drilling program at the Fjord area of the Tanbreez Rare Earth Project in Greenland, confirming stable rare earth element grades and highlighting strategic metals that reinforce the project’s global significance.

Winsome Resources Limited (ASX, WR1) has had its trading suspension lifted immediately following its response to an ASX price query, restoring market access for investors.

Winsome Resources Limited’s shares have been suspended from ASX trading following the company’s failure to respond to a critical price query within the requested timeframe. The suspension will remain until compliance issues are resolved.

Lunnon Metals reports significant high-grade gold assay results from the Lady Herial deposit, confirming promising mineralisation below and within the planned open pit. The company advances towards regulatory approvals and a final investment decision.