Latest Nickel Resources News

Gold Fields’ proposed acquisition of BHP’s Kambalda Nickel Concentrator could give Lunnon Metals a new processing angle for its nearby Foster-Baker nickel assets. The opportunity remains exploratory, with completion not expected until 2027 and no commercial arrangement disclosed.

Astral Resources has agreed to pay WIN Metals $9.05 million plus GST for tenure and mineral rights critical to its Mandilla Gold Project. The deal is designed to simplify permitting and financing, but completion and the transfer of one key mining lease remain outstanding.

WIN Metals will receive $9.05 million excluding GST from Astral Resources under a tenure and mineral-rights swap at the Mt Edwards Nickel Project. The deal reshapes ownership around Astral’s Mandilla gold plans while leaving WIN with 12.33 million tonnes of reported nickel resources.

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Podium Minerals has secured a $4 million underwritten share purchase plan to fund advancing metallurgical work and site rehabilitation at its Parks Reef PGM Project, following a significant step-change in concentrator performance.

Ardea Resources has reinforced the Kalgoorlie Nickel Project's Goongarrie Hub as a critical global nickel-cobalt source with a 6.1 million tonne contained nickel resource and a fully funded $98.5 million Definitive Feasibility Study backed by Japanese partners and multi-jurisdictional government support.

Verity Resources has lifted its Monument Gold Project’s geological confidence by delivering a maiden Indicated Mineral Resource of 66,200 ounces and reported exceptional 97% gold recoveries at Waihi, underpinning development plans.

Duketon Mining has delivered promising results from its maiden 6,000m drill program at Barlee, secured the Killarney Gold Project, and reported a combined nickel resource exceeding 102,000 tonnes across Rosie and C2 deposits.

Ardea Resources is pushing forward its Kalgoorlie Nickel Project’s Goongarrie Hub with a fully funded $98.5 million Definitive Feasibility Study, underpinned by multi-jurisdictional government support and strategic partnerships with Japanese industry giants.

Mantle Minerals has secured a key exploration licence and acquired an adjoining tenement application, strengthening its Carlton Hill Project in WA, while advancing drilling plans at Yule River amid ongoing native title talks.

Lunnon Metals reported its best month yet at Lady Herial with 2,865 ounces of gold produced in May 2026, generating $10.8 million in revenue and enabling early repayment of a $6 million working capital loan. Mining remains on schedule to complete by September, with strong cash reserves set to fund further exploration.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.