Latest Project Development News

Nex Metals Explorations has agreed to sell its 20% interest in the Arika Joint Venture for $2.5 million cash plus shares in Arika Resources, refocusing on its Kookynie Tailings Project and new opportunities in Egypt’s Eastern Desert.

Ballard Mining reports strong early 2026 drilling results at its Baldock deposit within the Mt Ida Gold Project, underpinning a major resource expansion and a maiden Ore Reserve due mid-year.

Forrestania Resources has secured 100% ownership of the Mt Palmer project and adjacent tenements, consolidating its position in Western Australia's Southern Cross and Mt Dimer gold hubs. The acquisition, settled through a substantial share issuance to Newcam Minerals, paves the way for accelerated development towards gold production.

Strike Resources has taken significant steps to enhance its Apurímac Iron Ore Project’s export capabilities through a new port services agreement and is progressing towards resuming mining operations. Meanwhile, its stake in Lithium Energy benefits from a major asset sale, boosting cash reserves.

Riversgold has locked in a full funding and operational deal with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also advancing exploration in Canada and raising $2 million to fuel growth.

RareX Limited has secured a pivotal mining lease for its Cummins Range Rare Earths Project in Western Australia, confirming some of the highest-grade gallium mineralisation in the country. The company also advances metallurgical testing and forges strategic US partnerships, positioning itself at the forefront of critical minerals development.

Hot Chili Limited has reported a significant expansion of its high-grade copper-gold discovery at La Verde, Chile, supported by robust diamond drilling results. The company is advancing its Costa Fuego Project with promising pre-feasibility outcomes and progressing strategic partnerships.

MC Mining Limited reports strong progress on its Makhado steelmaking hard coking coal project with commissioning slated for March 2026, while Uitkomst Colliery struggles with declining production and rising costs.

Heavy Minerals Limited has finalized a binding agreement with Hillgrove Resources to extract garnet from tailings, while advancing its Port Gregory project and targeting substantial capital raising.

Golden Mile Resources has completed a significant sampling program at its Aurora prospect in Arizona, with assay results expected soon, while Patronus Resources has earned an 80% interest in the Leonora Gold Joint Venture.

Titanium Sands Limited has lodged key Industrial Mining License applications for its Mannar Heavy Minerals project in Sri Lanka, progressing environmental approvals and securing funding as the country finalises a new mineral policy.

Audalia Resources has announced a maiden Ore Reserve for its Medcalf Titanium-Vanadium-Iron Project, supported by a robust January 2026 Pre-Feasibility Study update that highlights strong economic returns and a 9-year mine life.