Latest Reserves And Resources News

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ADX Energy’s HOCH-1 exploration well in Upper Austria has encountered gas-filled sands consistent with pre-drill 3D seismic predictions, reinforcing the prospect’s resource potential ahead of upcoming wireline logging and production testing.
Maxwell Dee
Maxwell Dee
7 May 2026
Genesis Minerals is poised to boost its gold output to an aspirational 500,000 ounces per annum following its strategic acquisition of Magnetic Resources and the construction of a new Tower Hill mill in Western Australia.
Maxwell Dee
Maxwell Dee
6 May 2026
St George Mining’s latest drilling at the Araxá project in Brazil reveals thick, high-grade rare earth and niobium mineralisation extending beyond existing resource boundaries, reinforcing its status among the world’s leading deposits.
Maxwell Dee
Maxwell Dee
5 May 2026
Forrestania Resources has secured the Karonie Gold Project in the Eastern Goldfields, adding a JORC-compliant inferred resource of 185,700 ounces and expanding its strategic footprint near key processing hubs.
Maxwell Dee
Maxwell Dee
4 May 2026
Diablo Resources has identified multiple high-grade silver-antimony-copper-gold trends at its Star Range Project in Utah, with maiden drilling scheduled for Q2 2026. Early drilling at the Phoenix Copper Project also confirmed shallow copper mineralisation, supporting further exploration.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Comet Ridge progresses engineering design and environmental approvals for its Mahalo Gas Project, pushing ahead with the acquisition of Santos’ stake to consolidate full ownership and expand its east coast gas footprint.
Maxwell Dee
Maxwell Dee
30 Apr 2026
QPM Energy has secured critical approvals and financing milestones for its 112MW Isaac Power Station, alongside a significant upgrade to its Moranbah Gas Project reserves, positioning it as a key energy supplier in Queensland.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Australis Oil & Gas has partnered with a major US-listed company to develop its Tuscaloosa Marine Shale assets, retaining a 10% interest in producing wells and holding a strong cash position after recent transactions.
Maxwell Dee
Maxwell Dee
28 Apr 2026
EQ Resources has launched a significant drilling campaign at its Mt Carbine Tungsten Mine aiming to upgrade resources and support mine life extension amid rising tungsten prices.
Maxwell Dee
Maxwell Dee
23 Apr 2026
Metro Mining’s latest JORC update reveals a 69.6 million wet tonne Ore Reserve at Bauxite Hills, reflecting 8.1 million tonnes mined in 2025 with no new resource additions. The high-grade bauxite operation continues as a direct shipping ore mine amid rising silica content concerns.
Maxwell Dee
Maxwell Dee
22 Apr 2026
Kalamazoo Resources reported a robust cash balance of AUD 8.8 million at quarter end, underpinned by a significant equity raise that offsets ongoing exploration and administrative outflows. The company’s funding runway extends beyond three quarters, positioning it to advance its Ashburton Gold Project drilling activities.
Maxwell Dee
Maxwell Dee
21 Apr 2026
Cadence Opportunities Fund weathered a sharp March selloff to deliver a robust 35.9% gain for the 2026 financial year so far, while announcing a fully franked interim dividend of 7.5 cents per share.
Claire Turing
Claire Turing
13 Apr 2026