Latest Reserves And Resources News

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Winchester Energy has commenced production from its Varn JVU-5 well in Texas, marking a significant step in its waterflood project with an initial oil output of 25 barrels per day.
Maxwell Dee
Maxwell Dee
14 Nov 2025
Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a significant step forward in its Lake Carey Gold Project. With maiden reserves confirmed and a robust option agreement in place with AngloGold Ashanti, the company is poised for growth amid ongoing exploration success.
Maxwell Dee
Maxwell Dee
13 Nov 2025
Rox Resources has released a Definitive Feasibility Study for its Youanmi Gold Project, revealing a high-grade reserve and strong financial metrics underpinning a planned 7-year mine life with significant growth potential.
Maxwell Dee
Maxwell Dee
13 Nov 2025
Rox Resources confirms the technical and economic viability of its Youanmi Gold Project, targeting 117,000 ounces of gold annually over seven years at a low cost. The Definitive Feasibility Study outlines robust financial returns and a clear path to production by mid-2027.
Maxwell Dee
Maxwell Dee
13 Nov 2025
Sandfire Resources and Havilah Resources have sealed a binding agreement that could transform the Kalkaroo Copper-Gold Project into one of Australia’s next major copper provinces through a substantial earn-in deal and strategic exploration alliance.
Maxwell Dee
Maxwell Dee
13 Nov 2025
Sarytogan Graphite Limited has secured a $1.4 million top-up placement from the European Bank for Reconstruction and Development, reinforcing confidence in its graphite project and supporting its feasibility study timeline.
Maxwell Dee
Maxwell Dee
6 Nov 2025
Austral Resources Australia Ltd has successfully completed a $40 million capital raise and is reinstated to ASX trading, positioning itself as a mid-tier copper producer with a dual-hub operation in Queensland.
Maxwell Dee
Maxwell Dee
5 Nov 2025
Bathurst Resources Limited has announced a substantial increase in its marketable coal reserves, driven by key project developments and positive feasibility studies, while total resources saw a slight decline due to reassessments and mining depletion.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Bowen Coking Coal Ltd has released its mid-2025 update on coal resources and reserves across key Queensland projects, confirming 11 million tonnes of run-of-mine coal reserves at Ellensfield South and Plumtree North. The report also highlights a significant resource increase at Hillalong South and a steady reserve position at Broadmeadow East amid ongoing administration.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Bounty Oil & Gas reported a modest $272,000 in oil revenue for Q3 2025, boosted reserves in Queensland, and plans to restart Surat Basin production in 2026 while navigating ongoing legal challenges offshore Sydney.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Pure Resources has completed the acquisition of the Garnet Hills mining lease and confirmed high-grade garnet products through metallurgical testing, positioning itself for feasibility studies and U.S. partnerships.
Maxwell Dee
Maxwell Dee
30 Oct 2025
Hillgrove Resources has reported a substantial increase in its 2025 Mineral Resource and Ore Reserve Estimates at the Kanmantoo Copper Mine, with a 43% rise in reserve tonnes and a 33% increase in contained copper metal, significantly extending the mine's operational life.
Maxwell Dee
Maxwell Dee
30 Oct 2025