Latest Reserves And Resources News

DPM Metals Inc. delivered record revenues and earnings in 2025, driven by higher metal prices and stable production, while completing the strategic acquisition of Adriatic Metals plc, adding the Vareš polymetallic mine to its portfolio. The company outlines a robust three-year growth plan focused on expanding production and exploration.

DPM Metals has reported record financial results for 2025, driven by strong free cash flow and earnings, while advancing key projects and maintaining a low-cost production profile. The company’s three-year outlook highlights significant production growth and disciplined capital management.

DPM Metals has extended the life of its Chelopech mine in Bulgaria to 2036, supported by a 42% increase in mineral reserves and promising new discoveries. The updated life of mine plan forecasts sustained production of around 160,000 gold equivalent ounces annually.

Lake Resources has clarified its latest cash flow report, highlighting $666k spent on environmental and power solution explorations while advancing key regulatory approvals for its Kachi lithium project. The company maintains a robust liquidity position and benefits from new technology partnerships aimed at reducing costs.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

Australis Oil & Gas reported steady production in Q4 2025 despite lower oil prices, completing key transactions that bolster its financial position and development prospects in the Tuscaloosa Marine Shale.

Cavalier Resources has reported significant gold assay results from its Miranda Target drilling near the Crawford Gold Project, underpinning strong project economics in a revised Pre-Feasibility Study.

Blue Energy Limited reports steady progress on its Sapphire gas project and awaits key government decisions on additional resource areas, positioning itself strongly in Queensland's evolving energy landscape.

Strike Energy reports steady progress on its South Erregulla gas power project, while optimising Walyering production and maintaining strong liquidity. The company navigates market conditions with a strategic reduction in output and plans for upcoming drilling activities.

Bayan Mining’s recent CSAMT survey at its Bayan Springs South Project in Nevada reveals a major Carlin-style alteration system with multiple high-priority feeder targets, setting the stage for a maiden drilling campaign.

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.

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.