Latest Reserves And Resources News

Audalia Limited has announced a significant update to its Medcalf Titanium-Vanadium Project Mineral Resource Estimate, increasing the Indicated category by 35% and setting the stage for Ore Reserve calculations.

Bridgeport Energy reports stable petroleum reserves of 4.1 million barrels of oil equivalent and 4.9 million barrels of contingent resources as of July 2025, underpinning its ongoing production and future gas development plans.

Northern Star Resources reaffirms its Ore Reserves and Mineral Resources as of March 2025, maintaining steady production targets and a robust balance sheet while advancing key growth projects including the KCGM Mill Expansion and the Hemi Development Project.

Catalyst Metals Limited has doubled its gold reserves to 1.5 million ounces as of June 2025, setting the stage to ramp up production to 200,000 ounces per year over the next decade.

Sayona Mining delivered record lithium production and sales in FY25 but reported a $382 million loss due to asset impairments amid falling lithium prices. The company is poised for transformation with its imminent merger with Piedmont Lithium.

Cue Energy Resources reports stable 2P reserves of 5.5 million barrels of oil equivalent as of July 2025, balancing improved output in Sampang with declines in Oyong and Wortel fields. Contingent resources also grew, highlighting potential future upside.

Brightstar Resources has kicked off a significant underground drilling campaign at its Fish Mine, aiming to extend mine life and upgrade mineral resources for future production growth.

Karoon Energy has significantly upgraded its Baúna Project 2P Reserves by 35%, extending the field’s economic life by seven years to 2039, driven by the recent FPSO acquisition and improved reservoir performance.

Australis Oil & Gas reported a reduced half-year loss and positive cash flow despite lower production, while actively seeking a development partner for its Tuscaloosa Marine Shale assets.

Stanmore Resources delivered resilient first-half 2025 results despite severe wet weather, maintaining solid production and financial metrics while suspending its interim dividend amid economic uncertainty.

Strike Energy has reported a significant downgrade in its Walyering gas field reserves following FY25 production data, alongside plans to drill a new exploration well in early 2026 to address potential supply shortfalls.

Challenger Gold’s Argentinian subsidiary has obtained the crucial explosives permit to begin drill and blast operations for toll milling at the Hualilan Gold Project, unlocking near-term cash flow potential. The company’s recent Pre-Feasibility Study underscores robust economics, setting the stage for accelerated development.