Latest Resource Development News

Waratah Minerals has pushed the boundaries of its Consols Gold Zone in New South Wales, revealing a fresh shallow high-grade gold zone alongside substantial deeper mineralisation. Meanwhile, drilling at the Spur Project continues to expand the mineralised footprint northwards.

Australian Mines is poised to kick off a key drilling campaign at its Flemington Scandium Project, aiming to expand its already impressive resource and support plans to triple scandium production amid tightening supply.

Gold Hydrogen’s Ramsay 2 flow test has validated a laterally extensive helium-bearing Kulpara Dolomite reservoir with up to 20% helium purity, reinforcing the project’s commercial potential and advancing resource certification efforts.

Magmatic Resources is set to resume Reverse Circulation drilling at its Weebo Project, focusing on expanding known gold mineralisation at Otto 2 and Ockerburry 3 and testing new ground at Scone Stone West.

Anson Resources has confirmed a 2,500-metre extension of uranium-vanadium mineralization at its Yellow Cat Project in Utah, with assay results indicating proximity to high-grade zones. Phase 2 drilling and environmental surveys are underway to upgrade a historical resource to JORC 2012 standards.

Dart Mining has digitised and verified extensive historical drilling data at its Walwa Tin Project, identifying two compelling deep drilling targets. Diamond drilling is set to begin in October 2026 to test these high-potential zones beneath known mineralisation.

South32 has boosted the Sierra Gorda copper mine’s Ore Reserves by 61%, extending its reserve life by five years to 2045, underpinned by extensive infill drilling and a planned processing expansion.

Westgold Resources outlines a $100 million brownfields expansion to raise Meekatharra processing capacity to 2.9Mtpa, aiming to add 47,000 ounces of annual gold production by FY28 and lift project NPV by up to $1.6 billion at spot gold prices.

Woodside Energy delivered a strong first half in 2026, with revenue up 13% to $7.45 billion, net profit after tax reaching $1.67 billion, and key LNG and oil projects advancing on schedule. The company declared a fully franked interim dividend of 57 US cents per share amid ongoing global market volatility.

Enova Mining delivers promising metallurgical results from its Poços de Caldas project, revealing neodymium-praseodymium recoveries up to 79% and confirming high-grade near-surface rare earth mineralisation.

Encounter Resources has reported further high-grade niobium intersections at its Emily and Green deposits within the Aileron Project, Western Australia, and commenced diamond drilling to test mineralisation depth at Emily.

Yandal Resources (ASX:YRL) has identified a third high-grade gold domain at its Arrakis discovery in Western Australia, with recent drilling revealing multiple significant intercepts and untested down-plunge targets.