Latest Resource Development News

Wia Gold Limited has delivered a robust Scoping Study for its Kokoseb Gold Project in Namibia, confirming strong production potential and cost efficiency. The company also secured A$30 million to accelerate exploration and development activities.

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

Yari Minerals has increased its inferred coal resource at the Rolleston South project by 26% to 190 million tonnes and raised $1.5 million to fund an inaugural drilling campaign aimed at upgrading resource status and confirming metallurgical coal potential.

Great Western Exploration has identified a significant gravity anomaly at its Oval Copper-Gold Targets, suggesting a large Volcanic Hosted Massive Sulphide system akin to the nearby DeGrussa deposit, with drilling plans advancing alongside promising developments at Juggernaut and Lake Way.

Gibb River Diamonds has begun mining at its Edjudina Gold Project in Western Australia, stockpiling high-grade ore and securing a processing deal with Black Cat Syndicate. First cash proceeds are expected by early 2026, marking a pivotal step for the company.

Arika Resources has initiated a significant 5,000m drilling campaign at Pennyweight Point, aiming to extend known high-grade gold mineralisation and test new geophysical targets within the Yundamindra Gold Project in Western Australia.

MRG Metals has confirmed four distinct alluvial rare earth deposits at its Adriano project in Mozambique, with all samples showing significant heavy mineral concentrate. Laboratory assays are underway to define the rare earth content, potentially advancing the project toward resource development.

Arcadia Minerals has entered a binding farm-in agreement with Kaoko Metals to accelerate exploration at the Karibib Copper-Gold Project in Namibia, unlocking immediate value and long-term upside without diluting shareholders.

PVW Resources has advanced its Brazilian Southeast Hub rare earth projects through a hydraulic auger drilling campaign, confirming deeper mineralisation and exceptional leach recoveries up to 89%. The company is poised for further resource definition and metallurgical optimisation.

Winsome Resources’ subsidiary partners with Eskan Consulting to advance the Trans-Atikh Project, unlocking federal funding and Indigenous-led infrastructure development in Quebec’s lithium sector.

Greatland Resources has reported a standout September quarter with record gold recovery at its Telfer mine and strong cash flow that has already surpassed its acquisition cost. The company is advancing key growth projects at Telfer and Havieron, setting the stage for sustained production.

Greatland Resources delivered a robust start to FY26, reporting strong gold and copper production alongside significant cash flow and promising exploration results at Telfer.