Latest Resource Development News

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Australis Oil & Gas has partnered with a major US-listed company to develop its Tuscaloosa Marine Shale assets, retaining a 10% interest in producing wells and holding a strong cash position after recent transactions.
Maxwell Dee
Maxwell Dee
28 Apr 2026
VBX Limited has more than doubled the Measured and Indicated Mineral Resource at its Wuudagu bauxite project to 131.9 million tonnes with improved grades, while also enhancing its Definitive Feasibility Study scope and securing additional funding.
Maxwell Dee
Maxwell Dee
28 Apr 2026
AusQuest has confirmed a vast copper-gold system at its Cangallo project in Peru, revealing broad mineralisation and multiple higher-grade zones. Meanwhile, exploration momentum continues in Australia under a South32 alliance, with key drilling programs poised to start.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Pivotal Metals is progressing a mineral resource update and scoping study for its Horden Lake copper project in Québec, targeting a large open-pit operation with strong cashflow potential amid record copper prices.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Mammoth Minerals reported significant shallow gold intercepts at its Excelsior Springs project in Nevada, expanded its landholding with the Imperial Gold Project acquisition, and completed the Paterson divestment, positioning itself for further exploration growth.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Power Minerals confirms exceptionally high-grade rare earth oxide assays at its newly acquired Morro do Ferro Project in Brazil, validating historical data and setting the stage for aggressive drilling and resource definition.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Golden Horse Minerals delivered robust drilling results at Southern Cross in Q1 2026, including visible gold at depth and strong shallow intercepts, supported by a healthy cash reserve of $39.3 million.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Resolution Minerals has successfully produced high-grade tungsten concentrates from historical stockpiles at its Golden Gate mine, achieving a 19-fold upgrade and strong recovery rates using simple gravity separation techniques.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Hammer Metals has kicked off a Reverse Circulation drilling campaign at its Mount Isa Kalman project, aiming to upgrade inferred copper-gold resources and expand near-surface mineralisation. The program supports an upcoming Scoping Study and reflects optimism due to recent strength in copper, molybdenum, and rhenium prices.
Maxwell Dee
Maxwell Dee
28 Apr 2026
European Resources has more than doubled its Korsnäs rare earth resource following a successful drilling program and metallurgical advances, underpinning a $3.4 million capital raise to fund further development.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Lion Rock Minerals reported strong high-grade rutile and heavy mineral results at its Minta Project in Cameroon, expanding infill drilling and commissioning an in-country lab ahead of a maiden resource estimate targeted for H2 2026.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Rumble Resources has pushed deeper into its Western Queen Central deposit with a standout 9.45m intercept grading 11.16 g/t gold, reinforcing a string of high-grade hits that promise a significant resource upgrade.
Maxwell Dee
Maxwell Dee
28 Apr 2026