Latest Resource Development News

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Haranga Resources has completed its acquisition of the Lincoln Gold Project in California, setting the stage for a maiden drilling campaign and a potential JORC-compliant resource estimate by year-end.
Maxwell Dee
Maxwell Dee
30 July 2025
Mineral Resources Limited has met its FY25 production and cost guidance across all segments, boosted by a cashflow-positive Onslow Iron joint venture and record low costs at Wodgina. The company also strengthened its board and initiated a governance review.
Maxwell Dee
Maxwell Dee
30 July 2025
West African Resources delivered solid Q2 gold production and cash flow, with the Kiaka project completing construction early and under budget. High-grade drilling results at M1 South promise further resource growth.
Maxwell Dee
Maxwell Dee
30 July 2025
Midas Minerals has agreed to acquire the high-grade Otavi Copper Project in Namibia from Nexa Resources, backed by a $6.5 million capital raise to accelerate exploration and resource definition. The company also advances its South Otavi and Western Australian projects, positioning for significant growth.
Maxwell Dee
Maxwell Dee
30 July 2025
Strike Energy reported a solid $18.8 million operating cash inflow for the June 2025 quarter, supported by $76.2 million in total available funding, positioning the company well for ongoing project development.
Maxwell Dee
Maxwell Dee
30 July 2025
Patronus Resources reports significant drilling successes at its Cardinia and Northern Territory projects, establishing a maiden Exploration Target at Merlin and extending mineralisation at key prospects. The company also announces a selective buyback of nearly 10% of its shares from St Barbara, enhancing its capital structure.
Maxwell Dee
Maxwell Dee
30 July 2025
Meeka Metals reported a robust cash position of $55.6 million at the end of June 2025, supported by strong financing inflows despite significant outflows on exploration and evaluation activities.
Maxwell Dee
Maxwell Dee
30 July 2025
Encounter Resources has announced a significant maiden mineral resource at its Aileron Niobium-REE-Copper Project and regained full ownership of the Yeneena Copper Project, setting the stage for accelerated exploration and development.
Maxwell Dee
Maxwell Dee
30 July 2025
Lefroy Exploration has advanced its Lucky Strike Gold Deposit project through robust near-surface drilling results, a new toll milling agreement, and a $2.5 million funding facility, setting the stage for mining operations in early 2026.
Maxwell Dee
Maxwell Dee
30 July 2025
NexGen Energy has released final 2024 and new 2025 assay results from its Patterson Corridor East exploration, confirming significant high-grade uranium mineralization expansion near its flagship Arrow deposit.
Maxwell Dee
Maxwell Dee
30 July 2025
Ora Banda Mining has confirmed a high-grade, multi-lode gold system at its Little Gem prospect, expanding the known strike length beyond 1,000 metres with strong Phase 2 drilling results. A substantial Phase 3 drilling campaign is now underway to further delineate and extend this promising discovery.
Maxwell Dee
Maxwell Dee
30 July 2025
Gorilla Gold has accelerated its growth trajectory with strong drilling results at Comet Vale and Mulwarrie, alongside acquiring full ownership of Comet Vale. The company is poised for significant resource upgrades in the coming quarters.
Maxwell Dee
Maxwell Dee
30 July 2025