Latest Resource Development News

Lunnon Metals has reported strong operational progress at its Lady Herial open pit gold mine, generating positive free cash flow in March 2026 and maintaining schedule to complete mining by August. Higher-than-expected gold prices have offset rising diesel costs, underpinning the project's economic outlook.

Auric Mining has appointed Gareth Solly as CEO, aiming to fast-track its transition to a mid-tier gold producer by developing the Burbanks processing facility and expanding operations at Munda.

Dreadnought Resources has obtained regulatory approval for open pit mining at its Star of Mangaroon gold project in Western Australia, advancing its strategy to become a self-funded explorer by outsourcing development and processing.

Golden Horse Minerals has reported a standout diamond drill intercept of 16m at 6.8 g/t Au with visible gold north of the historic Hopes Hill pit, extending the known mineralised strike to over 2.5km and highlighting the potential for a larger gold system. Follow-up drilling is underway as part of an aggressive 2026 program.

Arika Resources has reported a fresh wave of thick, high-grade gold intercepts at its Yundamindra Gold Project in Western Australia, reinforcing the project's potential ahead of a maiden resource estimate.

Burley Minerals has reignited interest in its Chubb Lithium Project in Quebec following a lithium price uptick and promising drilling results revealing both spodumene and rare pollucite mineralisation. The company is weighing strategic options including further exploration, joint ventures, or sale.

SQX Resources has wrapped up its maiden 25-hole drilling program at the Red Bird Gold Project in Arizona, revealing a larger, continuous gold system with promising high-grade near-surface mineralisation. The company’s follow-up geophysical work aims to unlock deeper and strike extensions.

EQ Resources has launched a significant drilling campaign at its Mt Carbine Tungsten Mine aiming to upgrade resources and support mine life extension amid rising tungsten prices.

Barton Gold has launched a ~3,000m diamond drilling campaign at its Tunkillia project, aiming to upgrade resources and support a Mining Lease application by the end of 2026. The project builds on a strong May 2025 study projecting robust returns amid rising gold and silver prices.

Aurelia Metals has successfully extended high-grade mineralisation at its Federation Mine by approximately 70 metres and discovered a new polymetallic lens, the Harley Lens, signalling further growth potential in the Nymagee District.

Delta Lithium’s March quarter report highlights robust high-grade lithium drilling at Mt Ida, successful production of battery-grade lithium and rubidium carbonates, and ongoing exploration progress at Yinnetharra, supported by a strong $52 million cash position.

Prospect Resources has significantly boosted its Mumbezhi Copper Project resource base by 63%, lifted contained copper by 50%, and secured A$45 million in fresh capital to fund an aggressive drilling campaign starting May 2026.