Latest Resource Expansion News

AUB Group Limited delivered a robust FY25 performance, with underlying NPAT rising 17.1% to AUD 200.2 million, driven by strategic acquisitions and margin improvements. The company’s aggressive UK retail expansion and diversified portfolio underpin a confident FY26 outlook.

Ark Mines has landed a $4.5 million investment from Queensland’s Critical Minerals and Battery Technology Fund, accelerating development at its Sandy Mitchell rare earths project with production targeted for late 2027.

Havilah Resources has reported its widest gold-copper mineralised intercept to date at the Mingary Mine prospect, revealing promising continuity and potential for future resource expansion near its Mutooroo project.

American West Metals has completed critical development and permitting milestones at its Storm Copper Project in Nunavut, Canada, advancing its Pre-Feasibility Study and revealing promising drilling results that hint at resource expansion.

Sayona Mining has significantly increased the Mineral Resource and Ore Reserves at its Moblan Lithium Project in Quebec, reinforcing the project's long-term viability amid rising lithium demand.

Far East Gold’s initial drilling at the Bermol prospect within the Idenburg Project confirms significant gold mineralisation and reveals new zones beyond the current resource boundary, boosting the project’s growth potential.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Ontario through strategic acquisitions, enhancing its position in North America's lithium supply chain. Recent drilling results and multi-commodity prospects underscore the project's growth potential.

Black Cat Syndicate has officially commenced underground mining at its Majestic deposit within the Kal East Gold Operation, marking a significant step in its growth strategy. With Macmahon Underground contracted and initial production targets set, the company is poised to boost gold output in the coming years.

Asra Minerals updates its Leonora South drilling results, revealing lower-grade gold mineralisation at depth and a surprising new pyrrhotite zone with base metal anomalies. These findings refine exploration targets and hint at fresh opportunities in Western Australia’s prolific goldfields.

Cannindah Resources launches a fully underwritten $4.5 million entitlement offer to fund accelerated drilling at its Mt Cannindah copper-gold deposit, aiming to expand its 14.5Mt resource and explore new Tier-1 porphyry targets.

Peninsula Energy outlines a revised production roadmap for its Lance uranium project in Wyoming, addressing commissioning delays and legacy contract burdens while securing fresh capital to fuel growth amid strong US nuclear energy momentum.

Regis Resources has reported record financial results for FY25, driven by strong gold prices and operational consistency, while declaring a fully franked dividend. The company remains debt-free and sets ambitious production guidance for FY26.