Latest Resource Investments News

MEC Resources (ASX: MMR) closed a fully subscribed $359,162 options placement, while its 37.95% investee Advent Energy faces a Federal Court judicial review and voluntary administration of its onshore subsidiary.

Indiana Resources has identified a significant new gold-bearing structure at its Minos Gold Project, revealing a hydrothermal signature that points to a larger mineralised system. Follow-up drilling is set for late May amid ongoing arbitration and strategic portfolio reviews.

St Barbara has given the final investment nod to restart its Touquoy gold operation in Nova Scotia, signing major local contracts and aiming to resume ore processing by the end of 2026.

West African Resources has reported a robust A$567 million net profit after tax for 2025, driven by strong gold production and operational cash flow. The successful ramp-up of the Kiaka gold production centre and sustained output from Sanbrado underpin the company’s positive outlook for 2026.

Dyno Nobel has signed a binding agreement to sell its Phosphate Hill fertiliser business to Mayfair Australia Corporation, marking a strategic pivot to focus solely on its explosives operations. The deal, expected to complete in Q3 FY26, includes deferred payments and regulatory conditions.

Strata Investment Holdings plc reported a striking £6.16 million comprehensive profit for 2025, propelled by robust investment portfolio returns and a significant revaluation uplift in its copper royalty assets. Despite operational delays from adverse weather, the company’s strategic focus on high-conviction resource investments and royalties positions it well amid evolving commodity markets.

Austral Resources Australia Ltd has resumed trading on the ASX following news of a significant capital raising and a strategic investor commitment, signaling renewed confidence in the company’s future.

AuMEGA Metals has successfully upsized its institutional financing to C$30.1 million, anchored by Condire Investors who will hold nearly 20% of the company. The funds will accelerate exploration programs across its Newfoundland gold projects.

DGR Global’s December quarter report highlights ongoing legal battles, a contested SolGold acquisition offer, and steady progress across its diverse resource portfolio.

Tambourah Metals has reported impressive high-grade gold intersections at its Bryah and Tambourah projects, alongside significant critical mineral discoveries at Speewah North, supported by a $5.2 million capital raise to advance exploration.

Far Northern Resources has resumed its Phase 2 drilling program at the Bridge Creek project in the Northern Territory, aiming to expand its gold resource. The company maintains a solid cash position, supporting ongoing exploration activities.

Indiana Resources has reported significant drilling results at its Minos Gold Project, including high-grade gold intersections up to 71 g/t, while also resolving a longstanding dispute with Tanzania. The company bolsters its exploration team and awaits assay results from nearby prospects.