Latest Resource Management News

Hawk Resources has confirmed significant near surface copper, silver, and molybdenum mineralisation in drill hole DD26CT004 at its Cactus project in Utah, extending the known mineralised zone southeast along the Cactus Corridor. Drilling is set to resume in July 2026 to test further extensions.

The Elmet Group has exercised its option to acquire 20 million shares in EQ Resources, lifting its stake to over 23.6 million shares and reinforcing a strategic partnership that aligns mining and manufacturing in the Western tungsten supply chain.

Neurizon Therapeutics has secured a critical five-year supply agreement with Elanco Animal Health for GMP-grade monepantel, underpinning the commercialisation readiness of its lead ALS drug candidate NUZ-001.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.

Meridian Energy's May 2026 report reveals robust hydro storage reaching 125% of historical average by early June, despite a record dry month. Retail sales volumes jumped 7.8% year-on-year, while average generation prices plunged over 60%.

A new geophysical survey at EV Resources’ Los Lirios project in Mexico reveals extensive sulphide anomalies and a structural fault network, significantly expanding the exploration footprint and sharpening drill targets ahead of a maiden resource estimate.

EQ Resources Ltd has agreed to acquire six exploration permits near its Mt Carbine tungsten mine for A$250,000, aiming to expand its regional resource pipeline and support a hub-and-spoke processing model.

Jade Gas Holdings has achieved a historic milestone with Mongolia’s first-ever approval of coal seam gas reserves, unlocking the path to commercial development of its TTCBM Project in the South Gobi.

CDL Investments reported a 28% drop in 2025 profit amid subdued New Zealand residential property conditions but advanced major projects and secured fast-track consents. The company expects a tougher 2026 with lower earnings due to ongoing economic and geopolitical uncertainties.

Zimplats acknowledges Zimbabwe’s classification of platinum group metals as critical minerals and commits to working with the government to navigate the new policy framework while supporting local value addition.

Western Mines Group (ASX:WMG) has reported a broad 230m intersection of nickel sulphide mineralisation at its Mulga Tank Project, including multiple higher-grade zones, as its Phase 5 drilling program overcomes earlier fuel supply issues and gains momentum.

EV Resources’ maiden drilling at Los Lirios reveals a broad, shallow antimony carbonate replacement system with promising high-grade intercepts, setting the stage for a potential bulk-tonnage open-pit development and a maiden JORC resource by Q3 2026.