Latest Resource Management News

Critical Resources Limited has commenced ground exploration at its Lammerlaw and Croesus projects in New Zealand, targeting exceptional historical tungsten grades and gold-antimony mineralisation amid rising global demand for critical minerals.

Duratec Limited’s subsidiary has secured a significant multi-million dollar contract to provide plug and abandonment services in Papua New Guinea, marking a strategic expansion in the energy services sector.

Adavale Resources is ramping up its drilling campaign at the London-Victoria Gold Mine, aiming to grow its existing 115,000oz gold resource with a second drill rig and expanded geophysical surveys.

Critical Resources has completed the transfer of five New Zealand prospecting permits, consolidating a significant 1,694 km² gold-antimony portfolio in the South Island and gaining approvals to commence early-stage exploration.

Dalaroo Metals has identified a significant 2.5 km long gold mineralisation corridor at its Bondoukou Project in Côte d’Ivoire, highlighted by high-grade rock-chip samples and extensive artisanal workings. This discovery sets the stage for upcoming drilling and further exploration in a prolific West African gold belt.

Foresta Group Holdings reported a 12% increase in its half-year loss to nearly $2 million as it progresses its pioneering wood pellet and pine chemicals project in New Zealand, securing key lease agreements and finalising a $2.4 million insurance settlement.

Ore Resources Ltd has expanded its Kal East Gold Project by acquiring 29 prospecting licences in the Mount Monger goldfields, unlocking multiple high-grade targets near established mines and processing plants.

Caravel Minerals has reached 90% completion of its Definitive Engineering Study for the Caravel Copper Project, secured a critical grid connection offer, and signed a strategic MoU with Adani’s Kutch Copper for offtake and potential investment.

VBX Limited has announced significant enhancements to its Wuudagu Bauxite Project, increasing mining rates and securing $2 million in funding to support an expanded feasibility study.

Asian Battery Metals has reported significant exploration progress at its Oval Cu-Ni-PGE project in Mongolia, including new high-grade drill intercepts and refined geophysical models that expand the known mineralised strike to 880 metres.

Iluka Resources reported a strong finish to 2025 with record zircon and rutile production, while advancing its Eneabba rare earth refinery and navigating softer zircon prices amid cautious 2026 guidance.

Kingston Resources reported a solid operating cash inflow of A$3 million for the December quarter, ending with nearly A$25 million in cash despite significant investing and financing outflows.