Latest Resource Reporting News

Brightstar Resources reports robust gold assay results from its Sandstone Gold Project, reinforcing its path to a 2.4 million ounce resource following a merger with Aurumin Limited.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Prodigy Gold NL has reported a total mineral resource of 1.03 million ounces of gold, driven by updated estimates at its Tregony and Hyperion deposits and a restatement of Buccaneer resources reflecting higher gold prices.

Encounter Resources reports exceptional rare earth and niobium assay results from diamond drilling at its Crean prospect, reinforcing the Aileron project's status as a critical minerals hotspot in Western Australia.

Lachlan Star and Cullen Resources report promising final assay results from the Killaloe Gold Project, revealing extensive shallow gold mineralisation and high-grade zones near the Duke Prospect. Plans are underway for a new drilling phase to further explore this under-explored Western Australian gold belt.

Taiton Resources reports its highest gold soil assay to date at Challenger West and confirms promising IOCG and rare earth element signatures at the Highway project, setting the stage for imminent drilling campaigns.

Coronado Global Resources reported breakeven EBITDA in Q2 2025 despite a 24% drop in coal prices, driven by significant cost reductions and ramping up of expansion projects. The company forecasts stronger profitability and cash flow in the second half, supported by improved production and liquidity.

Coronado Global Resources reported a $172.4 million net loss for the half-year ended June 30, 2025, driven by falling metallurgical coal prices and reduced sales volumes. The company initiated liquidity measures including a $75 million coal prepayment and debt refinancing, but credit rating downgrades have cast doubt on its going concern status.

Arika Resources reports significant high-grade gold intercepts from recent drilling at the F1 Fault within the Landed at Last Prospect, confirming substantial strike and depth extensions at the Yundamindra Gold Project in Western Australia.

Iltani Resources reports robust assay results from recent drilling at its Orient East silver-indium deposit, revealing wide, high-grade mineralisation and prompting an expanded drilling program that delays the maiden resource estimate to late 2025.

Geopacific Resources reports significant high-grade gold trench results extending mineralisation at Little MacKenzie within its Woodlark Gold Project, Papua New Guinea. A major 30,000-metre drilling campaign is now underway to expand the resource base and explore new targets.

Celsius Resources reports steady progress on the MCB Copper-Gold Project feasibility and engineering design, while engaging multiple parties in financing discussions including a new memorandum of understanding with Kiri Industries.