Latest Resource Reporting News

Talonx Resources has identified copper and broader base-metal exploration potential across its 1,000km² Kihabe Project in Botswana, supported by historical copper intersections and established zinc-lead-silver resources. The immediate task is to turn an exploration thesis into drill-ready targets, with no new drilling or copper resource reported in the announcement.

Rox Resources reports steady progress at Youanmi Gold Mine with processing plant construction and mining development proceeding on schedule, supporting a mid-2027 gold production target.

Aurum Resources has unveiled new high-grade gold intercepts from 22 diamond drill holes at its Boundiali BST1 deposit in Côte d'Ivoire, confirming ongoing resource growth potential and advancing development plans toward production by 2028.

Stanmore Resources is set to acquire the Moranbah South tenements for US$105 million, significantly expanding its metallurgical coal resources and enhancing synergies with nearby projects.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.

Nimy Resources reports metallurgical tests achieving 84% gallium and up to 95% rare earth extraction at its Mons Project Block 3, underpinning proprietary processing technology and feeding into a scoping study.

Moonlight Resources Ltd (ASX: ML8) completed its first year as a listed entity, rapidly expanding its gold and copper exploration at the Clermont Project in Queensland. The company reported a net loss of $1.98 million for FY2026, reflecting active exploration and corporate growth following its December 2025 IPO.

Austral Resources Australia Ltd has swung from a $24.2 million loss to a $25.3 million profit in the first half of 2026, boosted by strategic acquisitions, capital raises, and operational shifts. The company is advancing its Rocklands restart and has proposed acquiring Hammer Metals to expand its copper footprint.

Bathurst Resources delivered a consolidated EBITDA of NZD 44.7 million for FY26, reaching the top of its guidance despite a challenging start to the year for export coal prices. The company advanced key growth projects in New Zealand and Canada while maintaining a robust cash position.

Fenix Resources reported a 131% jump in net profit to $12.47 million for FY26, driven by an 87% surge in revenue amid ongoing production ramp-up and infrastructure investments.

Novo Resources Corp bolsters its Australian gold and copper exploration pipeline with a maiden inferred resource at Belltopper and strategic gains at Egina following Northern Star’s JV exit.

Pacific Resources Limited (ASX: PXR) completed a strategic pivot in FY2026, acquiring the high-grade Snowstorm Gold Project in Victoria and expanding exploration in Tasmania, while maintaining its Queensland coal assets. The company reported a $769K loss on no operating revenue, supported by a $1.5 million capital raise.