Latest Resource Reporting News

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.

Carnaby Resources reports a significant off-hole electromagnetic conductor at its Trekelano prospect alongside robust copper-gold drill results, advancing its Greater Duchess Project in Queensland towards a Pre-Feasibility Study.

Australian Gold and Copper Ltd reports strong flotation and leaching test results from its Achilles deposit, marking a key step toward a maiden Mineral Resource Estimate.

Prospect Resources reports promising Phase 2 drilling results at its Mumbezhi Copper Project, revealing new strike extensions at the Nyungu Central deposit and advancing exploration across the licence.

Gorilla Gold has unveiled a major Mineral Resource upgrade at its Mulwarrie Gold Project in Western Australia, boosting contained gold ounces by 340% to 350,000 at a higher grade of 3.6 grams per tonne. This pivotal update sets the stage for further growth and development in a prolific gold region.

Polymetals Resources reports its Endeavor silver zinc mine in NSW has met operating costs from cash flow within a year of acquisition, marking a key milestone as production ramps up.

Helix Resources reports significant new drilling results from its Gold Basin Project in Arizona, confirming wide intervals of oxide-gold mineralisation suitable for open-pit mining and supporting potential resource upgrades.