Latest Resource Sector News

Boom Logistics reports steady revenue growth and significant capital expenditure cuts in Q1 FY26, while advancing a share buyback and navigating leadership changes.

Kali Metals has identified a new high-grade gold prospect at its Marble Bar Project, extending the gold strike length to 3km, while maintaining a robust cash balance of A$5.13 million following a recent capital raise.

Spheria Emerging Companies Limited has announced its highest-ever quarterly dividend of 3.8 cents per share and revealed plans to transition to monthly dividends starting early next year, aiming to provide shareholders with more regular income.

Tasman Resources has raised $2 million through a two-tranche placement to fund a promising drilling campaign at Parkinson Dam and broaden its project portfolio, alongside appointing a new director to steer its strategic ambitions.

Echelon Resources has inked a significant gas supply agreement with McArthur River Mining, locking in 2.1 petajoules of firm gas plus additional volumes for 2026 and 2027. This deal underscores Echelon’s growing role in powering key Northern Territory industries.

Bubalus Resources has reported encouraging drilling results at its Victorian gold projects and is advancing rare earth exploration in the Northern Territory, supported by a solid cash position.

United States Antimony Corporation has made a non-binding indicative offer to acquire Larvotto Resources at a significant premium, proposing a strategic merger focused on antimony supply chain security and growth.

Deep Yellow Ltd announces the departure of long-serving CEO John Borshoff, with CFO Craig Barnes stepping in as interim leader while a global search for a successor continues.

Lincoln Minerals has appointed Chris Wilcox as CEO and Greg English as Chair, marking a strategic leadership overhaul aimed at driving exploration growth across its South Australian mineral assets.

Avenira Limited has appointed John He as Executive Chairman and CEO, marking a significant leadership reshuffle aimed at advancing the Wonarah Phosphate Project and strengthening strategic partnerships.

Saunders International has landed a $19.8 million contract to build 11 tanks at a gold processing facility, reinforcing its foothold in the resources sector and promising revenue growth over the next two years.

American West Metals has raised A$7 million at a premium to advance its West Desert Project, home to the largest and highest-grade indium resource in the US. The funding includes a strategic $2 million investment from Tribeca Investment Partners and aims to accelerate critical metals development amid supportive US policies.