Latest Resources Development News

Empire Resources Limited has completed the issuance of 1 million shares under the second tranche of its placement, following shareholder approval at the recent extraordinary meeting. This move strengthens the company’s capital base as it pushes forward with its gold and copper projects in Western Australia.

Cassius Mining’s Ghanaian subsidiary has escalated its damages claim to USD 905 million, citing lost profits from a stalled gold project, as the arbitration hearing looms in June.

SQX Resources has reported impressive assay results from its maiden drilling at the Red Bird Gold Project in Arizona, revealing significant, shallow gold mineralisation with promising continuity. These findings bolster the project's potential for open-pit resource development.

Asara Resources reports strong drilling results at its Massan deposit within the Kada Gold Project, confirming continuity and extensions of high-grade gold mineralisation. The company advances its resource growth strategy with ongoing drilling and plans for a Mineral Resource Estimate update.

BMG Resources has commenced diamond drilling as part of a 10,000m program at its Abercromby Gold Project in WA, aiming to expand its 518,000oz gold resource. Results are expected within weeks, alongside a near-complete scoping study that could pave the way for near-term production.

Since its October 2025 ASX IPO, Temas Resources has made significant strides in commercialising its proprietary metallurgical technology and advancing its Québec mineral projects, supported by solid financial reserves.

OD6 Metals has launched its first systematic exploration in six decades at the Quinn Fluorspar Project in Nevada, targeting historically high-grade deposits and expansive alteration zones. The program aims to unlock new fluorspar discoveries critical to advanced technologies.

Lunnon Metals reports steady progress at its Lady Herial gold mine alongside the discovery of a new gold-bearing structure northwest of the site, highlighting promising potential for future underground mining.

Paladin Energy faces a judicial review application from the Métis Nation–Saskatchewan contesting the recent environmental approval for its Patterson Lake South Project. The legal challenge alleges insufficient Indigenous consultation and seeks to halt project progress.

Resolute Mining and Guinea’s state-owned Nimba Mining Company have signed a landmark MoU to jointly explore and potentially develop gold projects, marking a significant step in Guinea’s mineral diversification.

Felix Gold has exercised its option to acquire 100% ownership of the Treasure Creek mining claims in Alaska, securing a strategic foothold in a project hosting high-grade antimony ore that meets U.S. military specifications alongside significant gold resources.

Surefire Resources has revealed a promising new gold discovery at its Yidby project in Western Australia, with surface samples showing grades up to 12.04 g/t Au in a previously unexplored Albitite lithology. This discovery validates historic data and opens a fresh corridor for exploration.