Latest Resources Development News

Fortuna Metals has appointed two seasoned technical consultants to fast-track resource development and metallurgical planning at its Mkanda rutile and graphite project in Malawi, signalling a move towards resource estimation and potential commercialisation.

Asian Battery Metals has exercised its option to acquire the Maikhan Uul Copper-Gold Project in southwestern Mongolia, adding a strategically significant asset to its portfolio with confirmed high-grade mineralisation and a long-term mining licence.

Evolution Energy Minerals has successfully closed an oversubscribed $4 million rights issue, supplemented by a $150,000 follow-on placement, bolstering funds for key exploration and development projects.

Odyssey Gold Limited has reported promising assay results from metallurgical drillholes at its Tuckanarra Project, highlighting significant gold grades that surpass historic drilling. These findings underpin ongoing mining proposals and future resource upgrades.

ABx Group has secured partnerships in two major Australian Government R&D initiatives aimed at advancing rare earths refining and exploration technologies, accelerating development of its ionic clay rare earth project in Tasmania.

Ora Banda Mining has reported a staggering 964% increase in its Round Dam gold resource, boosting its total global mineral resources to 3.3 million ounces. This leap underscores the company’s aggressive organic growth strategy and ongoing exploration success.

Antares Metals has confirmed significant high-grade uranium mineralisation at its Queens Gift project in Queensland, setting the stage for a resource upgrade and expanded exploration across its Mt Isa North portfolio.

Savannah Goldfields reports steady gold pours at its Georgetown plant through early 2026, with a planned maintenance pause and a clear roadmap to resume mining and processing activities in the coming months.

DPM Metals has lodged a detailed technical report updating the Mineral Resource and Reserve estimates for its Chelopech mine in Bulgaria, underpinning its strategic growth plans.

St George Mining Limited has been added to the S&P/ASX All Ordinaries Index, marking a milestone following a significant resource upgrade at its Araxá Rare Earths-Niobium Project in Brazil. This inclusion signals growing investor confidence and broader market recognition.

Battery Age Minerals has secured an exclusive evaluation licence with NTUitive to assess advanced germanium technologies, aligning its Austrian and US projects with downstream market specifications and sustainable processing goals.

NexGen Energy has received the last federal approval needed to start construction on its Rook I uranium project in Saskatchewan, set to become the globe’s largest and most environmentally advanced uranium mine.