Latest Resources Development News

Kingsland Minerals has announced breakthrough metallurgical test results from its Leliyn Graphite Project, revealing gallium recoveries up to 94%. The critical metal’s extraction potential could enhance project economics, with plans to establish a maiden gallium JORC Resource in 2026.

Pacgold Limited (ASX: PGO) has marked a significant milestone by producing its first gold at the White Dam Gold Project in South Australia, transitioning from an explorer to a gold producer. The company is progressing with plant upgrades and plans for pad expansion to increase production capacity.

Mount Ridley Mines Limited has validated its heavy rare earth element resource through historical metallurgical testwork showing recoveries up to 86.5% across the Grass Patch Complex. The results underpin ongoing development efforts and metallurgical optimisation plans.

Far Northern Resources Limited (ASX:FNR) has reported significant assay results from its Phase 2 drilling program at the Bridge Creek mining lease in the Northern Territory, revealing extensions of gold mineralisation to the north, south, and down dip of the known ore body.

Vita Resources NL has temporarily halted its maiden drilling program at the Ninnis Gold Project due to Tropical Cyclone Narelle, completing 850 of 1,200 planned auger holes. The company expects drilling to resume later in April, pending weather and ground conditions, with assay results forthcoming.

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

Fortuna Metals Limited (ASX:FUN) has announced a conceptual exploration target of 180 to 240 million tonnes at 0.86 to 1.0% rutile grade for its Mkanda project in Malawi, with major drilling programs planned in 2026 to advance resource definition.

Native Mineral Resources has locked in a $4 million unsecured loan from a related party to finance exclusive mining rights at the Podosky Gold Project, avoiding equity dilution amid a tight funding window.

Orange Minerals NL has agreed to sell certain tenements of its Majestic Project in Western Australia to Auravelle Metals Limited, receiving $200,000 in Auravelle shares as consideration. This move aligns with Orange Minerals' strategy to focus on core assets like its Tepa gold project in Ghana.

NH3 Clean Energy has entered a pivotal phase in its WAH2 Project development, partnering with global engineering giant Linde and progressing funding discussions to secure up to A$567 million. This collaboration aims to reduce capital and operational risks as the project moves closer to a final investment decision.

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.