Latest Resources Development News

Dynamic Metals has initiated a four-hole diamond drilling program at its Cognac West prospect, aiming to deepen understanding of gold-copper mineralisation beneath earlier drilling. Supported by government co-funding, this marks a pivotal step in advancing one of the company's most promising targets.

Terra Metals’ latest drilling results at the Dante Project confirm one of Australia’s largest titanium-vanadium-copper-platinum group metal systems, showcasing thick, continuous mineralisation and promising metallurgical potential.

Terrain Minerals has completed a significant 7,739-metre drilling campaign at its Smokebush Gold & Silver Project, with assay results for Lightning expected in March and Wildflower in April 2026. This milestone advances the company’s goal of delivering a maiden JORC Mineral Resource estimate by mid-year.

ADX Energy has released an updated assessment of its Welchau well in Austria, revealing a significant increase in prospective gas-condensate and light oil resources. The 2024 drilling results highlight promising reservoir conditions and pave the way for further appraisal.

Breakthrough Minerals has announced a focused drilling campaign at its Barbara Copper-Gold Project in Queensland, aiming to expand its substantial copper-gold resource within the broader Queensland Copper-Gold Project portfolio.

GoldArc Resources has confirmed new high-grade gold mineralisation at its Leonora South project, with standout assay results from maiden drilling at Woodpecker, Whistler, and Niagara West. The company is gearing up for extensive follow-up drilling to expand these promising discoveries.

Kingfisher Mining has agreed to sell its Gascoyne rare earth elements project to Dreadnought Resources for $2 million in shares plus milestone payments, freeing capital to advance its copper-gold portfolio in New South Wales.

Beacon Minerals Limited has reported a robust half-year performance with gold sales more than doubling to AU$82.6 million and a comprehensive profit of AU$14.8 million, driven by strong production growth and higher gold prices.

Auravelle Metals has appointed seasoned geologist Stephen Biggins as Non-Executive Chair, marking a strategic leadership shift as the company advances its high-grade gold projects in South Australia and Western Australia.

MC Mining reports steady progress at its Makhado steelmaking coal project in South Africa alongside a significant increase in Kinetic Development Group's shareholding to 44%. The company maintains its production targets for 2026 amid strong safety and environmental records.

TMK Energy Limited reveals strong pilot well results and a robust phased development plan for its Gurvantes XXXV Coal Seam Gas project in Mongolia, underpinned by independently certified resources and strategic partnerships.

Lodestar Minerals has reported high-grade heavy rare earth element assays up to 3.73% TREO from its Virgin Mountain project in Arizona, significantly surpassing previous results and highlighting its strategic potential in the US critical minerals landscape.