Latest Resources Development News

Future Metals NL has outlined strategic initiatives to enhance its flagship Panton PGM Project, leveraging rising platinum group metal prices and new processing opportunities. Key work programs and management appointments position the company for accelerated development in 2026.

Sunshine Metals has reported outstanding near-surface gold and silver intercepts from its ongoing drilling at the Liontown deposit, signalling a potential upgrade to its resource and mining plans.

Greatland Resources capped off 2025 with robust gold and copper production at Telfer, generating $406 million in operating cash flow, while its Havieron feasibility study confirmed a world-class, low-cost gold-copper mine with a $4.2 billion pre-tax NPV.

Grand Gulf Energy has progressed its Petroleum Exploration Licence application offshore Namibia and continued development discussions for its Red Helium Project, maintaining a disciplined capital approach during the December 2025 quarter.

West African Resources Limited reported a robust cash flow for the December 2025 quarter, ending with a strong cash position of A$584.1 million. The company’s operating activities generated significant cash inflows, offsetting substantial investing and financing outflows.

Zuleika Gold Limited has announced its first inferred mineral resource estimate for the Paradigm East deposit, marking a key milestone in its Kalgoorlie-area gold projects. Combined with the Credo Well resource, the company now holds over 35,000 ounces of gold resources as it advances mining lease applications and plans further drilling.

Greenvale Energy has reported significant progress in its uranium exploration portfolio, highlighted by expanded high-grade mineralisation at the Oasis Uranium Project and strategic advancements in its Alpha Torbanite and geothermal projects.

Clean TeQ Water has landed a $665,160 engineering contract with Sunrise Energy Metals to update key designs for the Syerston Scandium Project, supporting a crucial investment decision.

EV Resources has confirmed exceptional grades of antimony, copper, and silver at its Dollar Antimony project in Nevada, signalling a promising polymetallic vein system and advancing its strategy to supply critical minerals domestically in the US.

Turaco Gold has announced significant extensional drilling results at its Adiopan prospect, adding approximately 1.5 kilometres of high-grade gold mineralisation. This breakthrough is set to materially increase the Afema Project's Mineral Resource Estimate, with an update expected in the first quarter of 2026.

Asara Resources has reported further positive drilling results at its Massan deposit, confirming grade continuity and down-dip growth, while initial Phase 2 drilling indicates promising strike extensions at the Kada Gold Project in Guinea.

Elixir Energy has commenced drilling at the Lorelle-3 appraisal well in Queensland’s Taroom Trough, targeting significant gas resources with plans for advanced testing by mid-2026.