Latest Resources Development News

Mt Malcolm Mines has executed a binding agreement to acquire key components of a 500,000 tonnes per annum gold processing plant, positioning itself for future self-processing and toll-milling opportunities in the prolific Leonora gold region.

Finder Energy has completed its farmout agreement with Serica Energy, acquiring a 20% interest in the Seaward Production Licence P2530 and continuing as operator during Phase B. The company is now conducting feasibility studies to determine whether to advance to Phase C or discontinue the licence.

Cannindah Resources has appointed Cameron Switzer as Managing Director and CEO, signaling a strategic push in its Mt Cannindah Copper-Gold Project. The company also sees a leadership reshuffle with the resignation of Chair Michael Hansel and appointment of Tony Rovira as Chair.

Bastion Minerals has formalised an Exploration Consent Agreement with the Ross River Dena Council, paving the way for renewed exploration at its ICE Copper-Gold Project in Yukon, Canada. With substantial JORC resources and multiple new targets identified, the project is poised for a critical next phase in 2026.

Antares Metals has completed the first tranche of a $2 million capital raise, issuing over 128 million shares to support new project acquisitions and ongoing exploration activities.

Great Boulder Resources has intersected coarse visible gold in its first deep diamond drill hole at the Mulga Bill prospect, confirming the large-scale potential of the Side Well Gold Project’s key gold system. Assay results are expected in January 2026.

Verity Resources has wrapped up a major 10,860-metre drilling program at its Monument Gold Project, aiming to upgrade and expand its gold resource in Western Australia’s Laverton Goldfields.

AKORA Resources has secured strong endorsement from Madagascar’s new government to upgrade its Bekisopa iron ore project licence from exploration to mining, paving the way for project advancement and investment.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

Lindian Resources has completed its final payment to acquire 100% ownership of the Kangankunde Rare Earths Project in Malawi, accelerating its path to production and consolidating control over one of the world’s highest-grade rare earth deposits.

Patriot Resources has agreed to acquire 100% of the Tassa Silver Gold Deposit in Peru, backed by strong drill results and milestone-based share payments. The acquisition complements its growing portfolio of battery and critical minerals projects.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.