Latest Resources Development News

Tolu Minerals confirms multiple high-priority porphyry copper-gold targets at its Mt Penck project in Papua New Guinea, supported by an independent geophysical review and surrounded by active exploration including a major Rio Tinto application.

Boss Energy Limited reported a solid cash flow performance for the September 2025 quarter, ending with nearly A$48 million in unrestricted cash, underpinning its ongoing uranium exploration and development activities.

Moab Minerals has upgraded its Manyoni uranium project resource estimate by 25%, enhancing its uranium inventory and advancing plans for low-cost mining. The company also expanded its portfolio with a new copper-gold acquisition in Zambia, signaling a strategic diversification.

Antares Metals has extended copper mineralisation at its Mt Isa North Project and unveiled a major new copper discovery, alongside advancing high-grade uranium targets.

Arika Resources reports compelling new gold assay results from its Yundamindra Gold Project, confirming a large, multi-lode system along the Yellow Brick Road trend. Every hole drilled in the central 3km has intersected significant mineralisation, underscoring the project's growing potential.

RareX Limited has reported new high-grade gallium re-assay results from 15 drill holes at its Cummins Range Project, confirming broad and consistent mineralisation alongside rare earths and scandium. These findings reinforce gallium’s potential as a valuable co-product in this multi-element critical minerals deposit.

Wia Gold Limited has delivered a robust Scoping Study for its Kokoseb Gold Project in Namibia, confirming strong production potential and cost efficiency. The company also secured A$30 million to accelerate exploration and development activities.

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

Yari Minerals has increased its inferred coal resource at the Rolleston South project by 26% to 190 million tonnes and raised $1.5 million to fund an inaugural drilling campaign aimed at upgrading resource status and confirming metallurgical coal potential.

Great Western Exploration has identified a significant gravity anomaly at its Oval Copper-Gold Targets, suggesting a large Volcanic Hosted Massive Sulphide system akin to the nearby DeGrussa deposit, with drilling plans advancing alongside promising developments at Juggernaut and Lake Way.

Gibb River Diamonds has begun mining at its Edjudina Gold Project in Western Australia, stockpiling high-grade ore and securing a processing deal with Black Cat Syndicate. First cash proceeds are expected by early 2026, marking a pivotal step for the company.

Arika Resources has initiated a significant 5,000m drilling campaign at Pennyweight Point, aiming to extend known high-grade gold mineralisation and test new geophysical targets within the Yundamindra Gold Project in Western Australia.