Latest Resources Development News

Ora Banda Mining reported a 36% rise in FY25 gold sales and a strong cash position, despite some operational delays. The company’s FY26 guidance targets a 60% production increase, backed by significant exploration successes.

Morella Corporation has secured key heritage approvals and government co-funding, while prioritising rubidium extraction research ahead of drilling at its Mt Edon and Mallina projects.

Resource Development Group, majority-owned by Mineral Resources, has entered voluntary administration after a funding request was declined. Mineral Resources plans to support the process but will record a significant impairment in FY25.

Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration, prompting MinRes to prepare for a significant non-cash impairment in its FY25 results. The unfolding administration process raises questions about the future of RDG and its impact on MinRes shareholders.

Resource Development Group Limited has been suspended from ASX trading following the appointment of voluntary administrators, reflecting serious financial distress and regulatory breaches.

Resource Development Group Limited and its subsidiaries have appointed voluntary administrators, continuing operations while exploring sale or recapitalisation options with backing from majority shareholder Mineral Resources Limited.

Richmond Vanadium Technology has paused parts of its feasibility study and approval processes in response to a prolonged downturn in vanadium prices, focusing instead on metallurgical innovation and cash conservation.

Charger Metals NL reported steady progress in its June 2025 quarterly activities, advancing lithium exploration at the Lake Johnston Project in Western Australia with funding support from Rio Tinto Exploration. The company awaits further drilling permits to continue testing promising targets.

Nimy Resources reports impressive high-grade gallium assays from its Block 3 East drilling campaign, advancing towards a maiden JORC-compliant resource at the Mons Project. The company also strengthens its metallurgical research partnerships and secures fresh capital to fuel ongoing exploration.

Nova Minerals supports the permit application for the West Susitna Access Road, a vital infrastructure project set to enhance mining access and economic growth in Alaska’s resource-rich region.

Mount Hope Mining has defined a maiden gold exploration target at Mt Solitary and more than doubled its landholding in the Cobar basin, setting the stage for a maiden drill program in September 2025.

Askari Metals revisits historic drilling data revealing significant high-grade copper mineralisation at its Nejo Gold Project in Ethiopia, setting the stage for modern exploration efforts.