Latest Resources News

Canyon Resources has achieved critical milestones for its Minim Martap Bauxite Project, including port access approval and a substantial credit facility, setting the stage for production and first shipment in early 2026.

VRX Silica Limited has successfully concluded the environmental appeal process for its Arrowsmith North Silica Sand Project, with the WA Minister for Environment confirming the adequacy of the EPA assessment. The company is now advancing financing discussions and offtake agreements as it awaits formal project approval.

WIN Metals Ltd has significantly expanded its Butchers Creek gold resource, boosting indicated ounces by 86% and advancing the project towards economic evaluation. Concurrent exploration successes and strategic asset sales underpin the company’s focused growth strategy.

Vital Metals has unveiled a promising Scoping Study for its Tardiff Rare Earth and Niobium project in Canada, highlighting strong financial metrics and significant growth potential over an 11-year mine life.

Diablo Resources Limited reported a cash outflow for the June 2025 quarter, with limited cash reserves and plans underway to secure additional funding to sustain its exploration activities.

Diablo Resources advances exploration at its Phoenix Copper Project with significant rock sampling results and drill permits granted for key prospects, setting the stage for drilling in Q3 2025.

Alkane Resources secured shareholder approval for its merger with Mandalay Resources, marking a pivotal step toward creating a combined gold and antimony producer. The transaction awaits final court confirmation in Canada.

Orbminco Limited has acquired the Majestic North Gold Project in Western Australia for $3.4 million plus royalties, unlocking near-term mining potential and significant exploration upside. Drilling programs are already in progress to validate and expand the resource.

Trek Metals has accelerated its exploration at the Christmas Creek Project with expanded drilling revealing promising high-grade gold mineralisation and a newly discovered gold nugget field. Backed by a $3.5 million capital raise and government co-funding, the company is poised for further breakthroughs.

Brightstar Resources secures backing from major Aurumin shareholders and option holders for its proposed acquisition, pending expert approval and absence of superior offers.

Moab Minerals is progressing its Manyoni uranium project with a planned JORC-compliant resource estimate and is nearing completion of a key tenement acquisition, while securing fresh funding to support ongoing exploration.

Comet Resources has sold a significant stake in International Graphite, using part of the proceeds to clear its debt, triggering a board resignation and signaling a shift in shareholder dynamics.