Latest Resources News

Hawsons Iron Ltd’s May 2026 Pre-Feasibility Study update reveals a 37% jump in project NPV to AU$1.87 billion, driven by a switch from truck haulage to a conveyor waste system that cuts costs and carbon emissions.

Energy Transition Minerals (ASX: ETM) has appointed Alexander B. Gray, a former senior US national security official, to its Strategic Advisory Board, enhancing its geopolitical clout and US engagement as it pushes forward with its Greenland rare earths project.

Infini Resources has completed a landmark airborne electromagnetic and magnetic survey over its Portland Creek Uranium Project in Canada, while final Phase 2 drilling assays confirm uranium mineralisation across a 6 km strike. The company plans an expanded Phase 3 drilling campaign in Q3 2026 to target newly identified structural corridors.

Askari Metals has kicked off a comprehensive Phase 1 field program at its EPL 7626 licence within Namibia's Uis Project, aiming to uncover polymetallic mineralisation including tin and tantalum. The program leverages advanced remote sensing and on-site LIBS analysis to identify buried pegmatites adjacent to a major operating mine.

Critical Resources Limited’s initial sampling at the Lammerlaw Gold Project in New Zealand has verified high-grade gold mineralisation at Devils Creek and revealed a fresh 600-metre arsenic soil anomaly, setting the stage for focused follow-up exploration.

American Tungsten & Antimony Ltd has confirmed a large tungsten soil anomaly and high-grade surface mineralisation at its Tennessee Mountain project in Nevada, setting the stage for a maiden drill program to test extensions of a fertile tungsten-molybdenum skarn system.

Nelson Resources has kicked off its maiden underground drilling at the historic Orleans Mine in Nevada, aiming to unlock high-grade gold-silver veins with improved precision and lower costs.

OzAurum Resources has reinforced the potential of its Mulgabbie North Paleochannel Project with robust shallow, high-grade gold results from 112 reverse circulation drill holes, while progressing the commissioning of its heap leach plant to support a scalable, low-capex gold operation.

Independent analysis by the University of Tasmania’s CODES endorses Right Resources’ Pilot Project as a Reduced Intrusion-Related Gold System, highlighting significant gold and tungsten prospectivity in Tumbarumba, NSW.

Infinity Mining’s joint venture with Mining One kicks off hands-on exploration at the Walhalla project, targeting structurally controlled gold-antimony mineralisation after promising initial assays.

St Barbara Limited has secured final investment decisions for its New Simberi expansion in Papua New Guinea and the Touquoy Restart in Nova Scotia, targeting a production surge exceeding 200% over the next four years.

Mont Royal Resources has identified significant high-grade fluorspar mineralisation up to 39.8% CaF2 at its Mallard Prospect, located just 1.4km from the flagship Ashram Deposit in Québec. The discovery highlights expanding fluorspar potential amid tightening global markets and China's shift to net importer status.