Latest Resources News

eMetals Limited reveals a significant 300-meter-wide gold-in-soil anomaly at its Busia Gold Project in Uganda, highlighting promising early exploration results within a highly prospective greenstone belt.

Austin Metals has reported promising drilling results from its Austin and Ashburton Projects in Western Australia, revealing high-grade gold mineralisation and a significant copper-gold system with new structural discoveries.

Alliance Nickel has strengthened its financial footing with an additional $1.2 million in unsecured loans and extended existing $4 million facilities to mid-2026, underscoring lender confidence as it advances its NiWest project.

St George Mining secures robust local and state government support for its Araxá rare earths and niobium project in Brazil, launching community programs and accelerating exploration activities.

Triangle Energy has signed binding agreements to sell its onshore Cliff Head assets to Pilot Energy, marking a strategic shift to focus on oil and gas exploration in the Perth Basin.

New World Resources has increased its scheme offer to 5.5 cents per share, while rival Kinterra proposes a higher 5.7 cents off-market takeover bid. The board is reviewing the competing offers amid uncertainty over the final outcome.

Pivotal Metals has expanded its exploration footprint at the Lorraine property in Quebec with a high-resolution magnetic survey, revealing new structural targets and potential mineralised intrusions. This development enhances the prospects for high-grade gold and copper-nickel-PGM discoveries in a prolific Canadian greenstone belt.

Prominence Energy Ltd has acquired the expansive Gawler Hydrogen Project, positioning itself at the forefront of natural hydrogen exploration in South Australia. This strategic move aligns with the company’s focus on early-stage, high-return energy sector opportunities.

GBM Resources secures $13 million through a strategic placement, repays $6.2 million in debt, and restructures its board to accelerate exploration in the Drummond Basin. The company also regains full ownership of the Twin Hills gold asset, positioning itself for growth.

Constellation Resources has identified a significant gold-copper soil anomaly named Chatham at its Ularring Project in Western Australia, shifting exploration focus to this promising new target.

Veris Limited has announced a significant turnaround in FY25 with an expected profit before tax of up to $2 million, reversing last year's loss, driven by strategic digital spatial initiatives and acquisition integration.

Far Northern Resources has reported impressive high-grade gold assay results from its Phase One drilling at the Bridge Creek mining lease, setting the stage for resource expansion along the Cosmo Howley anticline.