Latest Resources News

Fulcrum Lithium’s Phase 3 drilling at Alkali Flats in Nevada reveals extensive, thick lithium mineralisation with grades exceeding 300ppm across a large area, setting the stage for a maiden Mineral Resource Estimate.

Celsius Resources initiates emergency arbitration to halt Kiri’s offtake deals with Makilala Mining, while grappling with governance upheaval and stalled financing at its Philippine copper project.

Perpetual Resources has verified a continuous pegmatite system across four trenches at its Mauricio Target within Brazil’s Igrejinha Lithium and Caesium Project, tracing a 167-metre strike open in multiple directions. Assay results are awaited ahead of planned drilling.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Cygnus Metals has delivered robust high-grade drilling results at its Golden Eye deposit, reinforcing its strategy to upgrade inferred resources to indicated status, while commencing exploration at the Gwillim gold prospect with JV partner Alamos Gold.

White Cliff Minerals has extended copper mineralisation at its Rae Copper Project in Nunavut to over 5.4km, with visible sulphides in every hole across 2.6km of strike from its 2026 drilling campaign. Assays reveal multiple high-grade intervals, underscoring the project's scale and continuity.

The Spanish Supreme Court has accepted an appeal that could reshape the permitting process for Highfield Resources’ Muga Project, triggering financing negotiations and legal scrutiny over mining concession procedures.

Native Mineral Resources (ASX:NMR) recorded its strongest monthly processing since recommissioning in April 2026, with 24,101 dry tonnes milled and a 20% rise in gold recovered. The transition to higher-grade feed from Blackjack Mid Pit and Podosky is set to underpin production gains through FY2027.

Kalamazoo Resources has unveiled a substantial underground Exploration Target at its Peake Deposit, potentially adding up to 380,000 ounces of gold and extending the Ashburton Gold Project’s mine life beyond current plans.

Beach Energy has agreed to sell its 60% stake in the VIC/L35 Otway Basin permit, including the Artisan gas discovery, for $70 million upfront plus a production royalty expected to total around $140 million. The deal frees up over $500 million in capital, allowing Beach to focus on higher-return projects.

Amplitude Energy has agreed to buy half of the Artisan gas field from Beach Energy for $58.3 million upfront plus a capped royalty, accelerating gas production and enhancing the East Coast Supply Project’s economics.

Tarrina Resources has expanded the known gold anomaly at its Christmas Gift Gold Project by over a kilometre, unveiling 29 new soil geochemical targets including 12 high priorities that could reshape exploration plans.