Latest Resources News

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project, revealing strong economics, low capital requirements, and a swift payback period. The study underscores the project's potential to generate significant cash flow over three years through a toll milling arrangement with Austral Gold.

Challenger Gold has raised A$34.5 million through an institutional placement to fund near-term gold production and expand development at its Hualilan project in Argentina.

Focus Minerals has completed the sale of its Laverton Gold Project to Genesis Minerals for A$250 million in cash, marking a significant shift in its asset portfolio. The company now turns its attention to optimising operations at its Coolgardie Gold Project.

Xstate Resources has disposed of its 20% stake in the Austrian Anshof project, eliminating liabilities and streamlining its portfolio ahead of a planned ASX re-listing and development of its Diona project in Queensland.

Xstate Resources has disposed of its 20% stake in the Austrian Anshof project, shedding liabilities and production to sharpen focus on its promising Diona project and upcoming ASX re-listing.

Beacon Minerals has completed a major drilling campaign at its Lady Ida Iguana Deposit, revealing promising near-surface gold zones and setting the stage for mining to begin in 2026.

Pivotal Metals Limited has updated its exploration insights on high-grade gold targets within its Lorraine project in Quebec, revealing a broad, largely unexplored gold corridor and outlining plans for an aggressive field program.

Income Asset Management Group has posted a record revenue month in May 2025, driving strong quarter-to-date growth and expanding its funds under advice by 28% year-on-year.

Invert Graphite has completed significant acquisitions including South Australian exploration licences and appointed a new CEO and board members, setting the stage for its next growth phase.

Anax Metals has issued a detailed clarification on its recent $3.3 million convertible note placement with Mineral Development Partners, addressing inconsistencies in shareholder approval disclosures and announcing strengthened compliance measures.

Vertex Minerals confirms fully developed, accessible stope blocks at its Reward Mine, featuring a high-grade inferred resource that promises to accelerate underground production start-up.

Patriot Resources has identified a significant new copper mineralisation zone within its Sugarloaf licence in Zambia, revealing promising surface copper grades and a substantial strike length that could expand its resource base.