Latest Resources News

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

Cue Energy Resources Limited’s Independent Board Committee has unanimously advised shareholders to reject Horizon Oil Limited’s off-market takeover offer, citing undervaluation and significant risks. Shareholders are urged to take no action in response to the offer.

Patagonia Lithium Ltd (ASX:PL3) has announced positive exploration results from Well JAM 25-05 at its Formentera Lithium Project in Argentina, with core analysis revealing porosity values above regional averages and lithium assays ranging from 156ppm to 219ppm. These findings may support an expansion of the company’s Mineral Resource Estimate (MRE).

Fortuna Metals Limited (ASX:FUN) has announced a conceptual exploration target of 180 to 240 million tonnes at 0.86 to 1.0% rutile grade for its Mkanda project in Malawi, with major drilling programs planned in 2026 to advance resource definition.

Ramelius Resources (ASX: RMS) reported gold production of 38,093 ounces for the March 2026 quarter, maintaining FY26 guidance at the midpoint. The company progressed key projects including early Never Never ore delivery and completed A$110.2 million in share buybacks.

Robex Resources Inc. has released its Q1 2026 production update, with Kiniero Gold Mine in Guinea producing 39,367 ounces of gold following commercial production commencement in February. The company’s cash and bullion holdings rose to US$255 million.

MLG Oz Ltd has announced three new and extended contracts with major mining companies, collectively expected to generate around $20 million in annual revenue. These include a five-year extension at Gruyere, a multi-site mobile crushing contract with Northern Star, and a civil construction project with Endurance Mining.

Orange Minerals NL has agreed to sell certain tenements of its Majestic Project in Western Australia to Auravelle Metals Limited, receiving $200,000 in Auravelle shares as consideration. This move aligns with Orange Minerals' strategy to focus on core assets like its Tepa gold project in Ghana.

Miramar Resources Limited (ASX:M2R) has finalised the sale of its Randalls Project to Ore Resources Ltd (ASX:OR3) for up to AUD 800,000 in cash, shares, milestone payments, and royalties, aligning with its strategy to streamline its exploration portfolio and concentrate on other Western Australian projects.

Rox Resources Limited has executed a A$350 million syndicated debt facility agreement with major banks to fund the development of its Youanmi Gold Project, targeting first gold production by mid-2027.

GoldArc Resources (ASX:GA8) has reported consistent high-grade gold intersections from a recent 20-hole RC drilling program at its Eclipse prospect, supporting advancement towards a maiden Mineral Resource Estimate within its Leonora South Gold Project.

Adavale Resources (ASX:ADD) has reported the identification of several high-quality near-mine gold targets at its London-Victoria Gold Mine within the Parkes Gold-Copper Project, NSW, supported by soil geochemistry and drone magnetics. The company plans to commence drilling shortly to test these targets, including a high-priority anomaly at Victoria South with peak soil gold values up to 600ppb Au.