Latest Resources News

Northern Star Resources reports a substantial 9.4 million ounce increase in group Mineral Resources to 70.7 million ounces and a 1.4 million ounce rise in Ore Reserves to 22.3 million ounces as of March 2025, excluding the newly acquired Hemi Project.

Bayan Mining and Minerals Limited has confirmed promising high-grade Carlin-style gold mineralisation at its 100% owned Bayan Springs Projects in Nevada, with rock chip assays up to 4.56 g/t Au and strong geochemical signatures.

Brightstar Resources has kicked off its second ore processing campaign under a key agreement with Genesis Minerals, while development at its Fish underground mine remains on track for first ore in June. The company is poised for growth with a near-complete feasibility study and increased drilling activity.

Blue Star Helium reports robust natural flow rates from its Jackson 2 well at the Galactica project, with helium concentrations nearing 78%, signaling strong reservoir potential in Colorado.

Errawarra Resources has reported exceptionally high-grade surface silver results up to 920g/t at its Elizabeth Hill Project, revealing promising new targets beyond the historic mine site. The company is gearing up for an inaugural drilling program to explore these potential extensions.

Meridian Energy's April 2025 report reveals a notable rise in hydro storage levels and a dip in national electricity demand, alongside a significant increase in generation prices.

Bass Oil Limited has announced a $3.1 million rights issue to fund key projects including recommissioning a gas facility in Australia and drilling an oil well in Indonesia, aiming to significantly increase production and cash flow.

Bass Oil Limited has acquired the Vanessa gas field from Beach Energy, marking its entry into gas production in Australia’s Cooper Basin. The company is raising $3.1 million to fund this acquisition alongside other growth initiatives.

Burley Minerals has successfully closed a significantly oversubscribed entitlement offer, raising more than $1.1 million to advance its iron ore and lithium projects in Australia and Canada.

Babylon Pump & Power is set to acquire Matrix Hydro Services, enhancing its water management capabilities in Western Australia’s mining sector, supported by a $3.5 million entitlement offer.

Patriot Resources is set to begin a 6,250-metre reverse circulation drilling program at its Katwaro copper-gold project in Zambia, aiming to extend high-grade mineralisation along an 8km strike. The campaign targets promising zones identified in previous sampling and mapping.

RareX Limited has successfully raised A$2.7 million through a share placement, attracting strong institutional support to advance its rare earths exploration projects in Australia and Kenya.