Latest Resources News

Image Resources NL has achieved a key milestone with first heavy mineral concentrate production and shipment from its Atlas project, setting the stage for positive operating cash flow in the coming quarter.

Following its merger with Poseidon Nickel, Horizon Minerals reports a consolidated mineral resource portfolio featuring 1.8 million ounces of gold and 422,700 tonnes of nickel, positioning the company for sustained production and growth.

Invictus Energy has secured a three-year extension for its Cabora Bassa Basin licence and gained environmental approval for pilot gas production, setting the stage for expanded exploration and early commercialisation in Zimbabwe.

VRX Limited advances its Arrowsmith and North silica sand projects with a positive EPA assessment and non-binding offtake agreements totaling 440,000 tonnes annually across Asia. Despite an ongoing appeal, the company is progressing toward final approvals and project financing.

Bellevue Gold Limited reported a softer March quarter with production impacted by localized mining issues, prompting a revised FY25 guidance and a $156.5 million capital raise to close out near-term hedges. The company is initiating a strategic review while targeting stronger production in FY26 and beyond.

Northern Star Resources reported solid March quarter results with strong cash flow and progress on its KCGM Mill Expansion, despite operational setbacks delaying grade uplift and prompting a downward revision of FY25 production guidance.

Sipa Resources has validated a large historical gold-in-calcrete anomaly at its Tunkillia North project, identifying a new higher-grade target and advancing drill plans pending heritage clearance.

Lefroy Exploration has partnered with BML Ventures in a profit-sharing agreement to fast-track mining at the Lucky Strike Gold Project, backed by promising drilling results that validate and expand the resource base.

Great Boulder Resources has reported further shallow, high-grade gold mineralisation at its Eaglehawk deposit within the Side Well Gold Project, confirming the prospectivity of this emerging system with strong recent drilling results.

Piche Resources has extended its Cerro Chacon gold-silver mineralised corridor to 14km and identified multiple high-grade uranium zones at Sierra Cuadrada, setting the stage for an 8,000m drilling campaign in 2Q 2025.

Agrimin Limited has received key environmental approval for its Mackay Potash Project while initiating a strategic review in response to sector challenges, alongside notable leadership changes.

Helix Resources has entered binding agreements to earn up to 40% of the Gold Basin oxide gold project in Arizona, a significant move supported by a planned resource update incorporating extensive recent drilling.