Latest Resources News

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

Bryah Resources has secured approvals and land access agreements to begin drilling at its Golden Pike Project in Canada, targeting high-grade gold and antimony deposits with programs set to complete by year-end.

Diablo Resources has appointed Matthew Blumberg as a Non-Executive Director and brought on Ellis Martin as its U.S. Media and Investor Communications Advisor, signaling a strategic push into North American markets.

Melbana Energy has begun mobilisation for drilling the Amistad-11 well in Cuba’s Block 9, aiming to restore and improve production after formation damage impacted a key well.

Syrah Resources has secured an $8.5 million tranche from its US DFC loan, deferred interest payments to mid-2026, and issued warrants to the DFC, reinforcing the strategic importance of its Balama graphite operation.

Sunshine Metals has reported compelling final assay results from its recent diamond drilling program at the Sybil project, confirming significant high-grade gold mineralisation and paving the way for expanded exploration in early 2026.

Recent drilling by Hastings Technology Metals at the Seven Leaders prospect confirms high-grade near-surface gold mineralisation, underpinning a maiden resource estimate. Metal Bank’s pending acquisition of the Whiteheads Gold Project signals a strategic shift toward gold production.

Syrah Resources has secured an extension to address an alleged default under its Tesla offtake agreement, pushing the cure deadline to January 2026 while continuing negotiations.

Lightning Minerals confirms a large-scale gold mineralised system extending over 12km along the Drummer Fault at its Mt Turner Project, with high-grade intersections and multiple new targets identified.

Catalyst Metals has resolved a key legal dispute to gain 100% ownership of the Plutonic Gold Belt, clearing the way to boost gold production and extend mine life in Western Australia.

Larvotto Resources’ maiden drilling at Freehold confirms robust antimony-gold mineralisation with notable tungsten by-product potential, underscoring growth prospects at Hillgrove.

Trek Metals is accelerating exploration at its Christmas Creek Project in WA following a high-grade manganese discovery with assays up to 58% Mn, backed by awarded geophysical survey contracts and promising gold drill results.