Latest Resources News

NAOS Ex-50 Opportunities Company Limited has reported a remarkable turnaround with a 261% increase in net profit for the half-year ended December 2025, alongside a fully franked dividend hike and ongoing share buybacks.

NAOS Small Cap Opportunities Company Limited reported a remarkable half-year profit surge and declared a steady quarterly dividend, despite portfolio returns lagging the benchmark index.

Viking Mines has revealed promising high-grade tungsten intercepts from digitised historical drilling at its Linka Project in Nevada, accelerating exploration plans amid a bullish tungsten market.

Mitchell Services Limited reported a solid half-year performance with revenue up 3% to $102.4 million and EBITDA soaring 69% to $21.4 million, returning to profit after a prior loss. The company declared a fully franked 4 cent dividend, reflecting strong cash flow and disciplined capital management.

88 Energy has released a significant update to its South Prudhoe prospective resource estimates, revealing over 500 million barrels of oil and NGLs gross across multiple reservoirs on Alaska’s North Slope. The company is advancing well planning and farm-out talks targeting a 2027 drilling campaign.

Dart Mining NL has reported record assay results for gold, silver, and antimony from its ongoing drilling at the Banshee prospect in Central Queensland, extending mineralisation and advancing towards a maiden resource estimate.

Osmond Resources has reported compelling high-grade assay results from its Orión EU Critical Minerals Project in Spain, confirming the potential for a large-scale deposit of titanium, zircon, and rare earth elements. These findings reinforce the project's strategic importance amid growing EU demand for critical minerals.

Whitehaven Coal reported a 28% revenue decline to $2.48 billion and a net profit of $69 million for H1 FY26 amid softer coal prices and reduced equity sales. The company declared a fully franked 4 cent interim dividend and outlined ongoing development projects despite market headwinds.

Sandfire Resources Limited has delivered a strong H1 FY26 performance with record sales revenue and a return to a net cash position, while advancing key projects including the Kalkaroo Copper-Gold earn-in agreement.

Australian United Investment Company Limited reported a 7% increase in half-year profit despite a slight revenue dip, maintaining its dividend and announcing a transformative merger with Diversified United Investment Limited.

Genesis Minerals has reported a remarkable fourfold increase in net profit after tax to A$238 million for the first half of FY26, driven by a 58% rise in gold production and robust margins. The company’s strong cash position and accelerated growth plans position it well for the year ahead.

Capricorn Metals has secured the Extension Hill and Mungada tenements adjacent to its Mt Gibson Gold Project, aiming to boost exploration potential in a prolific Western Australian gold belt.