Latest Resources News

Brightstar Resources has secured full funding for its Goldfields Project, targeting 75,000oz gold production annually from mid-2027, while advancing the Sandstone Project towards a potential Tier-1 development with production aimed for 2029.

Scorpion Minerals has unveiled an Exploration Target of up to 3 million tonnes grading 1.5 to 2.0 g/t Au at its Old Prospect gold zone in Western Australia's Murchison region, building on an existing 21,600-ounce JORC resource with significant upside potential.

Odessa Minerals has raised $2.65 million through a strongly supported placement and appointed Sam Brooks, an experienced geologist, to its board to boost project acquisition efforts.

TG Metals targets a potential doubling of its laterite gold resources at Van Uden, advancing heap leach project designs and awaiting drilling approvals.

Native Mineral Resources (ASX:NMR) has raised A$3.5 million through a convertible note with existing investor Lind Global Fund III LP, aiming to reduce debt and support operational cash flow.

BPH Global’s Indonesian unit has locked in a four-year MoU with ITBM to integrate student-driven operations and research at its Takalar coastal seaweed site, setting the stage for scaled commercial development and local collaboration.

Altitude Minerals has secured $1.155 million through a placement to fund drilling and target development in Nevada and New South Wales, focusing on silver, gold, and copper-gold porphyry systems.

Ark Mines has intercepted low-grade gold in its Sandy Mitchell Rare Earths Project, revealing potential value-add from gold credits alongside rare earths. Further assays and development studies are underway.

CuFe’s expanded scoping study for its Orlando copper-gold project integrates underground mining and new bismuth and silver revenue streams, lifting project NPV to A$908 million at spot prices and shortening payback to 10 months.

Axel REE reports thick, shallow rare earth mineralisation with strong heavy rare earth enrichment at Woolrich, underpinning plans for an Indicated resource upgrade and in-situ recovery trials.

PTR Minerals has received the final batch of assay results from its Rosewood East drilling, revealing consistent, shallow, and high-grade heavy mineralisation. The company remains on track to deliver its maiden Mineral Resource Estimate in Q2 2026.

Centaurus Metals has unveiled multiple large-scale copper-in-soil anomalies at its newly acquired Rio Novo tenements, expanding the Boi Novo Project footprint. Concurrent drilling continues to deliver promising copper-gold and iron ore intersections, while metallurgical tests indicate strong concentrate recoveries.