Latest Resources News

Loyal Metals has completed the acquisition of the high-grade Highway Reward Copper-Gold Mine and confirmed a large-scale VHMS mineral system, while agreeing to a cash takeover by PT Bumi Resources valuing the company at A$79.1 million.

Osmond Resources is progressing its Orión EU Critical Minerals Project with promising drilling results, positive mineral processing testwork, and a new partnership targeting rare earth carbonate production in Spain.

Jupiter Mines reported a 49% quarter-on-quarter EBITDA increase driven by higher manganese prices, despite cost pressures from exchange rates and Middle East conflict-related freight hikes.

Ausgold has locked in a $30.1 million EPC contract with ADD Business Group to build a 250-room workforce village near its Katanning Gold Project, marking a key step towards a final investment decision in late 2026.

Dateline Resources is poised to release its Colosseum Gold Project Bankable Feasibility Study imminently, while expanding rare earth exploration at its new Music Valley project and bolstering its balance sheet with a $50 million placement.

Alara Resources maintained steady copper-gold production at its Al Wash-hi Majaza Mine despite regional geopolitical shipping disruptions, while advancing exploration and managing ongoing legal proceedings in Oman.

Venus Metals Corporation advances its Sandstone gold and Youanmi base metals projects with new exploration targets, hyperspectral imaging breakthroughs, and ongoing development work, supported by a solid cash and investment position.

Perpetual Resources has launched a detailed trenching campaign at its Igrejinha Lithium and Caesium Project in Brazil, aiming to refine multiple pegmatite targets ahead of a mid-year drilling push. Concurrent exploration planning is progressing at the Renaldinho Project, reinforcing the company’s foothold in Brazil’s Lithium Valley.

Beetaloo Energy has bolstered its financial footing with a $66.3 million equity placement and a $15.4 million R&D tax refund, underpinning key developments at the Carpentaria Gas Plant and local frac sand project.

QMines Limited reported a busy March quarter with strong drilling results at Mount Mackenzie, a resource upgrade at Develin Creek, and progress on the Mt Chalmers feasibility study, underpinned by a $15 million strategic funding package from QIC.

Medallion Metals has greenlit development at Ravensthorpe following a $50 million loan and environmental approval, while integrating Forrestania assets to underpin a multi-source gold strategy.

Western Mines Group reported strong March quarter progress at Mulga Tank, delivering high-grade nickel sulphide results and expanding its project portfolio with new acquisitions and a magnesite supply MoU.