Latest Resources News

McLaren Minerals has reported significant high-grade drilling extensions at its McLaren Titanium Project in WA, with a Prefeasibility Study nearing completion and strong market demand for its ilmenite concentrate.

McLaren Minerals reported a challenging quarter with net cash outflows and limited funding runway, prompting plans for a capital raise to support its upcoming Bankable Feasibility Study.

Mt Malcolm Mines NL reported a productive September quarter with extensive drilling confirming shallow gold mineralisation and commenced JORC resource evaluations at its flagship Malcolm Gold Project.

Far Northern Resources has updated its Mineral Resource Estimate for the Ios Gold Project and initiated a Phase 2 drilling program at Bridge Creek, signalling progress in its Northern Territory gold exploration.

Norwood Systems reports a second consecutive quarter of positive operating cash flow, enabling debt reduction and progress in key projects with Optus and Microsoft. The company also secured multiple industry awards, underscoring its innovation momentum.

Culpeo Minerals has completed its maiden diamond drilling at the La Florida Prospect, revealing promising high-grade copper mineralisation and setting the stage for expanded exploration in Chile’s prolific Coastal Cordillera.

Kingsgate Consolidated Ltd reported a record September quarter at its Chatree Gold Mine, with gold production surging 18% to nearly 24,000 ounces and silver output exceeding 200,000 ounces. Strong metal prices and operational efficiencies lifted cash and bullion holdings to A$115 million.

Aguia Resources has successfully raised approximately $4 million through a non-renounceable entitlement offer and placement of the shortfall, strengthening its capital position ahead of key project developments.

Santa Fe Minerals has completed the acquisition of the Eburnea Gold Project in Cote d’Ivoire, supported by a $1.2 million capital raise, while advancing exploration efforts in Western Australia.

Identitii Limited has signed six new data sharing agreements with NSW clubs, expanded its BNDRY platform capabilities, and welcomed major shareholder Cameron Beavis to its board, signaling strong momentum ahead.

Lakes Blue Energy marked a pivotal quarter with its ASX reinstatement, a $5.8 million capital raise, and completion of the Wombat-5 well, setting the stage for imminent production testing and resource upgrades.

Axel REE Limited has reported maiden JORC Inferred Mineral Resource Estimates for rare earth elements and gallium at its Caladão Project in Brazil, alongside promising metallurgical test results and an expanded mineralised footprint.