Latest Resources News

Infini Resources has launched Phase 2 diamond drilling at its Portland Creek Uranium Project and secured over A$15 million in funding, while strengthening its board with key appointments. The company advances exploration across multiple Canadian uranium projects, signaling a strategic push in high-grade uranium assets.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger of equals, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

James Bay Minerals reports promising high-grade gold-silver drill results at its Independence Gold Project in Nevada and announces a strategic acquisition of the Shafter Silver Project in Texas, backed by a $30 million capital raise.

Lunnon Metals has completed key de-risking at its Lady Herial gold deposit and executed a pivotal Ore Purchase Agreement with Gold Fields, securing a 70% share of future free cash flow. The company maintains a strong cash position while advancing multiple gold prospects and confirming nickel asset viability.

Meeka Metals reports exceptional underground gold grades exceeding 100 g/t at its Andy Well mine, accelerating development and production at the Murchison Gold Project.

Carnarvon Energy has made a significant A$86 million investment in Strike Energy, becoming its largest shareholder and gaining exposure to Western Australia’s growing gas market, while deferring Bedout drilling to early 2027 due to rig shortages.

Lindian Resources has taken a decisive step forward with a Final Investment Decision on its Kangankunde Rare Earths Project, underpinned by a $91.5 million institutional placement and a strategic partnership with Iluka Resources. The company is on track for production by late 2026, backed by expanded mining licenses and a new owner-operator mining model.

Finder Energy has locked in a significant funding agreement with TIMOR GAP, securing half of the KTJ Project’s development capex and upgrading its resource base, setting the stage for a Final Investment Decision by mid-2026.

Metals Australia Limited has reported a 3.3-fold increase in its Lac Carheil Graphite project resource, now totaling 50 million tonnes at 10.2% graphite content, while progressing key studies for a battery anode material plant in Quebec.

Golden Deeps Ltd has reported exceptional high-grade copper, silver, zinc, lead, and germanium assay results from its Central Otavi Project in Namibia, advancing exploration with a $3.54 million capital raise to fund upcoming drilling.

Agrimin Limited continues its strategic review of the Mackay Potash Project while initiating new geophysical surveys in Western Australia’s West Arunta region, alongside ongoing cost reductions and a stable cash position.

Coda Minerals has transformed its Elizabeth Creek Copper-Silver Project with a simplified flowsheet that significantly enhances recoveries and economics, supported by a $12.33 million capital raise. Drilling is underway as the company advances its pre-feasibility study.