Latest Resources News

DeSoto Resources significantly increased its exploration ground in Guinea's Siguiri Basin, adding 532km2 and identifying a 9km-long artisanal gold zone with assays up to 15.2g/t Au. The company maintains a robust cash position of A$11 million to support accelerated exploration.

Rox Resources reports strong underground progress and high-grade gold intercepts at Youanmi, reinforcing confidence in hitting production targets on schedule.

Ora Banda Mining’s latest drilling at Golden Pole within the Waihi Project has delivered multiple thick, high-grade gold intersections, validating the lode’s underground mining prospects and setting the stage for its debut in the upcoming June resource and reserve estimates.

Hiremii Limited has delivered its most profitable quarter yet, reporting record revenue and gross profit alongside its first positive adjusted EBITDA. The company also secured its first recurring SaaS contracts, marking a milestone in its shift towards a technology-driven workforce intelligence model.

Magnetic Resource NL has submitted an updated Mining Proposal for its Lady Julie Gold Project, incorporating a revised tailings strategy and enhanced technical studies, as it continues to engage with regulators ahead of development.

Xpedra Resources has reported promising initial assay results from its maiden drilling at the Springfield Gold Deposit, revealing significant shallow gold mineralisation and setting the stage for further exploration.

Cleanaway Waste Management has refreshed its long-term strategy, Blueprint 2030 2.0, focusing on leveraging scale, digitisation, and targeted growth to boost margins and cash flow. The plan builds on solid FY25 financial gains and aims for sustained EPS growth and operational efficiency.

Cosmo Metals is gearing up for a significant drilling campaign at its Kanowna Gold Project near Kalgoorlie, while systematic exploration at its NSW projects has revealed two high-priority copper-gold VMS targets. The company also bolstered its balance sheet with a $1.55 million entitlement offer to fund ongoing work.

Stanmore Resources defied a four-year low in metallurgical coal prices to deliver record saleable production and robust cash flow in 2025, while maintaining a strong safety record and advancing key development projects.

VHM Limited has ditched its Shenghe Resources offtake agreement to broaden market options and approved a direct jump to full-scale 5Mtpa development at its Goschen Rare Earths and Mineral Sands Project. Key regulatory approvals and a major drilling campaign underpin progress towards a mid-2026 Final Investment Decision and production slated for late 2027.

BPM Minerals has reported compelling high-grade gold assay results from maiden drilling at its Beachcomber Prospect and secured A$3.5 million in a strategic placement to fund an expanded 2026 exploration campaign across its Forelands Gold Project.

Melbana Energy is poised to resume 100% ownership of its Cuban Block 9 after its partner Sonangol defaulted on US$23.5 million in cash calls. Fresh seismic data and well results have refined reservoir understanding, derisking future drilling plans.