Latest Resources News

Kaiser Reef Limited (ASX:KAU) delivered 5,534oz of gold across its Henty and Maldon operations in Q1 2026, grew its cash balance to A$45.6 million, and outlined plans to address production shortfalls at Henty while expanding capacity at Maldon.

Magnum Mining and Exploration Limited has initiated a large-scale auger drilling program at its Piracanjuba prospect within the Azimuth Rare Earth Element Project in Brazil, aiming to define an Exploration Target and a JORC Mineral Resource Estimate by late 2026.

Aurum Resources Limited has reported a 34% increase in the Mineral Resource Estimate at its Napié Gold Project in Côte d'Ivoire, raising the total resource to 1.16 million ounces of gold. This growth lifts Aurum’s combined group gold resources to 4.2 million ounces across its Côte d'Ivoire assets, supported by ongoing drilling and strong metallurgical recoveries.

Elixir Energy and APA Group have partnered to assess the optimal pipeline route for gas from the Lorelle pilot project to Queensland’s Wallumbilla Gas Hub, aiming to support future development decisions.

Zenith Minerals has reported deep diamond drilling results at its Red Mountain Gold Project in Queensland, confirming a vertically extensive mineralised system beyond 700 metres. The company plans a significant reverse circulation drilling program to test lateral and depth extensions, guided by new 3D geochemical modelling.

West Cobar Metals (ASX: WC1) is progressing its U.S.-focused critical minerals strategy by formally engaging with U.S. government funding programs and partnering with Washington D.C.-based advisor GreenMet. The company’s Australian projects contain key minerals aligned with U.S. supply chain priorities, while it evaluates potential U.S. acquisitions to expand its footprint.

Jindalee Lithium Limited's US subsidiary, HiTech Minerals, has signed a binding agreement with Constellation Acquisition Corp I to form US Elemental Inc., a NASDAQ-listed company holding the McDermitt Lithium Project. The transaction values the new entity at approximately US$571 million enterprise value, with Jindalee retaining majority ownership.

Monadelphous Group Limited has announced new and extended contracts worth approximately $145 million across key resource sector sites in Australia and Papua New Guinea, reinforcing its longstanding industry presence.

Predictive Discovery Limited (ASX: PDI) and Robex Resources Inc. (ASX: RXR, TSX-V: RBX) have outlined the detailed timetable for their merger, effective 15 April 2026, with Robex shareholders exchanging shares for Predictive Discovery shares at a fixed ratio.

Nagambie Resources has completed all conditions precedent following strong shareholder approval for an earn-in joint venture with Alkane Resources, enabling Alkane to acquire up to an 80% interest through staged funding over five years.

Nex Metals Explorations Ltd (ASX:NME) has amended its sale agreement of its 20% interest in the Arika joint venture, converting deferred shares into upfront shares and raising $2.5 million cash plus 70.8 million Arika shares. Shareholder approval is scheduled for May 2026 amid ASX regulatory requirements.

Patriot Resources Limited has secured a $500,000 share placement at a 28% premium and entered a 24-month marketing agreement with Next Investors to boost investor engagement for its Tassa Silver Project in Peru.