Latest Resources News

St Barbara has completed a major strategic transaction with Lingbao Gold Group, receiving A$389 million in cash and approving a US$333 million investment to expand the New Simberi Gold Project, setting the stage for a significant production boost.

KGL Resources has locked in a US$300 million streaming agreement with Wheaton Precious Metals, marking a pivotal step in funding the Jervois Copper Project in Australia's Northern Territory. This deal provides significant upfront capital without traditional debt constraints, positioning KGL for copper production growth.

Terra Metals has reported a significant breakthrough at its Southwest SW6 Prospect with the first 2026 diamond drill hole intercepting multiple massive sulfide zones, validating its geophysical targeting approach. Assay results are awaited to confirm the economic potential.

Tamboran Resources reports robust and stable gas production from its Shenandoah South 6H well, marking a key milestone ahead of planned gas sales in late 2026.

Grange Resources has released its 2025 Annual Mineral Resource and Ore Reserve Statement for its Savage River operation, reporting only minor declines due to mining depletion and ongoing refinement of underground plans.

MinRex Resources has received final court approval for its merger with Canadian explorer Electrum Discovery, setting the stage for a significant expansion beyond Australia. The deal is on track to complete in early April, promising to diversify MinRex’s portfolio with new projects in Serbia.

Many Peaks Minerals has reported significant high-grade gold intercepts from recent diamond drilling at its Ferké project in Côte d’Ivoire, advancing towards a maiden Mineral Resource Estimate planned for early 2026.

Buxton Resources has raised approximately A$3 million through a well-supported share placement, aiming to fast-track drilling and exploration across key Australian projects.

Felix Gold’s 2025 drilling at the NW Array prospect confirms extensive near-surface gold mineralisation alongside high-grade antimony, reinforcing its dual-commodity potential at Treasure Creek.

Savannah Goldfields has resumed gold processing at its Georgetown plant following maintenance, with ongoing production and plans to restart mining at Agate Creek pending environmental approval.

Yugo Metals has appointed Petar Tomašević as its permanent CEO, following his interim leadership that saw significant project milestones. His international experience and regional insight position the company for accelerated growth in Europe's strategic metals sector.

Solstice Minerals has raised A$32.6 million through a strongly supported placement to accelerate drilling and studies at its Nanadie Copper-Gold Project in Western Australia. The capital boost positions the company to expand its resource and advance feasibility work.