Latest Resources News

OZZ Resources has entered a binding option agreement with Scorpion Minerals to sell its Maguires Reward project, securing an initial $100,000 fee and potential $2.5 million consideration pending shareholder approval. Exploration activity remained subdued across its portfolio during the December quarter.

NH3 Clean Energy has marked significant progress in its WAH2 clean ammonia project, securing major offtake agreements and government facilitation support alongside a $4 million institutional funding round.

Red Hill Minerals has completed its inaugural diamond drilling campaign at the Broken Hill Project, revealing extensive lead-zinc-silver mineralisation, particularly at the Dementus Target, underscoring the project's Tier 1 potential.

Gibb River Diamonds reports completion of ore processing at Three Mile Hill and ongoing operations at Lakewood, recovering significant gold ounces and generating early revenue. Mining challenges at Neta Pit have impacted grades but are partly offset by increased tonnage and gold prices.

Marvel Gold Limited has initiated a comprehensive drone-borne magnetic survey over its Hanang Gold Project in Tanzania and entered a binding agreement to divest its Yanfolila Gold Project in Mali, signalling a strategic shift in its asset portfolio.

Sentinel Metals has uncovered detailed geological logs and core from six historical diamond drill holes at its Columbia Gold Project, providing fresh insights that are refining its maiden drilling plans set for March 2026.

BOA Resources has completed the issuance of securities tied to its $3.75 million placement after securing shareholder approval earlier this month.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

AMCIL Limited reported a 14.8% increase in half-year profit to $4.1 million, maintaining its interim dividend amid a portfolio return that lagged the ASX 200 benchmark.

Estrella Resources has kicked off bulk sample extraction at its Ira Miri manganese project in Timor-Leste, aiming to produce up to 30,000 tonnes of high-grade ore for appraisal and export. This milestone sets the stage for deeper geological insights and stronger international partnerships.

Hillgrove Resources met its 2025 copper production and cost guidance, boosted ore reserves by 43%, and outlined ambitious growth plans for 2026 including expanded mining at Nugent and Emily Star.

PTR Minerals reports exceptional heavy mineral assay results from 47 drill holes at its Rosewood Titanium Project, confirming thick, high-grade mineralisation and advancing metallurgical testing ahead of a maiden resource estimate due in Q2 2026.