Latest Resources News

Black Canyon Limited has upgraded the JORC classification of its KR2 manganese deposit to 90% Indicated, enhancing resource confidence and supporting improved mine planning for its Balfour Manganese Field project.

Spheria Emerging Companies Limited has announced its highest-ever quarterly dividend of 3.8 cents per share and revealed plans to transition to monthly dividends starting early next year, aiming to provide shareholders with more regular income.

Sarama Resources has completed the third tranche of its A$2.7 million equity placement, raising A$100,000 to advance exploration at its Cosmo Gold Project and support ongoing arbitration efforts.

Sultan Resources has increased its capital raising to $1.1 million through additional investor interest, with key approvals pending at the upcoming AGM. The funds aim to accelerate exploration at its promising projects in Namibia and Western Australia.

Besra Gold has disclosed a significant reduction in its Mineral Resource Estimate to 2.28 million ounces, addressing ASX concerns over recent unusual trading activity. Despite the downgrade, the company’s share price has risen sharply, leaving investors questioning the market dynamics.

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

Western Yilgarn has launched ground exploration at its Ida Holmes Junction and New Norcia projects, aiming to expand high-grade gallium mineralisation critical for semiconductor and green energy technologies.

Austral Resources Australia has locked in $40 million through a discounted share placement, setting the stage for its ASX reinstatement and ambitious expansion in Queensland's copper belt.

IDT Australia announces a strategic realignment focusing on profitability and operational efficiency, reporting strong revenue growth from its three core verticals and securing $3.4 million in new contracts for FY26.

Challenger Gold has secured critical drilling and explosives contracts and completed refurbishment of the Casposo Toll Milling plant, marking a pivotal step toward early gold production at its Hualilán project in Argentina.

Cauldron Energy’s recent passive seismic survey at the Yanrey Uranium Project has delineated extensive palaeochannel systems and sharpened high-priority drill targets, setting the stage for a focused exploration campaign.

Manuka Resources has raised A$15 million to accelerate production at its Wonawinta Silver Mine and fund exploration drilling at Mt Boppy and Pipeline Ridge in New South Wales.