Latest Resources News

Impact Minerals’ JV partner Kuniko has kicked off Phase 2 diamond drilling at the Commonwealth-Silica Hill Project in NSW, aiming to expand newly discovered high-grade gold-silver zones. The initial 1,300m program follows a 100% success rate in Phase 1 and sets the stage for a resource upgrade in late 2026.

Cobre Limited has secured A$90 million through a two-tranche placement to boost production and exploration at its Sierra Atacama copper mine while strengthening its balance sheet.

Renascor Resources' cost study estimates its hydrofluoric acid-free purification method can produce battery-grade graphite at about US$459 per tonne, positioning it as a competitive ex-China alternative to conventional HF-based processes.

Meteoric Resources has surged its Measured Resources by 246% to 128 million tonnes at its Caldeira Rare Earth Element Project in Brazil, significantly de-risking the upcoming Definitive Feasibility Study and underpinning future development plans.

Great Southern Mining (ASX:GSN) is pushing forward with aggressive drilling campaigns across its Western Australian and Queensland gold projects, supported by a recent $4.6 million equity placement. Early results hint at promising extensions of known mineralisation, setting the stage for further resource growth.

Right Resources Limited has raised A$2.7 million through a placement anchored by major shareholders, including directors, to fund drilling and exploration across its Tumbarumba and New England projects.

Heavy Rare Earths Limited has extended the known mineralised strike at its South Ridge Tin Project to 1.85km and secured all drilling approvals, enabling an expanded drilling campaign aimed at defining a maiden resource.

Oceana Metals has confirmed extensive high-grade rare earth mineralisation at its Serra Negra project in Brazil, with assays revealing grades over 4% TREO across thick intervals. A 20,000m diamond drill program is set to start soon, targeting a maiden resource estimate.

Resouro Strategic Metals is set to raise up to C$2 million through a non-brokered private placement to fund pre-feasibility studies and metallurgical work at its flagship Tiros project in Brazil, building on a recent robust preliminary economic assessment.

Golden Deeps is launching a deeper diamond drilling campaign at its Graceland Prospect in Namibia, targeting high-grade copper-silver-zinc-germanium sulphide zones identified by geophysical surveys beneath known gossans.

Unico Silver has secured permanent ownership of over 10,000 hectares critical to its Joaquin silver-gold project, replacing a limited mining easement and reducing development risk ahead of its Pre-Feasibility Study.

Titanium Sands Limited (ASX:TSL) has launched a fully underwritten offer of up to 242.7 million New Options to holders of its expired TSLOA Options, aiming to raise approximately $243,000 before expenses. The offer includes a substantial bonus component and options allocated to CPS Capital as fees for managing a $1.2 million loan.