Latest Resources News

ABx Group’s maiden mixed rare earth carbonate from Tasmania’s Deep Leads resource has been confirmed radiologically safe by ANSTO, with a second, higher-grade sample expected soon. The development could open doors to key international customers and reduce regulatory complexities.

Minbos Resources has locked in a US$16 million debt facility from South Africa’s IDC to fund the next phase of its Cabinda Phosphate Fertilizer Plant construction, marking a key milestone for the project’s development.

Patriot Resources has completed the acquisition of the Tassa Silver-Gold Project in Peru, unveiling a maiden inferred resource of 31.4 million ounces silver equivalent at impressive grades. The company plans an aggressive drilling campaign to unlock further growth potential.

BMG Resources has kicked off a significant 10,000-metre drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. This move supports an upcoming scoping study and advances the project towards near-term production.

Resolution Minerals has completed the acquisition of the Johnson Creek Tungsten & Antimony Mill and 2,000 tonnes of tungsten ore stockpiles near its Horse Heaven Project in Idaho, positioning itself to fast-track critical mineral production in the US.

Rincon Resources has successfully raised $3.1 million to fund an expanded drilling campaign at its promising Telfer South Gold-Copper Project, following the discovery of a significantly larger mineralised zone at the Hasties Prospect.

Echelon Resources has agreed to sell its 19.99% stake in Cue Energy to Horizon Oil and plans to accept Horizon’s takeover offer for the remaining shares, pending regulatory approvals.

Australasian Metals has lodged a new exploration permit application near its Mt Clermont and Capella projects, targeting multiple promising gold prospects in Central Queensland. The move builds on its existing inferred gold resources and aims to capitalise on strong gold market conditions.

Catalina Resources has reported a significant gold discovery at its Yerilgee Project in Western Australia, intersecting 48 metres at 2.61 grams per tonne from just 15 metres depth. This initial assay confirms a robust mineralised system with a high-grade core, setting the stage for further exploration.

Astron Limited has released updated Mineral Resource and Ore Reserve estimates for its Donald Project, highlighting increased production forecasts for critical heavy rare earth elements. The project remains shovel ready, backed by comprehensive feasibility studies and regulatory approvals.

Dreadnought Resources has agreed to acquire 12 tenements adjacent to its Mangaroon project, consolidating a significant rare earth mineralised strike and unlocking new potential for tungsten, copper, and gold in Western Australia.

Red Mountain Mining has reported outstanding high-grade antimony and anomalous gold assay results from its Thompson Falls Antimony Project on the Montana-Idaho border, signalling promising resource potential near the only operating US antimony smelter.