Latest Resources News

Albion Resources has secured an option to acquire the Gidgee Gold Project in Western Australia’s prolific Gum Creek Greenstone Belt, unlocking significant exploration potential backed by strong historical drilling results.

Riversgold Limited has been granted a strategic tenement adjacent to its Northern Zone Gold Project near Kalgoorlie, setting the stage for imminent drilling and development alongside MEGA Resources.

Elixir Energy has reached a key milestone by drilling and casing the heel of its Lorelle-3H well in Queensland’s Taroom Trough, setting the stage for horizontal drilling aimed at unlocking commercial gas flow.

Gold Mountain Limited has reported significant new rare earth and gold anomalies at its Down Under Project in Brazil, boosting the prospectivity of this emerging mineral province. The latest stream sediment sampling results confirm extensions of known mineralisation and reveal new high-potential gold targets.

Red Hill Minerals has reported a robust half-year performance for FY26, driven by strong royalty revenue from the Onslow Iron Ore Project and ongoing exploration investments. The company declared an interim fully franked dividend of 11.6 cents per share.

Vysarn Limited has reported a record half-year financial performance for 1HFY26, with net profit before tax soaring 92% year-on-year. The company reaffirms its $20 million NPBT target for FY26, underpinned by strong growth across all business segments and strategic project progress.

Resouro Strategic Metals reports encouraging metallurgical testwork results and progress on the Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project in Brazil, highlighting potential for a globally significant operation.

Austral Resources Australia Ltd has swung from a $22.6 million loss in 2024 to an $11.9 million profit in 2025, driven by strategic asset sales and acquisitions. The company is now poised to accelerate copper production with a major capital raise and new mining leases.

Platformo Ltd reported a modest 5% revenue increase in 2025 driven by its Malaysian subsidiary Biztrak, but faced a higher net loss due to regulatory delays and increased corporate advisory costs.

Queste Communications Ltd (ASX:QUE) reported a modest company-level profit for H1 2025 but a consolidated loss driven by challenges in its associate investments, notably Bentley Capital Limited. The company’s financial performance remains closely tied to the share price movements of Strike Resources Limited.

Mustera Property Group reported a 45% revenue increase to $7.28 million for the half-year ending December 2025, driven by strong sales at its Forbes Residences project. Despite this growth, the company posted a net loss of $724,430, narrowing its deficit from the previous year as it advances its key North Fremantle development.

Vmoto Limited reported an 18% revenue decline to $46.8 million and a $9.9 million net loss in FY25, while accelerating its transformation into a full-stack electric mobility solutions provider with new global partnerships and product innovations.