Latest Resources News

Greenwing Resources has significantly enhanced the economics of its Que River Project following a sharp rise in key metal prices, nearly doubling projected cash flows and advancing a two-stage development plan.

Bass Oil has received a $3.5 million grant from the South Australian Government to fund pipeline construction for its Kiwi liquids rich gas project in the Cooper Basin, marking a key step towards production by 2028.

EV Resources has revealed exceptional high-grade antimony results from channel sampling at its Los Lirios Project in Mexico, with assays reaching 30.2% Sb. A maiden diamond drilling program is underway to explore the extent of this promising mineralisation.

Red Mountain Mining is making significant strides in its US critical minerals portfolio, reporting strong antimony assay results and gearing up for extensive exploration programs. The company’s projects align closely with US and Australian government initiatives to secure domestic critical metal supplies.

European Resources Limited has reported its strongest rare earth drilling results yet at the Korsnäs project in Finland, revealing a significant neodymium-praseodymium enriched zone and confirming the effectiveness of passive seismic targeting.

Viking Mines has completed digitisation of historical drilling data at its Linka tungsten project in Nevada, revealing promising high-grade, shallow mineralisation at the Conquest area. The company is fast-tracking a maiden drilling program aimed at early production to meet growing US defence supply needs amid rising tungsten prices.

Argent Minerals has confirmed visible gold at its Kempfield and Trunkey Creek projects in New South Wales, highlighting promising high-grade gold shoots and expanding exploration potential. The company plans systematic drilling to further define these multi-metal deposits.

Catalina Resources has divested its Nelson Bay River iron ore project and secured a capital injection from Newcam Metals at a significant premium, bolstering its financial position for future exploration.

Ballymore Resources is progressing development at its high-grade Dittmer Gold Project with significant portal expansion, a 3,000-metre drilling program planned for Q2 2026, and trial mining of historic backfill and remnant pillars within a granted mining lease.

OncoSil Medical has reported record dose sales and cash receipts in the first half of FY26, supported by encouraging clinical trial results and expanded European market penetration.

Anax Metals has released an updated Definitive Feasibility Study for its Whim Creek Copper Project, confirming robust economics with a pre-tax NPV of A$501 million and an IRR of 98%, underpinned by a 10-year mine life and rapid payback.

MC Mining reports steady progress at its Makhado steelmaking coal project in South Africa alongside a significant increase in Kinetic Development Group's shareholding to 44%. The company maintains its production targets for 2026 amid strong safety and environmental records.