Latest Resources News

Assetora Limited has resolved a recent receivership by fully settling its outstanding debt, bringing external administration to a close within a day.

Robex Resources and Predictive Discovery have amended their arrangement agreement, reducing the exchange ratio and delaying the shareholder meeting to late December. Major shareholders have recommitted to support the deal, which awaits court approval.

Triangle Energy has launched legal proceedings against Echelon Energy's subsidiary over a $3.84 million cost dispute tied to a farm-in agreement in the Perth Basin. The move follows failed negotiations after Echelon's withdrawal from drilling obligations.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Perseus Mining has terminated its binding offer to acquire Predictive Discovery after Robex Resources exercised its matching right, nullifying Perseus's proposal as the superior bid.

New Murchison Gold Limited has released its 2025 Mineral Resources and Ore Reserves update for the Crown Prince Gold Mine, reflecting initial mining depletion and confirming the project’s economic viability. The company is now focusing on underground potential and near-mine exploration.

Superior Resources has raised $1.75 million to fund a major drilling campaign aimed at expanding its gold resource and advancing feasibility studies for near-term production at its Greenvale Project in northern Queensland.

Peregrine Gold Limited has expanded its Rocklea Gold Project footprint in Western Australia's Pilbara region through the acquisition of a promising new tenement application, setting the stage for intensified exploration in 2026.

Capella Minerals has commenced its first diamond drilling program at the Killerö gold-copper project in northern Finland, marking a significant step forward in Cullen Resources’ Northern Finland joint venture. The initial drilling aims to test high-potential anomalies within the Central Lapland Greenstone Belt.

Winsome Resources Limited’s shares have been suspended from ASX trading following the company’s failure to respond to a critical price query within the requested timeframe. The suspension will remain until compliance issues are resolved.

Canadian Phosphate Limited has raised A$2 million to advance its sedimentary phosphate projects in Canada, targeting fertilizer and battery material markets with new drilling and technology partnerships.

Magnum Mining has entered a binding agreement to acquire the Wet Mountains Rare Earth Element Project in Colorado, featuring exceptional historic surface assays up to 7.99% total rare earth elements. The acquisition marks a strategic step into the US critical minerals sector with significant exploration upside.