Latest Resources News

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Warriedar Resources Limited (ASX, WA8) has moved closer to acquisition by Capricorn Metals Ltd (ASX, CMM) through a court-approved scheme offering Warriedar shareholders a significant premium. The transaction promises exposure to Capricorn's producing assets and diversification benefits.

Cromwell Property Group has announced the commencement of asset realisation and winding up of its Direct Property Fund, following a recent liquidity event. The process is designed to be gradual and is not expected to affect the company’s FY26 earnings or distribution guidance.

Nelson Resources confirms robust high-grade gold mineralisation at its Yarri Project through re-assay results, reinforcing earlier findings and hinting at broader mineralisation beyond known host rocks.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.

The National Court of Papua New Guinea has dismissed litigation brought by offshore-funded landowners against Bougainville Copper Limited, ordering indemnity costs in the company’s favor.

Pure Resources has completed the acquisition of the Garnet Hills garnet project in Western Australia, marking a significant step towards developing one of the world’s few hard-rock garnet mines.

Gold Road Resources has received Supreme Court approval for its Scheme, triggering a fully franked special dividend payable to shareholders in early October.

Gold Road Resources’ acquisition by Gold Fields has been legally approved, triggering a special dividend and final scheme payments to shareholders. Trading of Gold Road shares will be suspended as the deal moves to completion.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.

Enegex Limited has responded to ASX queries confirming the material impact of its acquisition of Famien Resources, related board changes, share consolidation, and a $5 million capital raising, while explaining the timing of disclosures and trading halt.

QMines Limited has raised $7.5 million through a strongly supported placement to accelerate exploration at its Mt Mackenzie, Mt Chalmers, and Develin Creek projects, positioning the company for growth in gold and base metals.