Latest Resources News

Stanmore Resources Limited posted a net loss of US$47.2 million for 2025, impacted by a 21% revenue decline due to lower coal prices despite record production and cost efficiencies. The company declared a fully franked final dividend of US 8.9 cents per share.

Osmond Resources has partnered with Técnicas Reunidas to establish the European Union’s first vertically integrated rare earth production facility, aiming to reduce reliance on imports and boost local supply chains.

Coronado Global Resources announces the resignation of CEO Douglas Thompson, triggering a leadership reshuffle including interim appointments and a shift in executive roles.

Brightstar Resources reports strong diamond drilling results at its Sandstone Hub, highlighting high-grade gold intercepts that underpin an imminent Mineral Resource upgrade and ongoing pre-feasibility studies.

Pacgold Limited reports strong initial assay results from its White Dam resource drilling, confirming high-grade gold and copper mineralisation consistent with existing models and supporting a resource upgrade. The company advances towards mine planning and production in 2026.

Norfolk Metals has confirmed the US$250,000 option payment for the Carmen Copper Project in Chile and completed the environmental impact report, setting the stage for further exploration and eventual ownership consolidation.

Critical Resources Limited has identified three priority targets at its Lammerlaw Gold Project in New Zealand, validating the area’s gold potential ahead of permit approval and outlining a cost-effective exploration strategy.

Finder Energy is accelerating development of its KTJ oil project in Timor-Leste, securing key infrastructure and funding partnerships to target first oil by the end of 2027. The company’s strategic moves include acquiring the Petrojarl I FPSO and a farmin agreement covering half the development costs.

Diablo Resources’ initial soil sampling at the Star Range Project in Utah reveals a significant silver-antimony anomaly extending over 1 km and remains open-ended, supported by high-grade rock samples. The company advances toward maiden drilling with geophysical data pending.

Aurum Resources has announced a significant 49% increase in Indicated Mineral Resources at its Boundiali Gold Project in Côte d'Ivoire, lifting the total resource to 3.03 million ounces and setting the stage for a pivotal Pre-Feasibility Study.

Adavale Resources has identified a compelling porphyry target at its Ashes Prospect through integrated geophysical data and expanded tenure near its Parkes Gold-Copper Project. The acquisition of adjacent licences also extends the London-Victoria gold corridor, unlocking fresh exploration opportunities.

Lefroy Exploration has achieved a major milestone with its first gold production from the Lucky Strike Gold Mine, shipping three gold doré bars to the Perth Mint. The initial toll milling campaign is progressing well, with further processing capacity negotiations underway.