Latest Resources News

Auric Mining has delivered a standout performance at its Munda Starter Pit, producing 46% more gold than budgeted and generating a net cash position of A$43.5 million. The results suggest a larger, higher-grade gold resource than previously estimated.

Desert Metals has launched a 2,000m aircore drilling campaign at its Tiogo gold prospect in Côte d’Ivoire, aiming to bridge a key gap between high-grade gold intercepts and unlock further potential along a major mineralised corridor.

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.

Black Horse Mining has reported exceptional high-grade gold results from its Mt Egerton project, including assays reaching 46.2 grams per tonne, extending known mineralisation vertically by 10 metres. The findings reinforce the potential for significant unmined gold lodes at shallow depths.

Podium Minerals has announced its maiden JORC-compliant Mineral Resource Estimate for the Range Well Nickel Project, reporting 2.63 million tonnes of contained nickel. The resource, adjacent to its flagship Parks Reef PGM Project, offers promising operational synergies and strategic growth opportunities.

Activeport Group’s GPU software partner Radian Arc has been acquired by Submer Technologies, creating a full-stack AI infrastructure powerhouse and unlocking fresh growth opportunities for Activeport.

McLaren Minerals has identified a vast 54-kilometre zircon-rich mineral sands system with promising rare earth element potential at its Barossa Project in South Australia’s Eucla Basin. Historical data and geological reinterpretation reveal multiple mineralised centres, setting the stage for further exploration.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

SQX Resources has addressed an ASX compliance query regarding director Bevan Tarratt’s trading during a closed period, confirming prior board approval and an administrative disclosure error.

ActivEX Limited has raised nearly $400,000 through a strategic placement of shares at a slight premium, locking in investor support with a 12-month escrow. The funds aim to fuel ongoing exploration efforts and bolster working capital.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Power Minerals has signed a non-binding Term Sheet with Summit Explore to jointly develop the Salta Lithium Project in Argentina, aiming to deploy cutting-edge direct lithium extraction technology across multiple salars.