Latest Resources News

Krakatoa Resources has kicked off its 2026 drilling campaign at the Zopkhito Project in Georgia, aiming to convert a significant foreign resource estimate into a JORC-compliant Mineral Resource Estimate while advancing early mine development studies.

Canyon Resources hits a key logistics milestone with locomotive delivery in Cameroon and prepares for trial mining at its Minim Martap bauxite project, targeting first shipments by year-end.

The Elmet Group has exercised its option to acquire 20 million shares in EQ Resources, lifting its stake to over 23.6 million shares and reinforcing a strategic partnership that aligns mining and manufacturing in the Western tungsten supply chain.

Genesis Minerals (ASX:GMD) reports robust drilling results at Laverton, underpinning plans to expand processing capacity and organic growth. The completion of the A$639 million Magnetic Resources acquisition adds 2.2Moz to resources, lifting total resources to 21.3Moz and reserves to 5.4Moz.

AngloGold Ashanti’s recent drilling on Matsa Resources’ Lake Carey tenement M39/599 has revealed a significant 2-kilometre gold mineralised trend with multiple high-grade intercepts, underscoring the prospect’s exploration potential.

Turnstone Resources has reported standout rock chip assays up to 31.6g/t gold and 12.9% copper at its Glava project in Sweden, alongside validation of historic drill core at Torsby West, reinforcing the potential for a sizeable copper-gold system.

Platina Resources has secured full ownership of the Sunrise Bore Project near Laverton, WA, and kicked off a 2,775-metre drilling program targeting a historically mineralised gold corridor.

Solstice Minerals has reported exceptional wide and high-grade copper-gold intercepts from its first diamond drill tail at Nanadie, confirming mineralisation extends more than 300m below the current resource boundary and indicating strong potential for resource expansion.

CZR Resources (ASX:CZR) has launched a recommended all-scrip takeover bid for Zuleika Gold (ASX:ZAG), valuing the company at $44.8 million and offering a significant premium to Zuleika shareholders.

Golding Contractors, a subsidiary of NRW Holdings, has secured two major contracts worth up to $195 million, underpinning its regional presence and boosting NRW's FY27 order book.

S2 Resources has secured key exploration licences covering 35 kilometres of the Karbah shear zone and plans to launch a 30,000-metre aircore drilling campaign starting July, targeting a major gold-bearing structure in Western Australia.

Chilwa Minerals has identified widespread rare earth element mineralisation in clays directly beneath its Mposa heavy mineral sands deposit in Malawi, revealing potential for a dual-commodity mining operation pending metallurgical test results.