Latest Resources News

Whitehaven Coal reported a 28% revenue decline to $2.48 billion and a net profit of $69 million for H1 FY26 amid softer coal prices and reduced equity sales. The company declared a fully franked 4 cent interim dividend and outlined ongoing development projects despite market headwinds.

Sandfire Resources Limited has delivered a strong H1 FY26 performance with record sales revenue and a return to a net cash position, while advancing key projects including the Kalkaroo Copper-Gold earn-in agreement.

Australian United Investment Company Limited reported a 7% increase in half-year profit despite a slight revenue dip, maintaining its dividend and announcing a transformative merger with Diversified United Investment Limited.

Genesis Minerals has reported a remarkable fourfold increase in net profit after tax to A$238 million for the first half of FY26, driven by a 58% rise in gold production and robust margins. The company’s strong cash position and accelerated growth plans position it well for the year ahead.

Capricorn Metals has secured the Extension Hill and Mungada tenements adjacent to its Mt Gibson Gold Project, aiming to boost exploration potential in a prolific Western Australian gold belt.

Jameson Resources has marked significant progress in advancing its Crown Mountain steelmaking coal project, doubling its pre-tax NPV to US$942 million and moving closer to final environmental approvals and development permits expected by the end of 2026.

Elixir Energy reports promising hydrocarbon results from the Lorelle-3 pilot well in Queensland’s Taroom Trough, confirming multiple significant reservoirs and setting the stage for imminent horizontal drilling and flow testing.

Everest Metals Corporation’s latest aircore drilling results at the Revere Gold Project reveal continuous high-grade gold mineralisation along a 6 km reef system, setting the stage for a maiden resource estimate.

Regis Resources Limited has announced a fully franked ordinary dividend of AUD 0.15 per share for the six months ending December 2025, signalling steady returns for shareholders.

McLaren Minerals has kicked off a major drilling campaign at its McLaren Titanium Project aiming to upgrade resource classifications and expand its substantial 529 million tonne resource base. The program is a critical step toward advancing the project’s development and future feasibility studies.

Ramelius Resources has delivered its first ore from the Never Never deposit to the Mt Magnet plant, marking a key step in its growth strategy, while also closing out its FY27 gold hedge book to increase exposure to rising gold prices.

Elevra Lithium reported solid Q2 FY26 production and revenue results while progressing its North American Lithium brownfield expansion and forging strategic supply partnerships.