Latest Resources News

Wellnex Life reports encouraging early results from its turnaround strategy, posting a modest EBITDA profit and robust sales growth for its Pain Away brand.

Paterson Resources has wrapped up the first phase of its drilling campaign at the Grace Gold-Copper Project, setting the stage for a resource upgrade and scoping study in 2026.

Resources & Energy Group Limited has raised $2 million to fund drilling and production expansion at its East Menzies Gold Project, following a year of significant operational milestones.

Sierra Nevada Gold (ASX – SNX) has won the rights to explore the expansive As Safra copper-gold project in Saudi Arabia, marking a strategic expansion into a high-potential mining district aligned with the Kingdom’s Vision 2030 ambitions.

Australian Gold and Copper Ltd (AGC) has released an amended initial Mineral Resource Estimate for its Achilles deposit, reporting 38.5 million ounces silver-equivalent and confirming the deposit’s potential as a significant new mineral district in New South Wales.

E79 Gold Mines has initiated a high-resolution gravity survey at its newly acquired Cue Gold Project in Western Australia, aiming to reveal hidden gold structures and define drill targets for early 2026.

EV Resources reports exceptional antimony recovery at its Los Lirios project using a simplified gravity process, paving the way for a lower-cost, accelerated development timeline.

Gibb River Diamonds has begun trucking and processing operations at its Neta Gold Mine, securing 130,000 tonnes of ore for milling at two contracted facilities in Western Australia.

Koonenberry Gold has intersected visible gold in deep drill holes at its Enmore Gold Project, extending the known alteration zone and confirming a robust mineral system open at depth. The company is well funded and advancing a comprehensive drilling program to unlock further potential.

Gold Hydrogen Limited’s latest drilling at Ramsay 4 confirms significant natural hydrogen and helium formations, setting the stage for critical flow testing in early 2026 to assess commercial viability.

Aureka Limited has raised $3.6 million through a share placement to fund a second diamond drill rig and accelerate exploration at its Victorian gold projects, reflecting strong investor confidence following recent high-grade discoveries.

Viking Mines Ltd is set to acquire six tungsten projects in Nevada, including the historically productive Linka Project, supported by a $750,000 investment from American Tungsten Corp. This move positions Viking to tap into critical mineral demand amid soaring tungsten prices and geopolitical supply risks.