Latest Resources News

Alliance Nickel has pushed out the maturity of its unsecured loans by a year to June 2027, increasing the interest rate from 12% to 13%. This move provides ongoing funding as the company advances strategic discussions around its NiWest nickel-cobalt project.

29Metals has reported strong drilling results from its 2026 program at Golden Grove, confirming high-grade copper, zinc, gold, and silver extensions at Oizon and Amity. Development at Oizon is progressing with first ore expected by year-end, underpinning mine flexibility and potential cost efficiencies.

StepChange Holdings expects FY26 revenue to exceed $55 million with normalised EBITDA of $5 million, driven by organic growth and the BroadReach acquisition. The company also strengthens its leadership by appointing Giuseppe Todesco as COO.

Minerals 260 Limited reports strong drilling results at its 4.5Moz Bullabulling Gold Project, confirming resource continuity and extensions at key deposits. These findings underpin an upcoming Mineral Resource Estimate update and support the Prefeasibility Study due next month.

Prospect Resources has reported robust metallurgical testwork results from the Kabikupa deposit within its Mumbezhi Copper Project, achieving copper concentrate grades exceeding 25% with recoveries above 94%. These findings bolster the project's processing strategy and underpin upcoming scoping studies.

Resolute Mining is set to receive A$77 million by the end of June 2026, marking full repayment of the Vendor Financing Promissory Note tied to its 2020 sale of the Ravenswood Gold Mine. This cash inflow bolsters the company’s financial flexibility as it advances its West African growth projects.

New Murchison Gold Limited (ASX:NMG) has boosted its Garden Gully Gold Project mineral resource by 47%, adding maiden resources for Lydia and Abbotts and lifting total contained gold to 359,000 ounces.

Ramelius Resources secures a key environmental nod from WA EPA, clearing the Roe Project to advance via a streamlined Part V approval process and setting the stage for early works in late 2026.

Augustus Minerals' latest assays from its March drilling at Music Well reveal consistent wide gold mineralisation with notable high-grade intervals, reinforcing the prospect's potential in a prolific WA gold belt.

Miramar Resources' detailed gravity survey at the Joy Helen prospect reveals untested anomalies beneath known high-grade copper-lead-silver mineralisation, prompting plans for deeper drilling following pending auger assay results.

Yandal Resources has reported encouraging initial diamond drilling results from its Flushing Meadows deposit, revealing primary gold mineralisation and opening new exploration avenues beyond the existing resource.

Pacgold has poured its second gold doré bar at White Dam and is fast-tracking plans to restart mining at Vertigo pit six months ahead of schedule.