Latest Resources News

Evolution Energy Minerals has issued a supplementary prospectus updating its Top Up Offer allocation policy to ensure compliance with takeover laws and prevent excessive shareholder control. The company clarifies that directors retain discretion over share allocations to balance fundraising goals with regulatory limits.

West Coast Silver’s recent aircore drilling at Elizabeth Hill has confirmed and extended high-grade silver mineralisation beyond historic mine areas, revealing promising near-surface targets and new base metal prospects.

Emerald Resources NL reported a 23% rise in half-year profit to $73.1 million, underpinned by solid gold production at its Okvau Gold Mine and significant progress across its Cambodian and Australian projects.

Alicanto Minerals is launching an extensive 50,000-metre drilling campaign at its newly acquired Mt Henry Gold Project in Western Australia, aiming to expand and upgrade its existing 0.9 million ounce gold resource.

Sarytogan Graphite Limited has secured a crucial 27-year water licence for its Kazakhstan graphite project, marking a significant step in de-risking development. This approval complements prior permits and supports the upcoming feasibility study.

Coronado Global Resources reported a $432.1 million net loss for FY2025, impacted by a 22% revenue decline due to softer metallurgical coal markets and logistical challenges. Despite operational gains and cost cuts, the company strengthened liquidity through refinancing and support from Stanwell.

Nordic Resources has reported promising assay results from six new drill holes at its Kopsa gold-copper project in Finland, revealing significant mineralisation beyond current resource limits. The findings set the stage for an expanded resource update following further drilling planned for 2026.

Dreadnought Resources has identified seven large-scale gold prospects at its Mangaroon Gold Project in Western Australia, setting the stage for drilling campaigns in the second half of 2026. Early soil sampling reveals extensive gold anomalies, signalling promising exploration upside.

Recharge Metals Limited has launched a pro-rata entitlement issue to raise $2.06 million, alongside a $3.97 million placement and a strategic acquisition of the Sunset Well Project in Western Australia. The capital raising aims to fund exploration and working capital, but shareholders face significant dilution and funding risks.

BPM Minerals has responded to ASX scrutiny over the timing and materiality of its Bonnie & Clyde tenement grant announcement and related capital raising, confirming adherence to continuous disclosure rules.

Havilah Resources has secured a $31.5 million cash payment and $15 million in exploration funding from Sandfire Resources, accelerating plans for drilling and development around the Kalkaroo copper-gold deposit in South Australia.

Beacon Minerals has kicked off its first-ever drilling campaign at the Lady Ida - Lizard Project, aiming to define a maiden resource in the coming quarter. The program targets promising mineralisation with potential for significant extensions.