Latest Resources News

West Cobar Metals has kicked off metallurgical testing at its Salazar project targeting rare earth carbonate production and announced a new gallium resource, while gold exploration at Mystique confirms widespread mineralisation.

The Star Entertainment Group reported a 6% revenue increase to $301 million and a return to EBITDA profit in Q2 FY26, driven by stable Sydney trading, seasonal Gold Coast strength, and a key Brisbane operator fee. Strategic investments and refinancing efforts mark a pivotal phase for the company.

BOA Resources has secured a significant foothold in Western Australia’s Murchison Copper Belt with a 49% stake in the Neds Creek copper project, setting the stage for targeted drilling and exploration backed by a $3.75 million capital raise.

Livium Ltd has solidified its position in the clean energy recycling sector with new contracts, a key patent, and a $4.5 million capital raise, setting the stage for accelerated growth in lithium-ion battery and rare earth element recycling.

Kuniko Limited has advanced exploration at its Commonwealth Gold–Silver Project in NSW, completing key surveys and securing approvals ahead of a planned diamond drilling campaign in February 2026. Meanwhile, its Nordic battery metals portfolio remains strategically positioned for future development.

Locksley Resources has made significant strides at its Mojave Project, advancing drilling, securing major US institutional funding, and forging key partnerships to establish a domestic supply chain for critical antimony and rare earth elements.

Reach Resources has completed a significant drilling program at its Murchison South Gold Project and secured two new mining leases, setting the stage for enhanced resource confidence and potential open-pit development.

Vital Metals has raised A$12.47 million in the second half of 2025 to fund its Tardiff Pre-Feasibility Study, underpinning the development of its high-grade rare earths project in Canada. The strong investor backing follows a robust July 2025 Scoping Study highlighting significant economic potential.

VBX Limited has reported a significant 51% increase in its Wuudagu bauxite resource and enhanced its project feasibility study, supported by fresh funding and robust market conditions.

Evergold Minerals Limited advances its gold exploration with new tenement acquisitions and drilling approvals at key projects, while managing a tighter cash position heading into 2026.

Viking Mines has entered a binding agreement to acquire six high-grade tungsten projects in Nevada, backed by a strategic investment from American Tungsten Corp and a $4.29 million capital raise. The acquisition marks a significant expansion into the critical US tungsten market amid rising global demand.

Celsius Resources has delivered a robust Definitive Feasibility Study for its Maalinao-Caigutan-Biyog Copper-Gold Project, confirming a 35-year mine life and strong economic returns. The company is actively progressing funding arrangements amid growing investor interest.