Latest Resources News

Riedel Resources has contracted Energold Drilling Corp to undertake a 1,100m diamond drilling campaign at its Kingman Gold Project in Arizona, aiming to extend high-grade gold and silver mineralisation and support metallurgical testing.

Capricorn Metals Ltd has officially completed its acquisition of Warriedar Resources Limited through a court-approved scheme of arrangement, marking a significant consolidation in the gold mining sector.

Kincora Copper Limited has closed a C$4 million non-brokered financing and expanded its exploration portfolio with eight active projects, advancing drilling programs alongside major partners. The company reported a net loss of CAD 2.786 million for the nine months ended September 30, 2025.

Clara Resources has closed its entitlement offer, raising $366,000, with a significant shortfall now set for placement to sophisticated investors. The company aims to strengthen its capital base amid ongoing market challenges.

Acrow Limited reported a 4% rise in underlying net profit for FY25, driven by strategic acquisitions and a growing industrial access division now contributing half of group revenue. Despite some formwork delays, the company maintains a strong project pipeline and steady dividends.

Trigg Minerals has expanded its Tennessee Mountain Tungsten Project in Nevada by acquiring contiguous claims that consolidate a district-scale mineralised system, setting the stage for modern exploration and resource definition.

Pacgold has completed its maiden drilling at White Lion, intersecting promising gold mineralisation, while extending the Jerry Dodds lode strike to 1.8km, both discoveries supporting further exploration in 2026.

Vulcan Energy has appointed ABB as the main electrical contractor for its flagship Lionheart lithium project, marking a significant step towards financing and construction. The €46 million fixed-price contract covers comprehensive electrical infrastructure for a facility set to produce enough lithium for 500,000 electric vehicles annually.

Hamelin Gold has extended shallow gold mineralisation at its Fremlins South prospect to over 400 metres strike and identified a 500-metre mineralised trend at Jazz, with follow-up drilling planned for early 2026.

Alkane Resources reports a strong first quarter for FY2026, driven by its recent acquisition of Mandalay Resources, boosting gold equivalent production and revenue significantly.

Alkane Resources reports its Q1 FY2026 interim results, highlighting the integration of Mandalay Resources and key operational developments across its global mining portfolio.

Alkane Resources reported a strong Q1 FY2026 with $147 million in revenue and 30,511 gold equivalent ounces produced, bolstered by its recent merger with Mandalay Resources. The company’s balance sheet is solid with $191 million in cash and investments after repaying debt and covering merger costs.