Latest Resources News

Genmin Limited has completed a A$25.7 million placement, cleared its debt, and made significant strides in financing its Baniaka iron ore project in Gabon, including a strategic partnership with Chinese SOE SHICO.

Pacgold has completed its acquisition of the White Dam Gold Operation, initiating heap leach irrigation and a major drilling program to fast-track gold production and resource upgrades. Concurrently, promising exploration results at Alice River and St George projects underpin a robust growth outlook.

Encounter Resources has reported robust December quarter results, highlighting significant high-grade niobium and rare earth element discoveries at its Aileron Project, alongside promising copper anomalies in Western Australia’s Paterson Province. A $25 million placement aims to accelerate exploration and development.

Sun Silver Limited has reported a substantial 59 million ounce silver equivalent increase in its Maverick Springs mineral resource, now totalling 539Moz AgEq, alongside commencing U.S. OTCQX trading and appointing a strategic advisor to boost U.S. government engagement.

Middle Island Resources has completed a strategic acquisition in Serbia, backed by a $3.4 million capital raise, and reported promising high-grade drilling results at its Bobija Project, signalling a significant step forward in its exploration ambitions.

Parkway Corporate Limited reported steady revenues of $3.64 million for Q2 FY26 and breakeven EBITDA, while progressing its flagship Queensland Brine Management Complex project with a secured site and lodged development application.

Thor Energy wraps up 2025 with strategic shifts towards natural hydrogen and helium exploration, divesting non-core assets while strengthening its copper-gold exposure in South Australia.

Metals Australia Limited has reported a significant expansion of its Lac Carheil graphite resource and advanced engineering designs for both upstream and downstream battery material projects in Quebec, alongside promising drilling results in Australia.

Miramar Resources has secured an additional $1.1 million in investor commitments for its Tranche 2 placement, signalling sustained market confidence ahead of a shareholder vote in March 2026.

Xpedra Resources has completed the acquisition of the Springfield Gold Deposit in NSW, a project with significant historical high-grade gold mineralisation, and is poised to begin its maiden drilling program in February 2026. The company also advanced exploration at its Rockvale Gold-Antimony Project and strengthened its board and balance sheet.

Coda Minerals secured $12.33 million in capital to advance a major drilling campaign and pre-feasibility study at its Elizabeth Creek copper-silver project, maintaining a strong cash position as commodity prices surge.

CGN Resources has expanded its foothold in Western Australia's Leonora gold district with new tenement grants and land access agreements, setting the stage for a robust 2026 exploration campaign.