Latest Resources News

Fenix Resources has locked in exclusive 30-year mining rights over a 290 million tonne iron ore resource at the Weld Range Project, significantly extending its mine life and production capacity. This strategic partnership with Sinosteel Midwest and Baowu Steel Group positions Fenix for ambitious growth in Western Australia's Mid-West.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.

Anson Resources has submitted a permit application for a production-scale disposal well at its Green River Lithium Project, marking a key step toward full-scale lithium production in Utah. This well will support both demonstration and future operations, enhancing geological understanding and resource modeling.

Native Mineral Resources has released a JORC 2012-compliant update to its Granite Castle gold-silver resource, outlining 64,500 ounces of gold and 1.24 million ounces of silver. This milestone sets the stage for accelerated development near its existing Blackjack operations in Queensland.

Caspin Resources has announced a maiden inferred tin resource at its Bygoo Tin Project in NSW, revealing a high-grade deposit with significant upside potential. An extensive Exploration Target suggests the resource could more than double with further drilling.

Dynamic Metals has initiated a 13-hole RC drilling program at its Chalice South prospect, targeting gold anomalies identified through advanced 3D modelling along a historically productive corridor.

Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, targeting initial production rates of up to 40,000 barrels per day and 10 million barrels in the first 18 months. A strategic alliance with SLB is key to accelerating engineering and reducing project risks.

Yandal Resources has initiated a targeted reverse circulation drilling program at its Arrakis Prospect, aiming to validate and extend promising gold mineralisation identified by recent air-core drilling. Assay results are expected within weeks, potentially shaping the next phase of exploration.

Castle Minerals has acquired the remaining 10% of Mineralis Ltd, gaining 100% ownership and exclusive rights to explore seven gold permits in Côte d’Ivoire. This strategic move positions Castle to accelerate exploration in a highly prospective West African gold region backed by committed funding and leadership upgrades.

Genesis Minerals has more than doubled its FY26 exploration budget to A$40-50 million, driven by promising drilling results at its Leonora and Laverton gold assets. Recent assays reinforce the company’s strategy of organic growth supported by resource expansion near existing processing infrastructure.

RTG Mining’s 2025 drilling campaign at the Chanach Copper-Gold Project reveals multiple high-grade copper and gold intercepts beyond the existing resource base, underscoring the project’s significant expansion potential.

High-Tech Metals has secured a binding mining agreement with SSH Mining to advance the high-grade Wagtail Gold Deposit, enabling near-term production with minimal capital risk.