Latest Resources News

Mach7 Technologies has been notified that the Veterans Health Administration will cease its NextGen PACS program, leading to a partial stop work order and cancellation of Phase 2 of the contract. Despite this, Mach7 remains focused on its broader commercial strategy.

Nordic Resources has expanded its Kopsa gold-copper project in Finland through an upsized drilling program, confirming significant new mineralised zones and securing over A$10 million in institutional funding.

Asara Resources has reported robust drilling results at its flagship Kada Gold Project in Guinea and initiated a major resource expansion campaign, alongside a strategic acquisition to broaden its regional footprint.

Dateline Resources has bolstered its financial position with a $35 million institutional placement, setting the stage for expanded drilling and a strategic transition to U.S. reporting standards at its Colosseum Gold-REE Project in California.

Cyprium Metals is advancing its brownfield restart of the Nifty Copper Complex in Western Australia, targeting mid-2026 copper cathode production with a low-capital, high-cash-flow approach. The company has secured $41 million through an institutional placement and entitlement offer to fund exploration and expansion.

Cyprium Metals has raised A$41 million through an oversubscribed equity placement and entitlement offer to accelerate exploration and production growth at its flagship Nifty Copper Complex and regional projects.

Global Uranium and Enrichment Limited has finalised the share and option scheme considerations for its acquisition by Snow Lake Resources, with directors backing the deal ahead of the upcoming shareholder vote.

European Resources Limited has accelerated its rare earths exploration and metallurgical programs in Finland, supported by a fully subscribed $1.6 million rights issue and a $546,750 placement. Key drilling and processing initiatives aim to unlock value amid rising global demand for critical minerals.

Marvel Gold Limited has pinpointed five high priority gold targets at its Hanang Project in Tanzania from initial drone magnetic survey data, setting the stage for a maiden drilling campaign in early 2026.

West Wits Mining has transitioned its Qala Shallows project from mobilisation to underground production, delivering first ore to surface and targeting its first gold pour in March 2026. The company has secured substantial funding to support this milestone and future growth.

Western Mines Group has launched its 2026 exploration drilling campaign at the Mulga Tank nickel project, backed by recent capital raises and government grants. The program aims to expand and confirm high-grade nickel sulphide resources in Western Australia’s Eastern Goldfields.

King River Resources advances exploration with new drill and soil sampling results at Tennant Creek, revealing promising IOCG-style mineralisation corridors and appointing a new Managing Director.