Latest Resources News

High-Tech Metals has pinpointed four priority gold targets at its Mt Eureka South Prospect through an integrated geophysical and geochemical survey, setting the stage for targeted follow-up drilling.

West Coast Silver has installed Serge Smolonogov as CEO, consolidating leadership to drive resource growth and project evaluation at its high-grade Elizabeth Hill silver project.

Latitude 66 has finalised the sale of its non-core Piastri Project to Capricorn Metals, converting the deal into approximately A$1.79 million in shares. Alongside a recent royalty portfolio sale, this boosts Latitude 66’s war chest with over A$5 million to fund core exploration in Finland and Western Australia.

Elixir Energy has secured a second data sharing agreement with QGC to acquire new 3D seismic data over key areas in the Taroom Trough, enhancing its geological understanding ahead of upcoming flow testing at Lorelle-3H.

Maverick Minerals Australia has completed its acquisition of a 90% interest in Lyza Mining, adding eight highly prospective tenements near its Viper Project in Western Australia’s West Arunta region. The deal includes share-based consideration and a joint venture structure with Rincon Resources.

Tungsten Mining has engaged Cutfield Freeman to lead debt financing efforts for its Watershed Tungsten Project, following a robust Preliminary Economic Evaluation and targeting a Final Investment Decision in September 2026.

Macmahon Holdings has locked in a $485 million, 42-month contract extension at the Telfer Gold Mine, expanding its mining services footprint in Western Australia and reinforcing a decade-long partnership with Greatland Resources.

Adore Beauty delivered record FY26 revenue of $207.3 million, driven by retail expansion and owned brands, while posting a statutory loss amid heavy investment. The Group targets 10%+ revenue growth and a sharp EBITDA increase in FY27 as its omni-channel strategy matures.

Stanmore Resources maintained steady coal production in the first half of 2026 while boosting earnings and completing a corporate debt refinancing that enhances financial flexibility.

Loyal Metals has completed the acquisition of the Highway Reward Copper-Gold Project, clearing a major hurdle ahead of its A$79 million takeover by PT Bumi Resources. With shareholder approval secured, the scheme awaits final court endorsement.

Broken Hill Mines (ASX: BHM) has confirmed a major new discovery of thick, high-grade silver, lead, and zinc mineralisation at its Centenary Zone, extending the resource strike length to 1,600m and significantly exceeding historical estimates.

Greenvale Energy is pushing forward with its strategic acquisition of uranium rights at Pine Creek, aiming to create a 2,500km² contiguous exploration footprint alongside Douglas River. A critical shareholder vote is set for August 24 to approve the deal.