Latest Resources News

Gold Mountain Limited has agreed to sell its Papua New Guinea exploration licences for $2 million, redirecting funds to advance its promising Brazilian projects and strengthen working capital.

Waratah Minerals has kicked off an ambitious 80,000-metre drilling program at its Spur Gold Project, aiming to expand known gold zones and uncover new high-grade deposits. The campaign marks a pivotal step in realising the project’s multi-million-ounce potential.

Kingston Resources reported a solid operating cash inflow of A$3 million for the December quarter, ending with nearly A$25 million in cash despite significant investing and financing outflows.

Cannindah Resources has pinpointed a promising high-grade copper-gold target in the under-drilled southern section of its Cannindah Breccia resource, with a new drilling campaign set to begin shortly.

Peel Mining has initiated a 9-hole drilling program at its Southern Nights Complex in NSW, targeting expansion of its significant silver-rich polymetallic resource. The campaign aims to unlock new high-grade zones and enhance geological insights within the South Cobar Project.

Kingston Resources reported a 14% increase in quarterly revenue to $18.1 million despite a geotechnical setback, while underground mining development gains momentum and resource estimates grow by 29%.

Greatland Resources reports robust December quarter drilling results at Telfer, advancing a record 240,000m FY26 program with standout high-grade intercepts at West Dome Underground and promising regional exploration progress.

Fortescue Metals Group has delivered a record first half FY26 iron ore shipment of 100.2 million tonnes, alongside key progress in decarbonisation and strategic copper acquisition.

Gateway Mining has announced a significant new gold discovery at its Haflinger target within the Yandal Gold Project, with drilling intersecting 52 metres at 1.4g/t gold, including a higher-grade 12-metre section at 3.1g/t. This extends a mineralised trend over 500 metres, highlighting a structurally complex and promising geological setting.

West Wits Mining has upsized its institutional placement to A$33.74 million, anchored by a $10 million strategic investment from Tribeca Investment Partners, fully funding the Qala Shallows project ahead of first gold pour in March 2026.

Pantoro Gold delivered a solid December quarter with strong gold production, robust EBITDA, and promising exploration results at its Norseman Gold Project.

Aruma Resources has executed binding agreements to acquire a majority interest in the Tillex Copper Project in Ontario, Canada, a high-grade copper-silver deposit with significant exploration potential. The company plans immediate exploration and resource development activities to unlock value in this strategically located asset.