Latest Resources News

Northern Star Resources has revised its FY26 all-in sustaining cost guidance upward following a downgrade in production forecasts and rising royalties, signaling tighter margins ahead.

Pioneer Minerals has validated primary tungsten mineralisation at its Springfield Prospect in Idaho, revealing high-grade scheelite and gold assays that underpin a promising multi-phase mineral system. The project’s proximity to established processing infrastructure offers strategic advantages for future development.

Olympio Metals has reported a highly successful maiden drilling campaign at its Bousquet Gold Project in Quebec, revealing over 100 significant gold intercepts and confirming the presence of multiple gold deposits along a large east-west trending system.

Babylon Pump & Power has agreed to sell its non-core Ausblast business for $2.8 million, streamlining operations and boosting capital for its water management and rental services.

Auking Mining Limited reported a cash burn in its latest quarterly report but is moving ahead with a $1.5 million capital raising to fund key exploration projects.

AuKing Mining reports promising exploration results at Myoff Creek and steady progress at Koongie Park, while grappling with a failed Cloncurry acquisition and significant board changes.

Alice Queen Limited has addressed a recent doubling in its share price, attributing the surge to rising gold prices and ongoing project developments rather than undisclosed information.

Oakajee Corporation’s recent aircore drilling at Paynes Find has revealed a new gold mineralised shear zone with assays up to 925ppb Au, extending the project’s exploration potential beneath lake cover.

Unico Silver’s December quarter saw exceptional drill results at its Joaquin project and a $50 million capital raise, propelling the company into pre-feasibility studies and strengthening its development outlook.

Strategic Energy Resources has secured a major joint venture with Sumitomo Metal Mining Oceania to advance the Bulimba Gold Project in northeast Queensland, unlocking up to 90% ownership through staged exploration and feasibility milestones.

Koonenberry Gold Limited has accelerated its drilling activities at the Enmore Gold Project, reporting multiple visible gold zones and promising assay results that extend mineralisation. Concurrently, the company advances exploration across its Lachlan copper-gold portfolio, backed by a solid cash position.

Charger Metals NL is set to commence a significant 3,000-metre drilling program at its Lake Johnston Project, targeting high-grade gold and lithium mineralisation following recent promising results. The program aims to expand on the Xmas Gold Discovery and advance the Medcalf Spodumene Deposit.