Latest Resources News

Kalamazoo Resources has initiated a $2 million underwritten Share Purchase Plan, offering eligible shareholders shares at a 16.4% discount to recent prices. The offer aims to fund exploration and development activities across its Victorian and Western Australian projects.

Mesoblast Limited reports a 60% jump in Ryoncil sales for the December quarter, underpinned by a new $125 million financing facility that strengthens its balance sheet and strategic flexibility.

Celsius Resources has appointed Grant Samuel as financial adviser to finalise funding for its Maalinao-Caigutan-Biyog copper-gold project in the Philippines, signalling strong international interest and a critical phase ahead.

QGold Pty Ltd has raised its takeover offer for Venus Metals Corporation shares to $0.21 and extended the offer period to 30 January 2026, signalling a firm final bid in the ongoing acquisition attempt.

Auravelle Metals has reported significant high-grade gold intersections at its Sheoak Prospect in South Australia, with mineralisation extending over 600 metres and remaining open. The company plans multiple follow-up drilling programs in 2026 to expand these promising results.

Patagonia Lithium has entered a strategic partnership with Ameerex Corporation, aiming to bolster investment and development in its Formentera lithium project and Brazilian rare earth ventures.

Iltani Resources reports exceptional silver-indium assay results from its Orient Project’s Link Zone in Queensland, confirming potential to connect key mineral resources. Backed by a fresh $8 million investment, the company plans an aggressive drilling program to expand and upgrade its resource base in 2026.

WA1 Resources has reported exceptional high-grade niobium drill results from its Luni Niobium Project, extending mineralisation and setting the stage for an updated resource estimate in 2026.

Lunnon Metals has reported significant gold intercepts at its Paringa West prospect, confirming a promising new geological structure within the prolific St Ives gold camp. The results bolster the company’s exploration ambitions in Western Australia’s renowned Foster-Baker Project.

Alkane Resources delivered a robust December quarter with 43,663 ounces of gold equivalent production and a significant increase in cash and bullion holdings to A$246 million. The company maintains its FY2026 production guidance amid ongoing exploration and development.

Northern Star Resources has confirmed a downgrade to its FY26 gold production guidance following operational challenges, including a primary crusher failure and processing issues at key sites. The company affirms compliance with ASX disclosure rules and outlines the timeline of its awareness and announcements.

NuEnergy Gas Limited has inked a fully funded collaboration with PT Beijing Energy Linking to scale its Tanjung Enim coalbed methane project from early sales to a major 25 MMSCFD production plateau.