Latest Resources News

Sunshine Metals has identified seven promising volcanogenic massive sulphide targets at its Ravenswood Consolidated Project, highlighted by exceptional gold-in-soil grades reaching 8.45 g/t at Truncheon East. The findings, supported by a Queensland Government grant, set the stage for intensified exploration in 2026.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

Riversgold Limited has identified promising shallow gold mineralisation in a previously undrilled area at its Northern Zone Gold Project near Kalgoorlie, expanding the potential footprint ahead of planned mining in 2026.

Cogstate Ltd reports a near doubling in sales contracts for the first half of 2026 but warns of timing-related revenue deferrals that will temper short-term earnings. Despite this, management remains optimistic about medium- and long-term growth prospects.

Meteoric Resources has successfully produced its inaugural batch of Mixed Rare Earth Carbonate at its Caldeira Pilot Plant in Brazil, marking a significant milestone in its rare earths project development.

Ramelius Resources launches a substantial A$250 million share buyback program alongside a dividend increase, signaling confidence in its expanding gold production and cash flow profile.

Canterbury Resources has completed its 2025 drilling program at the Briggs copper deposit, revealing multiple zones of strong visual copper mineralisation that align with its geological model. Assay results are pending, with further drilling planned to support a Prefeasibility Study for a potential large-scale mine.

Litchfield Minerals has reported its widest copper-zinc intercept to date at the Oonagalabi Project, expanding the Main Zone and confirming a continuous mineralised corridor. The company is well funded to pursue an aggressive drilling and geophysical program in 2026 to further explore deeper intrusive targets.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Ramelius Resources has announced an on-market buy-back program targeting up to 73.9 million ordinary shares, signaling a strategic move to manage capital and potentially boost shareholder value.

Ampol Limited reports solid first-half 2025 results, highlights a strengthening refinery margin, and advances its strategic acquisition of EG Australia, aiming to reshape its retail footprint and cost base.

Strickland Metals has announced a maiden inferred mineral resource of 1.2 million ounces of gold at its Gradina Deposit in Serbia, boosting the Rogozna Project’s total resource to 8.6 million ounces gold equivalent. The deposit remains open for expansion, setting the stage for further growth in 2026.