Latest Resources News

Anson Resources has raised A$14 million through a well-supported placement to advance its lithium and uranium projects in Utah, signaling strong investor confidence in its development strategy.

Mt Malcolm Mines has successfully closed an oversubscribed $2.3 million rights issue and secured an additional $750,000 placement, positioning the company to fast-track exploration and development at its Malcolm Gold Project.

Black Bear Minerals has completed the acquisition of the high-grade Shafter Silver Project in Texas, including $150 million in existing infrastructure, positioning itself strategically amid rising silver demand and geopolitical supply shifts.

Bindi Metals Limited has announced a non-renounceable entitlement offer of options to raise approximately $46,000, underwritten by CPS Capital Group. The offer includes 46 million options to shareholders and 5 million options to the lead manager, with potential dilution if exercised.

Iron Road Ltd's recent surface sampling at the Irria Prospect reveals promising concentrations of valuable heavy minerals, including titanium and zircon, paving the way for a targeted drilling campaign starting December 2025.

Adelong Gold Limited reports visible gold in its second diamond drill hole at the Lauriston Gold-Antimony Project, with assays pending and a third hole underway to explore a promising structural corridor.

Horizon Minerals reports strong progress at its Phillips Find and Boorara gold projects, with significant ore stockpiles and new processing agreements set to boost cash flow despite short-term delays.

VBX Limited reports consistent assay results from 129 infill drill holes at the Wuudagu B bauxite deposit, reinforcing its 2016 resource estimate and paving the way for inclusion in the upcoming definitive feasibility study. The deposit’s proximity to Guy Point offers potential cost savings in haul road construction.

Challenger Gold has secured a 24-month mining contract with MAPAL for its Hualilán Toll Milling phase, with mobilisation complete and production drilling underway. The project is on track to commence mining by December 1, aiming to generate early cash flow amid strong gold prices.

Patriot Resources has secured an 80% interest in two key exploration licences in Zambia’s Mumbwa district, strengthening its foothold in a promising copper region without additional cash outlay.

Infini Resources has expanded its drilling program at the Portland Creek Uranium Project, revealing multiple uranium-bearing zones across a broad corridor. Early results suggest a large, district-scale uranium system with promising polymetallic potential.

xReality Group Limited reported a robust 36% revenue increase in FY25, driven by rapid expansion of its Operator XR platform and strategic balance sheet improvements. The company’s optimistic outlook for FY26 is underpinned by new contracts, AI investments, and international distributor expansion.