Latest Resources News

Image Resources NL reports its Atlas mineral sands project has generated positive operating cash flow in its first quarter of operations, maintaining full-year guidance while advancing development studies for the Yandanooka project.

Meeka Metals has successfully poured first gold at its Murchison Gold Project, marking a key milestone achieved within nine months of construction start. The company is accelerating both open pit and underground mining operations, supported by expanded capital expenditure and strong drilling results.

Meeka Metals reported a robust cash position of $55.6 million at the end of June 2025, supported by strong financing inflows despite significant outflows on exploration and evaluation activities.

Encounter Resources has announced a significant maiden mineral resource at its Aileron Niobium-REE-Copper Project and regained full ownership of the Yeneena Copper Project, setting the stage for accelerated exploration and development.

Sayona Mining Limited has reported record lithium production and improved operational efficiency at its North American Lithium operation, positioning itself strongly ahead of a transformative merger with Piedmont Lithium.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit project through robust near-surface drilling results, a new toll milling agreement, and a $2.5 million funding facility, setting the stage for mining operations in early 2026.

NexGen Energy has released final 2024 and new 2025 assay results from its Patterson Corridor East exploration, confirming significant high-grade uranium mineralization expansion near its flagship Arrow deposit.

Vulcan Energy has marked significant milestones in its Phase One Lionheart Project, including drilling progress, a landmark heat supply deal, and a substantial lithium resource upgrade in Germany.

Alkane Resources reported steady gold production and cash flow for FY2025 at its Tomingley operations, while securing shareholder approval for a transformative merger with Mandalay Resources.

Carnavale Resources has reported a substantial 38% increase in its Kookynie Gold Project mineral resource, now totaling 117,000 ounces of gold, driven by new high-grade discoveries and expanded drilling results.

Ora Banda Mining has confirmed a high-grade, multi-lode gold system at its Little Gem prospect, expanding the known strike length beyond 1,000 metres with strong Phase 2 drilling results. A substantial Phase 3 drilling campaign is now underway to further delineate and extend this promising discovery.

Vulcan Energy Resources reported significant cash outflows in the June 2025 quarter driven by exploration and development, yet maintains a robust liquidity position with nearly €49 million in cash and a €10 million credit facility.