Latest Resources News

AXP Energy has struck a farm-in deal to earn a 25% interest in Block 9, a prolific onshore Syrian oil and gas contract with substantial historical prospective resources, positioning the company amid a reopening Middle East energy market.

Theta Gold Mines has issued US$90 million in senior secured bonds, securing crucial funding held in escrow to progress its TGME Gold Project in South Africa, aiming for first gold production in early 2027.

Tesoro Gold’s latest infill drilling at the Ternera deposit confirms strong continuity and grade, setting the stage for a maiden Ore Reserve. The company now pivots to a 12,000m discovery campaign along its extensive El Zorro gold corridor in Chile.

White Cliff Minerals has kicked off diamond drilling at its Rae Copper Project in Nunavut, targeting extensions of a 1.7km high-grade sediment-hosted copper system identified in 2025. The 2026 campaign aims to test deeper and strike extensions guided by geophysical surveys, underpinning the project's district-scale potential.

IperionX has acquired Covia’s Camden mineral assets adjacent to its Titan Project, consolidating a key U.S. critical minerals province and enhancing its supply chain for heavy rare earths and titanium.

Native Mineral Resources Holdings Limited produced nearly 398 ounces of gold doré in its latest Blackjack smelt, with mining and processing activities progressing on schedule and larger campaigns expected next month.

Power Minerals has kicked off its first diamond drilling campaign at the Morro do Ferro Rare Earths Project in Brazil, aiming to expand high-grade rare earth mineralisation and underpin future resource estimates.

Hazer Group has locked in a binding MOU with South Australia's Hallett Group to integrate its graphite into low-emissions concrete, reinforcing its regional decarbonisation foothold.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Gold Mountain Limited has reported additional high-grade rare earth mineralisation at its Ayrton Senna Prospect within the Down Under Project in Brazil, with assay results highlighting shallow mineralisation open at depth and strong magnet rare earth oxide ratios.

Ballard Mining has unveiled a new high-grade gold discovery at its Pluto prospect near Baldock, alongside extensions at Ayla, Neptune, and Golden Vale deposits, reinforcing its resource growth strategy at Mt Ida.

Caravel Minerals secures an additional $15 million royalty funding from Regal Resources, doubling the funder's investment to $30 million and extending an existing loan facility to 2028.