Latest Resources News

Westgold Resources has approved a $145 million expansion of its Higginsville Processing Hub, increasing capacity by 62.5% and aiming to lift Southern Goldfields production by 60,000 ounces annually while cutting processing costs by nearly a quarter.

Galilee Energy has confirmed the Zydeco-1 well is drill-ready following enhanced 3D seismic analysis, aiming to tap up to 8 billion cubic feet of gas and 0.5 million barrels of condensate in Louisiana with spudding planned for the second quarter of 2026.

Buxton Resources has secured all necessary permits and funding to launch its inaugural drilling campaign at the Madman copper-gold project in Western Australia, targeting a promising Havieron-style magnetic anomaly.

Queste Communications Ltd reported a positive net cash flow from operating activities for February 2026, supported by a robust cash balance and stable financing arrangements. The company’s consolidated position, including its majority stake in Orion Equities, underscores its solid liquidity outlook.

Novo Resources Corp. has issued a prospectus offering free New Options to recent placement participants and joint lead managers, aiming to support its exploration projects in Western Australia and Victoria. The options, exercisable at A$0.15 and expiring in three years, could raise significant capital upon exercise, subject to shareholder approval.

Caprice Resources has raised $12.74 million in a strongly supported placement to accelerate exploration drilling across its Murchison Gold Projects, positioning the company for a busy period of assay results and new targets.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Polymetals Resources has begun mining high-grade silver ore at its Endeavor mine, revealing silver grades significantly above expectations and initiating a direct shipping ore trial to capitalise on newfound value.

Island Pharmaceuticals has partnered with the Burnet Institute to explore new antiviral applications for its lead drugs, targeting measles, chikungunya, and Ross River virus. This collaboration leverages existing data and government funding to enhance the company’s clinical pipeline without major capital outlay.

Toubani Resources has given the green light to its Kobada Gold Project in Mali, marking a significant milestone with construction now underway and first gold production targeted for late 2027.

Manuka Resources has officially ended its Care and Maintenance phase and is gearing up to restart gold and silver production in the second quarter of 2026. The company has secured its management team and begun ore movements, signalling a significant operational shift.

Star Minerals has obtained the crucial Native Vegetation Clearing Permit, completing all regulatory approvals to commence mining at the Tumblegum South Gold Project in Western Australia.