Latest Resources News

Evolution Energy Minerals (ASX:EV1) is set to launch its maiden drilling campaign at Tanzania's Chikundo Copper Project, targeting multiple high-confidence copper anomalies defined by recent soil sampling and historical data.

Meridian Energy's May 2026 report reveals robust hydro storage reaching 125% of historical average by early June, despite a record dry month. Retail sales volumes jumped 7.8% year-on-year, while average generation prices plunged over 60%.

Surefire Resources has reported new on-surface float rock gold assays up to 13.19 g/t from its Yidby Loot Prospect in Western Australia, following an amended JORC table submission. The discovery highlights significant gold mineralisation hosted in Albitite rock over a 165m strike length.

Horizon Oil has lifted all but one condition from its off-market bid for Cue Energy, maintaining a controlling 52.46% stake while the final hurdle over prescribed occurrences remains unresolved.

Hartshead Resources NL’s takeover by ACAM GP Limited clears its final legal hurdle, triggering suspension of Hartshead shares and setting key dates for shareholder payouts.

Nova Minerals' US holding company shares and warrants are slated to begin trading on NYSE American on 17 June 2026, with ASX trading of CHESS Depositary Interests following on 18 June, marking a key step in the company’s US redomiciliation.

Far Northern Resources has increased the Mineral Resource Estimate at its Bridge Creek Central Gold Deposit by 31%, lifting contained gold ounces to 93,000 and total Northern Territory project ounces to 117,000. The resource remains open for expansion, underpinning plans for early mining studies.

Mt Malcolm Mines has successfully closed a $1.04 million rights issue, securing capital to advance a processing plant feasibility study and exploration at its Malcolm Gold Project in Western Australia.

Great Northern Minerals has unveiled a maiden Inferred Mineral Resource Estimate at its Iron Butte Gold-Silver Project in Nevada, quantifying 480,000 ounces of gold and 11.5 million ounces of silver. The deposit remains open for expansion, with drilling planned for Q3 2026 backed by $3.9 million in cash.

Woodside Energy has exercised its pre-emption right to acquire PetroChina's 10.67% interest in the Browse Joint Venture, increasing its stake to 41.27%. The deal includes a $225 million upfront payment and a $175 million contingent payment tied to a final investment decision by 2032.

White Cliff Minerals finalises sale of Great Bear Project, receiving A$1.2 million cash and 230 million Great Bear Exploration shares while retaining near 10% stake.

Solstice Minerals has pushed the known limits of its Nanadie Copper-Gold Project with Phase 2 drilling confirming mineralisation 160m beyond the 2022 resource boundary and over a 1.2km strike length. The ongoing campaign includes diamond tails probing depth extensions, with assays pending to quantify promising visual sulphide zones.