Latest Resources News

GBM Resources has regained 100% ownership of the Mt Coolon Gold Project after Newmont's exit, consolidating its position in Queensland's Drummond Basin with a substantial gold resource and promising exploration targets.

Ballard Mining has announced a promising new gold discovery at its Neptune Prospect within the Mt Ida Gold Project, revealing mineralisation akin to its Baldock Deposit. This breakthrough extends the exploration potential along the 13km Ballard Fault, marking a significant milestone in the company’s regional drilling campaign.

Invictus Energy has extended its Exclusive Prospecting Orders in Zimbabwe’s Cabora Bassa Basin for another three years, setting the stage for a high-impact exploration campaign including the Musuma-1 well targeting substantial gas and condensate resources.

Infini Resources has initiated its Phase 2 diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting multiple high-grade uranium anomalies within a 6-kilometre corridor. The company aims to refine its exploration model and potentially unlock a significant uranium discovery.

Moho Resources has expanded a high-grade gold vein at its Bush Chook Project in Western Australia to over 130 meters, accelerating its exploration with new technology and historic data integration.

Infini Resources Limited has launched a A$3 million flow-through share offer targeting its Canadian uranium projects, aiming to advance exploration amid regulatory and financing challenges.

St Barbara Limited has withdrawn its Supreme Court appeal over reclamation conditions at the Touquoy Mine, citing improved regulatory cooperation in Nova Scotia, and is now investigating reopening the mine to process 3.1 million tonnes of low and medium grade gold stockpiles.

Gold Road Resources has lowered its 2025 gold production guidance and raised cost estimates following operational setbacks at the Gruyere joint venture mine.

An independent study confirms Condor Energy’s Piedra Redonda gas field offshore Peru offers multiple viable pathways to early monetisation and long-term growth, positioning it as a strategic regional energy asset.

Hammer Metals has reported promising high-grade gold assays from its Bronzewing South Project near the historic Bronzewing Mine, signalling potential for a significant new gold discovery in Western Australia.

St Barbara Limited reveals strategic progress on its Simberi Sulphide Expansion and Atlantic Projects, underpinning a robust production outlook and advancing key regulatory approvals.

Vault Minerals reports a 31% increase in gold Ore Reserves to 4 million ounces and a 3% rise in Mineral Resources to 12.2 million ounces as of June 2025, driven by strong growth at Leonora, Sugar Zone, and Mount Monger.