Latest Resources News

Stanmore Resources has reported a robust recovery in its June quarter operations with increased coal production, zero serious safety incidents, and positive cash flow, despite challenging weather conditions. The company maintains its full-year production guidance, signaling resilience amid market uncertainties.

Develop Global Limited has marked a pivotal quarter with initial concentrate shipments from its Woodlawn Copper-Zinc Mine, the commencement of earthworks at Sulphur Springs, and a substantial A$180 million capital raise to fuel an aggressive growth strategy.

Mt Malcolm Mines has initiated a significant 2,000-metre drilling campaign at its Sunday Picnic Prospect, aiming to refine gold resource estimates and advance mining lease consolidation in Western Australia’s Eastern Goldfields.

Sunrise Energy Metals has revealed fresh assay results from its latest drilling campaign at the Syerston scandium deposit, confirming expanded zones of high-grade mineralisation. These findings bolster the company’s resource base ahead of an updated feasibility study.

Infini Resources has refined its exploration model at Portland Creek, identifying twelve priority drill targets linked to East-West fault systems. A flexible Phase 2 drilling program is set to commence in Q3 2025 to test for high-grade uranium mineralisation.

Vysarn Limited has delivered record financial results for FY25, driven by strong demand across its water services segments and successful integration of key acquisitions. The company is poised for further growth in FY26, expanding its national footprint and advancing strategic projects.

Zenith Minerals reports a landmark quarter with a 41% increase in gold resources at Dulcie Far North, a strategic land acquisition, and a successful A$3.5 million entitlement offer to accelerate exploration.

Bubalus Resources has completed maiden drilling at its Bubalus South gold-antimony project and is gearing up for further drilling at Crosbie North and Avon Plains, supported by a strong cash position of AUD 3.25 million.

Many Peaks Minerals confirms a broad gold mineralised corridor over 9km at its Ferké Gold Project in Côte d’Ivoire, prompting an expanded drilling campaign and new exploration targets.

Carnegie Clean Energy has signed a pivotal Memorandum of Understanding with BiMEP to develop a 6MW wave energy array in Spain’s Basque Country, marking a significant step in commercialising its CETO technology.

Carawine Resources advances exploration planning at Paterson and other projects while facing a pivotal court decision on shareholder compulsory acquisition and securing a $1.7 million loan to sustain operations.

Raiden Resources has expanded its Phase 2 drilling at the Vuzel Gold Project in Bulgaria, confirming significant gold mineralisation and increasing its stake to 75%. Meanwhile, the company retains full ownership of the Arrow Gold Project after a partner withdrawal.