Latest Resources News

Pacgold Limited has identified a compelling high-intensity induced polarisation gold target at its White Lion Prospect in Queensland, with maiden drilling set to begin in September 2025. The discovery highlights promising geophysical anomalies that could expand the company’s resource base.

Westgold Resources has declared a strong final dividend for FY25 and unveiled an enhanced dividend policy alongside a significant share buy-back program, signaling robust confidence in its growth and cash flow outlook.

Medallion Metals has significantly expanded its sulphide Mineral Resource Estimate at the Ravensthorpe Gold Project to 950,000 ounces gold equivalent, underpinning a rapid move toward production with a feasibility study due in October and a Final Investment Decision expected by year-end.

Hartshead Resources has voluntarily suspended trading on the ASX pending a significant announcement about a well carry agreement linked to its P2607 Licence. The suspension is set to last until the announcement or early September.

Arika Resources has significantly expanded its Kookynie Gold Project footprint by acquiring over 100 square kilometres of highly prospective gold tenements in Western Australia's Northeastern Goldfields, positioning itself as a major player in the district.

EQ Resources has successfully commissioned a third XRT ore sorter at its Saloro tungsten operation, increasing sorting capacity by 50% and improving processing efficiency. An updated ore reserve estimate is expected in early Q4 2025, reflecting operational gains and stronger tungsten prices.

IRIS Metals has agreed to sell its Kookynie Gold Project to Arika Resources, securing cash and equity to fuel its lithium ambitions in the US. This strategic move realigns IRIS’s portfolio towards critical minerals while retaining exposure to Kookynie through Arika shares.

TechGen Metals has completed a heritage clearance survey at its Blue Devil Project in Western Australia, revealing new high-grade copper and gold structural zones and setting the stage for targeted geophysical surveys and drilling.

Terra Metals has raised $15 million through an institutional placement led by cornerstone investors to fast-track exploration and development at its polymetallic Dante Project in Western Australia.

Westgold Resources reports a transformative FY25 with record revenue and EBITDA following its merger, while navigating one-off costs and boosting dividends.

AuKing Mining has successfully closed a two-tranche placement raising $1.17 million, with directors actively participating, to fund its Cloncurry Gold Project acquisition and reduce existing debt.

Shine Justice Ltd reported a revenue increase to $204.4 million in FY25 despite a dip in adjusted net profit after tax, driven by strategic restructuring and a sharpened focus on personal injury and international mass torts. The company is investing in technology and expanding its US footprint to fuel growth in FY26.