Latest Resources News

Australian Silica Quartz Group's flagship Quartz Hill MGSi Project faces a setback after Quinbrook Infrastructure Partners terminates their development and offtake agreement. ASQ pivots to explore other high-grade quartz targets in Queensland.

Fletcher Building and its joint venture partner have resolved a longstanding dispute with NZTA over COVID-19 and weather-related delays on the Puhoi to Warkworth motorway, resulting in a $16.4 million EBIT loss in FY25 but securing $56 million in cash proceeds.

Babylon Pump & Power has successfully placed over 202 million shortfall shares, raising approximately $811,728 from sophisticated investors as part of its recent entitlement offer.

Symal Group is poised to exceed its FY2025 EBITDA forecast, driven by strong project execution and a robust pipeline of contracts and acquisitions.

Ballymore Resources has initiated a deep drilling program at its Dittmer Project in North Queensland, targeting a significant porphyry copper-gold system beneath the historic mine. This follows strong Stage 5 drilling results and is supported by Queensland Government funding.

QMines is set to complete its acquisition of the high-grade Mount Mackenzie Gold and Silver Project, boosting its resource base and planning a maiden drilling program to unlock further value.

Pivotal Metals has successfully extended the shallow mineralisation strike at its Horden Lake project in Quebec by 500 metres, confirming continuity and higher-grade zones through its 2025 step-out drilling program. The results also validate electromagnetic surveys as a powerful exploration tool, revealing multiple undrilled targets.

New World Resources Limited has voluntarily suspended trading as it prepares to announce a significant change of control variation and a $10 million placement to advance its Antler Project in Arizona.

Lachlan Star and Cullen Resources report promising initial gold assay results from reconnaissance drilling at the Killaloe Project near Norseman, WA, highlighting new mineralised structures and potential for further discoveries.

ADX Energy has identified seven drill-ready shallow gas prospects in its Upper Austria licences, with a multi-well drilling program planned for late 2025. The company aims to leverage advanced seismic data and cluster development to optimise production and reduce costs.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking the Gold Duke Project towards near-term production amid record gold prices.

Anson Resources has completed integrated static and dynamic geological models for its Green River Lithium Project, revealing a large, interconnected lithium brine reservoir and setting the stage for expanded resource drilling.