Latest Resources News

Corazon Mining has secured two critical tenements at its Two Pools Gold Project in Western Australia, enabling preparations for a maiden diamond drilling program aimed at confirming high-grade gold mineralisation early next year.

Bubalus Resources has confirmed a gold-bearing system at its Crosbie North prospect in Victoria following a maiden drilling program, with assays up to 1.32 g/t gold. The company is preparing for further drilling in 2026 to explore previously inaccessible targets and expand on these promising results.

Everest Metals Corporation has reported impressive rubidium assay results up to 0.79% Rb₂O from its Phase 2 drilling at the Mt Edon Critical Mineral Project, reinforcing the potential for resource expansion ahead of a planned upgrade in early 2026.

Sabre Resources has reported significant rare earth and critical metal anomalies at its Dingo Project in the Northern Territory, highlighting promising concentrations of key magnet metals Neodymium and Praseodymium. The company plans follow-up drilling to further evaluate these discoveries.

Yari Minerals’ latest drilling results at the Rolleston South Coal Project reveal thicker-than-expected coal seams with promising low-ash, high-yield qualities, hinting at a potential upgrade to semi-soft metallurgical coal.

Vysarn Limited has reported record FY25 profits and is aiming for a 33% NPBT increase in FY26, driven by acquisitions and progress on the Kariyarra Water Scheme. The company is expanding its national footprint amid growing water demand in mining and infrastructure sectors.

Coronado Global Resources has finalized its financial support agreement with Stanwell Corporation, cementing previously disclosed terms and providing clarity on its capital position.

Southern Cross Gold has secured approval for its underground exploration tunnel at the Sunday Creek project, marking a pivotal step towards mine development and enhanced resource definition.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares in Venus Metals Corporation Limited at a 21% premium, aiming to consolidate control and potentially delist the explorer.

DGR Global Limited highlights a significant re-rating of its SolGold investment, driven by SolGold’s strategic staged development and updated resource estimates at the Cascabel copper-gold project in Ecuador.

Thunderbird Resources has completed its acquisition of LM2 Metals, gaining full ownership of the Springfield Gold Deposit in central NSW and issuing over 28 million shares as part of the deal.

EQ Resources is progressing the refinancing of its €20 million Spanish debt, securing extensions on Oaktree guarantees while negotiating new financing facilities.