Latest Resources News

Sun Silver Limited’s latest re-assays from its Nevada Maverick Springs Project reveal extensive antimony mineralisation, reinforcing the potential for a maiden resource estimate and highlighting the project’s strategic importance in critical minerals.

Coronado Global Resources reported a $172.4 million net loss for the half-year ended June 30, 2025, driven by falling metallurgical coal prices and reduced sales volumes. The company initiated liquidity measures including a $75 million coal prepayment and debt refinancing, but credit rating downgrades have cast doubt on its going concern status.

Askari Metals has confirmed the legal validity of its Nejo Gold and Copper Project licences in Ethiopia, paving the way for a comprehensive exploration campaign in a highly prospective mineral region.

Tali Resources has commenced drilling across multiple high-priority prospects in the West Arunta, leveraging its dominant land position and a strong cash balance to explore for Tier-1 copper and critical metal deposits.

Northern Star Resources has completed its due diligence on Mantle Minerals’ Mt Roe subsidiary acquisition, paving the way for settlement within days.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Helix Resources Ltd has initiated a $1.68 million renounceable entitlement offer at a significant discount to fund drilling and resource estimation at its White Hills and Gold Basin projects.

Antares Metals has reported impressive rock chip assay results from its Conglomerate Creek prospect, revealing significant copper, gold, and silver mineralization that could signal a major discovery in Queensland’s Mt Isa region.

Summit Minerals reports promising initial soil sampling results from its Equador Project in Brazil, confirming a significant 4km+ geochemical anomaly and discovering a new niobium-tantalum bearing pegmatite outcrop. Further assays and metallurgical testing are underway to refine exploration targets.

SGH Ltd reported solid FY25 results with 8% EBIT growth, margin expansion, and a 17% dividend increase, setting a confident tone for FY26. The diversified industrial services group demonstrated robust cash flow and reduced leverage despite mixed divisional performances.

Peak Rare Earths Limited shareholders are set to vote on a scheme of arrangement proposing acquisition by Shenghe Resources (Singapore) Pte. Ltd., valuing Peak at approximately A$158 million and offering a substantial premium over recent trading prices.

Equity Story Group has raised $200,000 through a strategic share placement at a premium, signaling investor confidence as it expands its wealth management services.