Latest South Australia News

Osmond Resources is fast-tracking development of its Orión EU Critical Minerals Project, with initial drilling confirming high-grade titanium, zircon, and rare earth elements. The company aims to complete a maiden Mineral Resource Estimate and Scoping Study by mid-2026.

Super Retail Group has reported a record 13.1% sales growth in the first half of FY26, with normalised profit before tax expected between $172 million and $175 million despite margin challenges and weather impacts.

Coda Minerals has resumed its extensive diamond drilling program at the Elizabeth Creek Copper-Silver Project, progressing towards a pivotal Pre-Feasibility Study with strong commodity price tailwinds. Approximately 70% of drilling is complete, setting the stage for updated resource estimates and enhanced project economics.

Auravelle Metals has reported significant high-grade gold intersections at its Sheoak Prospect in South Australia, with mineralisation extending over 600 metres and remaining open. The company plans multiple follow-up drilling programs in 2026 to expand these promising results.

Hillgrove Resources has released final assay results from its Emily Star drilling program, confirming significant high-grade copper-gold mineralisation that supports plans to expand mining operations at Kanmantoo.

Magnetite Mines Limited has been granted a new exploration licence adjacent to its Ironback Hill rare earth element project, expanding its strategic footprint in South Australia’s Braemar Iron Region. The licence offers promising optionality for future rare earth exploration while the company maintains focus on its core iron ore development.

Pacgold has initiated cyanide irrigation on 250,000 tonnes of ore at its White Dam Gold Project, setting the stage for imminent gold production and initial cash flow. This milestone marks a pivotal step in the company’s transition from explorer to producer.

Taiton Resources has completed the first tranche of its capital raising, issuing 3.38 million shares to sophisticated investors, with a larger tranche still pending. This move aims to bolster funding for its mineral exploration projects across South Australia and New South Wales.

Iron Road has declined to extend Revera Energy’s option to purchase a strategic 24-hectare land parcel at Cape Hardy, marking a significant shift in their green hydrogen project partnership. Two larger land purchase options remain active, with potential buyback rights now triggered.

Indiana Resources has resolved its long-standing arbitration dispute with Tanzania, clearing the way to concentrate on its promising Australian gold exploration projects.

High Peak Royalties finalises the sale of its geothermal subsidiary Torrens Energy to Northstar Energy, gaining significant equity and royalty interests while advancing South Australia's clean energy ambitions.

Renascor Resources has completed major equipment installation and begun commissioning at its Australian Government co-funded Purified Spherical Graphite demonstration facility, marking a pivotal step in its sustainable battery anode materials strategy.