Latest Tropicana News

BPM Minerals is set to embark on a record 20,000m drilling campaign at its Forelands Gold Project in WA, targeting maiden resource estimates and testing a major gold anomaly with strong geological promise.

Genesis Minerals has disrupted the proposed Vault-Regis merger with a superior $5.6 billion takeover bid, offering Vault shareholders a mix of cash and shares. Regis Resources meanwhile reported strong FY26 production hitting the top end of guidance, underpinning its robust cash position.

Recharge Metals has completed soil sampling and a detailed gravity survey at its underexplored Sunset Well Gold Project in WA, setting the stage for a major drilling campaign targeting the 94,500 oz Prospero Deposit. The company also expanded its footprint with four new regional projects, supported by a $6 million cash position.

BPM Minerals has confirmed a significant down-dip extension of high-grade gold mineralisation at its Beachcomber Main Lode within the Forelands Gold Project, Western Australia, with assays showing continuity over 300m strike and 250m vertical depth.

Regis Resources Ltd (ASX:RRL) and Vault Minerals Ltd (ASX:VAU) have agreed to merge via a scheme of arrangement, forming a new senior gold producer with over 700,000 ounces annual production and a market cap near A$10.7 billion.

Regis Resources and Vault Minerals have agreed to merge, creating Australia's third-largest ASX-listed gold producer with over 700,000 ounces annual output and a diversified asset base.

BPM Minerals has completed key surveys at its Bonnie & Clyde Prospect within the Forelands Gold Project, setting the stage for maiden drilling in Q3 2026. The project’s geological complexity and strong geochemical anomalies underline its potential for a major gold discovery.

Regis Resources sustained strong gold output in Q3 2026 with 90.6koz produced at an AISC of $2,807/oz, while raising growth capital guidance amid rising diesel costs and advancing underground projects. The company declared a 15cps interim dividend, supported by a robust $1.13 billion cash and bullion position.

Regis Resources (ASX:RRL) has reported a sixth consecutive year of underground resource and reserve growth at its Duketon and Tropicana operations, highlighted by a 120% increase in Ore Reserves at Garden Well Underground. The update also introduces an initial resource for the Southern Star deposit, reinforcing the company’s long-term underground mining potential.

BPM Minerals has reported compelling high-grade gold assay results from maiden drilling at its Beachcomber Prospect and secured A$3.5 million in a strategic placement to fund an expanded 2026 exploration campaign across its Forelands Gold Project.

Regis Resources reported a strong cash and bullion increase of $198 million in the March 2026 quarter, lifting its balance to $1.128 billion despite gold production trailing FY26 guidance. The company continues to monitor fuel supply risks amid national uncertainties.

BPM Minerals has commenced a significant 7,500m drilling program at its Beachcomber Prospect, targeting high-grade gold extensions, while preparing for a heritage survey at Bonnie & Clyde to enable maiden drilling later this year.