🕒 Wednesday 1 April 2026 Wed, 1 Apr 2026

PolarX Limited and Northern Star Resources have agreed on a US$6.9 million exploration budget for 2026, focusing on a major drilling program at the Caribou Dome Copper Project, while extending key deadlines amid assay result delays.

Victory Metals has announced a significant metallurgical breakthrough at its North Stanmore project, achieving over 70% extraction of critical heavy rare earths using a low-cost, low-complexity process. This advancement promises a faster, simpler path to market, setting the company apart in the competitive rare earths sector.

Rent.com.au has expanded its senior debt facility to $15 million and extended its term, fueling record growth in its RentBond® loan product and enhancing profitability through increased cash funding.

Arafura Rare Earths has locked in binding cornerstone equity agreements worth approximately A$230 million with German and Australian government-backed funds, advancing the financing of its Nolans Rare Earths Project.

GoldArc Resources has secured a key tenement adjacent to its high-grade Whistler and Woodpecker South prospects in the Kookynie Goldfields, expanding its Leonora South project at a modest cost. This acquisition complements ongoing drilling programs that have already delivered impressive gold assay results.

Yari Minerals has unveiled an updated investor presentation highlighting its 222.9Mt Rolleston South Coal Project in Queensland’s Bowen Basin, aiming to expand its resource base and secure joint ventures with major operators.

Buru Energy’s CEO Thomas Nador resigns due to health reasons, with interim leadership stepping in as the company advances its Rafael Gas Project.

Everest Metals Corporation has reported promising metallurgical test results for its Mt Edon Critical Mineral Project, alongside submitting a key Mining Proposal to regulators, signalling progress toward commercial development.

Lunnon Metals reports steady progress at its Lady Herial gold mine alongside the discovery of a new gold-bearing structure northwest of the site, highlighting promising potential for future underground mining.

Tungsten Mining NL is set to begin a 15,000-metre drilling campaign at its Watershed tungsten deposit in June 2026, aiming to better define near-surface high-grade mineralisation amid record tungsten prices.

Hammer Metals has identified multiple drill-ready copper-gold and lead-zinc targets at Mount Isa, including a high-priority SEDEX-style prospect at Kalman West backed by a $176,000 grant, and a newly defined gold anomaly at Keyser. A 3,000m drilling campaign is planned to kick off in April 2026.