🕒 Wednesday 29 July 2026 Wed, 29 July 2026

Coronado Global Resources surged back to profitability in Q2 2026, driven by a 39.3% jump in saleable production and a 27.7% fall in mining cash costs. Buchanan mine hit record half-year output, while Curragh staged a major operational turnaround.

LE Minerals has received further assay results from its Burke-Mt Dromedary drilling program, confirming thick, high-grade graphite mineralisation between deposits and supporting an expanded resource estimate. The company is advancing a $20 million sale of these assets to M Battery Materials, which plans an ASX IPO.

High-Tech Metals has released an updated Mineral Resource Estimate for its Wagtail Gold Deposit, boosting geological confidence and underpinning ongoing development work.

Rio Tinto delivered a robust first half in 2026 with a 28% jump in underlying EBITDA to $14.8 billion, powered by copper ramp-up at Oyu Tolgoi, lithium expansion, and operational gains. The miner also lifted its interim dividend by 43% amid disciplined capital investment and steady iron ore output.

Battery Age Minerals has identified multiple priority exploration targets at its Apex Project in Utah, submitted new drilling permits for Austria’s Bleiberg site, finalised a commercial germanium technology licence, and gained entry to a US defense consortium, underpinning its integrated germanium strategy.

Australian Critical Minerals has completed its initial diamond drilling at the Flint Project in Peru, revealing a substantial high-sulphidation hydrothermal system and signs of porphyry-style mineralisation. Assay results from the standout drill hole are awaited, with further drilling planned to explore the system’s broader extent.

Cavalier Resources has lifted the net present value of its Crawford Gold Project by 50%, securing a $23 million financing package and advancing pre-production activities as it moves closer to development.

Australian Silica Quartz Group (ASQ) reports promising kaolin beneficiation results from its White Swan Project, with dry processing boosting kaolinite content to 83% and early ceramic tests confirming product quality. Chinese market feedback signals robust demand amid dwindling domestic supplies.

Xpedra Resources has confirmed broad, high-grade gold zones extending at depth and along strike at its Springfield Gold Deposit in NSW, following its maiden 27-hole drilling program.

Northern Star Resources has kicked off commissioning of its KCGM Mill Expansion Project while delivering solid June quarter results, including record mining volumes and positive cash flow across all production centres.

Enova Mining has unveiled significant rare earth element mineralisation at its Santo António Do Jacinto Project in Minas Gerais, Brazil, with initial auger drilling returning high-value grades averaging 25% NdPr in near-surface saprolite.

Bison Resources (ASX: BSR) has launched its maiden exploration campaign across four Nevada projects following a $5.5 million IPO, revealing a promising 1.5-kilometre arsenic-antimony anomaly at Bald Peaks indicative of a Carlin-type gold system.

Red Mountain Mining has launched systematic rock chip sampling at its Pioneer Tungsten Project in Montana, aiming to define drill targets after initial assays confirmed tungsten mineralisation comparable to nearby major deposits.

Carnegie Clean Energy has made substantial progress on its ACHIEVE Programme, including module assembly and regulatory approvals for ocean deployment in Spain, supported by a $2.5 million private placement to fund commercial expansion.

Vulcan Energy Resources has reached financial close on its €2.2 billion Lionheart Project financing, unlocking funds and accelerating construction across its integrated lithium and renewable energy facilities in Germany.

InteliCare generated positive cash flow for the first time since listing in the June 2026 quarter, driven by accelerated deployments across aged care and retirement living sectors.

WA1 Resources continues to hit strong niobium grades in infill drilling at its Luni Project, sharpening the focus for early mining years and keeping its Pre-Feasibility Study on track for late 2026.

Vantage Metals (ASX: VAN) has kicked off drilling at its Kalahari Copper Project in Botswana following a comprehensive airborne electromagnetic survey, while high-grade polymetallic assays emerge from its Argentine TMT Project. The company also raised A$6 million from strategic investors and rebranded from BRX to VAN.

Ramelius Resources delivered solid June quarter results, hitting 53,466 ounces at an AISC of A$1,973/oz and generating A$138.3 million in underlying free cash flow. The company met full-year guidance for the sixth consecutive year, advanced key projects, and progressed a major asset sale.

Auravelle Metals has pinpointed numerous new gold exploration targets at its Nuckulla Hill project in South Australia, backed by fresh magnetic and soil data. The company also completed soil sampling at its Crown Gold Project in Western Australia and secured a $1.5 million placement to fund upcoming drilling.

Mineral Resources Limited (ASX: MIN) closed FY26 exceeding volume and cost guidance across iron ore, lithium, and mining services, while bolstering liquidity and reducing net debt. Strategic investments at Mt Marion and Bald Hill signal ongoing growth.

Encounter Resources has lifted its Aileron niobium resource by over half, hitting 120 million tonnes with robust metallurgical results, while advancing copper-gold drilling in WA and the NT.

Wildcat Resources made significant strides in its Pilbara lithium projects during the June 2026 quarter, expanding the Tabba Tabba DFS scope and confirming robust metallurgical recoveries at both Tabba Tabba and Bolt Cutter Central. The company ended the quarter with a solid cash position of $37.2 million.

Patronus Resources is rapidly advancing exploration at its Pine Creek Project in the Northern Territory, unveiling a new 3km-long Golden Wall gold target and expanding multiple large-scale anomalies. Active drilling and high-grade sampling underpin a growing pipeline of prospects across its 1,500km² tenure.