Latest Mineral Resources News

Stellar Resources has secured 100% ownership of the Granite Tor Project in northwest Tasmania, adding a promising tin and rare earth elements exploration asset adjacent to its Heemskirk Project. Historical sampling highlights significant tin and cerium anomalies, setting the stage for further exploration.

Ballard Mining has achieved a critical milestone with full permitting for its Mt Ida Gold Project, including approval to build a 2.0 million tonnes per annum processing plant and tailings facility. This final green light positions the project for development and potential expansion.

Carnavale Resources’ updated Scoping Study for the Kookynie Gold Project reveals a doubling in project value and robust economics, supporting a five-year mine life with 93,000 ounces of gold production.

Critical Resources Limited has initiated its first Reverse Circulation drilling program at the Amoco gold-antimony project in New South Wales, targeting a significant geochemical anomaly with promising high-grade surface samples. The results, expected by mid-November 2025, could unlock new value in a historically mineralized region.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Evergreen Lithium has identified multiple compelling gold targets at its Mt Monger Gold Project, leveraging strong historic drilling and prime infrastructure to fast-track development plans.

Podium Minerals has announced a major metallurgical breakthrough with a new concentrator flowsheet achieving approximately 80% recovery of key platinum group metals, advancing its Parks Reef Project towards commercialisation.

AKORA Resources has initiated a surface trenching program at its Bekisopa Iron Ore Project in Madagascar, aiming to extend its high-grade direct shipping ore resource despite ongoing local unrest. The company remains confident in project progress and safety.

Podium Minerals has launched a A$12 million capital raising to accelerate development at its Parks Reef platinum group metals project, following a key metallurgical breakthrough and resource upgrades.

Axel REE Limited has announced a significant inferred rare earth mineral resource of 233 million tonnes at its Caladão Project in Brazil, highlighting strong metallurgical recovery prospects that could substantially increase resource size.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Kingsland Minerals has raised $1.6 million through a share placement, with major shareholders increasing stakes, and appointed a new chairman as it prepares to start a pre-feasibility study at its Leliyn Graphite Project.