Latest Mineral Resources News

Burley Minerals reports promising iron ore assay results from its Cane Bore project and secures $1 million to fast-track exploration, while lithium prices rebound from multi-year lows.

Mt Malcolm Mines has completed significant drilling at its Golden Crown and Dumbarton prospects, revealing high-grade gold intercepts and securing nearly $2 million in funding to support ongoing exploration.

Kuniko Limited has made steady progress in developing its Norwegian battery metals projects, securing refinancing and preparing a rights issue to fund its next growth phase. Key partnerships and innovative exploration technologies underpin its strategic repositioning.

Altamin Limited progresses its innovative Lazio lithium and sulphate of potash project with key engineering studies underway, while its Gorno base metals project reports exceptional zinc, lead, and silver assay results, setting the stage for strategic partnership discussions.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Asra Minerals has completed a major drilling campaign at its Leonora South Gold Project and secured $3 million in fresh capital to fast-track exploration, alongside key leadership appointments and strategic asset realignments.

Vertex Minerals has made significant strides at its Reward Gold Mine, commencing gravity plant operations and preparing for underground mining with first high-grade ore expected in Q3 2025. The company also secured firm commitments for an A$11 million capital raise to support its development plans.

Tungsten Mining NL advances its Mt Mulgine project with a new gold extraction approach while reporting a maiden inferred resource at Hatches Creek, positioning itself strongly amid rising tungsten prices.

Cannindah Resources has completed its initial 2025 drilling program at Mt Cannindah, revealing promising extensions to its copper-gold breccia resource and identifying new porphyry targets that could significantly increase the project’s scale.

Aurumin Limited reports strong drilling results at Johnson Range, secures a $4 million joint venture with Newcam Minerals, and announces a $60 million merger with Brightstar Resources, positioning itself for accelerated development in the Sandstone Gold District.

Lithium Plus Minerals reports significant progress on its Lei Lithium Development Project alongside promising discoveries of beryllium and gold at its Arunta and Wingate projects, supported by a solid cash position of A$3.2 million.

Evolution Energy Minerals advances its development-ready Chilalo Graphite Project in Tanzania, targeting a Final Investment Decision by mid-2026 while exploring promising copper prospects and strengthening its leadership team.