Latest Resources News

Medallion Metals Limited has opened a Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at a 20.8% discount, aiming to raise $5 million for advancing its Forrestania and Cosmic Boy projects.

Estrella Resources appoints Robert Mencel as CEO, transitioning to Managing Director by mid-2026, to spearhead its limestone and manganese projects in Timor-Leste. The leadership reshuffle aims to accelerate development and operational ramp-up.

TMK Energy has achieved a fifth consecutive month of rising gas production at its Gurvantes XXXV Project in Mongolia, hitting a new daily record in December 2025. The company is now advancing plans to harness this gas for power generation, signalling a promising commercial phase ahead.

Verity Resources has secured a major new exploration licence at its Monument Gold Project in Western Australia, doubling its landholding to over 400 square kilometres and unlocking fresh exploration opportunities in the prolific Laverton Goldfields.

Temas Resources has fortified its position in the critical minerals sector through key strategic moves including joining Québec’s CSM Scientific Network, engaging market-making services, and commissioning independent equity research.

Asara Resources has released a second tranche of drilling results from its Massan deposit in Guinea, reinforcing the continuity of gold mineralisation and confirming promising depth extensions beyond the current resource model.

Civmec Limited has landed a series of new contracts and extensions worth more than A$400 million, including a significant package with BHP for Port Hedland’s Port Debottlenecking Project 2 and key works supporting Fortescue’s decarbonisation efforts.

Fenix Resources has achieved a record quarterly iron ore shipment of 1.2 million tonnes, driving a strong cash increase to A$79 million and reaffirming its FY26 production guidance.

New Frontier Minerals has moved its Mining Lease Application for the Big One Copper Deposit into the technical assessment phase, marking a key step toward near-term development amid a strong copper market.

Terrain Minerals has made significant progress across its gold, lithium, and rare earth projects during the December 2025 quarter, including drilling milestones and a successful $2.76 million capital raise. The company targets a maiden resource at its Lightning gold prospect by mid-2026.

Belararox Limited has completed an $8.5 million placement to accelerate copper exploration, with drilling now underway at its TMT Project in Argentina.

Taiton Resources has completed the first tranche of its capital raising, issuing 3.38 million shares to sophisticated investors, with a larger tranche still pending. This move aims to bolster funding for its mineral exploration projects across South Australia and New South Wales.