Latest Resources Development News

Sunshine Metals has completed a pivotal diamond drilling program at its Sybil gold project, revealing multiple high-grade gold intersections that bolster the prospect’s potential. The latest results highlight the presence of rich gold shoots within the A Vein and introduce a newly identified Splay Vein structure.

Lord Resources has reported promising diamond drilling results at its Ilgarari Copper Project, confirming and extending high-grade copper mineralisation. These findings pave the way for an expanded Phase 2 drilling program.

Nimy Resources has successfully raised $4.88 million through an oversubscribed Share Purchase Plan, signaling strong investor confidence in its Western Australian gallium and rare earths projects.

Woodside Energy has raised its 2025 production guidance following a 1% increase in quarterly output, while progressing key projects like Scarborough and Beaumont New Ammonia on schedule. The company also secured long-term LNG supply deals and received critical regulatory approvals.

Wia Gold Limited reports robust assay results from extensive drilling at its Kokoseb Gold Project in Namibia, reinforcing prospects for both open pit expansion and underground mining. The company is on track to deliver a Definitive Feasibility Study by the second half of 2026.

Ausgold Limited has acquired 240 hectares of key land, removing a major hurdle for its Katanning Gold Project and enabling expanded resource development and operational improvements.

Rumble Resources has commenced diamond drilling at its Western Queen Gold Project, progressing an underground mining scoping study that shows better economics than open pit options. A new processing partnership with Gylden Resources could streamline ore treatment.

Kingfisher Mining has appointed geologist Chris Bittar as Managing Director, aiming to leverage his expertise to advance its NSW and Western Australian mineral projects.

Ora Banda Mining Ltd reported a record September quarter with a 39% surge in gold production and a 37% rise in gold sales, underpinned by strong operational performance and exploration success.

Austral Resources Australia has locked in $40 million through a discounted share placement, setting the stage for its ASX reinstatement and ambitious expansion in Queensland's copper belt.

Iondrive Limited has inked a binding term sheet with LAT66 Limited to apply its innovative Deep Eutectic Solvent technology to cobalt-rich concentrates from Finland’s Kuusamo projects, marking a strategic step beyond battery recycling into primary mineral processing.

Larvotto Resources reports strong first-pass diamond drilling results at its Blacklode Prospect within the Hillgrove Project, revealing wide zones of high-grade gold and antimony mineralisation. These findings underpin plans for a resource upgrade and signal promising exploration upside near existing infrastructure.