Latest Resources News

Venus Metals Corporation has acknowledged an on-market takeover bid from QGold at $0.17 per share, matching the last closing price. The Venus Board advises shareholders to take no immediate action as they assess the offer’s value against the company’s substantial asset base.

Euroz Hartleys Group Limited reported a robust FY2025 with an 87.7% jump in net profit and a strong start to FY2026, driven by increased brokerage and capital markets activity.

Rox Resources (ASX – RXL) has delivered a comprehensive update on its Youanmi Gold Project, highlighting a compelling Definitive Feasibility Study and significant funding progress that set the stage for production in 2026.

Venari Minerals has reported strong lithium assay results from its October drilling campaign at the Red Mountain Project in Nevada, completing the central zone dataset ahead of a maiden Mineral Resource Estimate expected next month.

Skylark Minerals has acquired a high-grade gold portfolio in Côte d'Ivoire, including a flagship project with a 364,600-ounce inferred resource, marking a significant step in its West African growth strategy. The company is fully funded to accelerate exploration in early 2026, targeting resource expansion and new discoveries.

Genmin Limited has successfully completed the first tranche of its capital raising, issuing over 131 million shares to fund its flagship Baniaka iron ore project in Gabon, targeting production by late 2026.

Magnetite Mines has cleared a crucial regulatory hurdle as its Razorback Iron Ore Project’s Mining Lease Proposal passes the South Australian Government’s validity assessment, paving the way for detailed technical review and public consultation.

Brightstar Resources outlines a bold growth strategy targeting over 200,000 ounces of annual gold production by 2029, leveraging its Western Australian assets and aggressive drilling programs. The company’s recent feasibility studies and acquisitions position it as a rising gold producer in the region.

Whitebark Energy has launched a coordinated suite of technical and commercial studies to reassess the Warro Gas Field’s potential, aiming to unlock a near-term gas supply opportunity for Western Australia.

Chariot Corporation and partners have formalized a phased small-scale mining initiative in Nigeria, aiming to unlock near-term lithium production while advancing larger exploration goals.

Gold Hydrogen Limited has confirmed elevated levels of natural hydrogen and helium at its Ramsay 3 well, marking a significant step in its 2025 drilling campaign and reinforcing the potential of its South Australian project.

Cauldron Energy’s latest drilling campaign at Manyingee South significantly extends uranium mineralisation, revealing a more complex palaeochannel system and setting the stage for a resource update in early 2026.