Latest Resources News

West African Resources aligns with Burkina Faso's 2024 Mining Code, increasing the government's equity stake in its projects while maintaining its 2025 gold production targets.

Lake Resources N.L. has upgraded its Kachi lithium brine resource in Argentina, increasing the Measured and Indicated lithium carbonate equivalent to 8.2 million tonnes, supported by new drilling data and enhanced lithium recovery technology.

Robex Resources Inc., a Canadian gold explorer and producer with key assets in West Africa, has launched a fully underwritten initial public offering (IPO) on the ASX to raise A$120 million. The capital will primarily support the development of its advanced Kiniero Gold Project in Guinea, alongside ongoing operations at the Nampala Mine in Mali.

Indiana Resources confirms receipt of settlement payments from Tanzania but moves to arbitration after a tax dispute threatens the agreement. The company awaits Australian tax approval to return capital to shareholders.

Manuka Resources is poised to restart silver production at its Wonawinta Mine targeting 13.2 million ounces, while progressing its large-scale vanadium-titanium-magnetite project in New Zealand with a robust $1.26 billion valuation.

Mithril Silver and Gold reports compelling high-grade gold and silver channel sampling results from Target 5 at its Copalquin property in Mexico, highlighting a promising new drill target within a district-scale epithermal system.

Tasmea Limited has declared a fully franked special dividend of 12 cents per share, reflecting robust financial performance and strong confidence in future growth prospects.

Diablo Resources has identified significant high-grade copper and silver mineralisation at its Phoenix Copper Project in the US, setting the stage for its inaugural drilling campaign in Q3 2025.

Lord Resources has initiated a heritage survey at its Ilgarari Copper Project, paving the way for targeted drilling programs focused on high-grade copper zones. The survey, conducted in partnership with the Ngarlawangga people, is a critical step before site preparation and rig mobilisation.

True North Copper's recent Fixed Loop Electromagnetic survey at Wallace North has identified multiple promising copper-gold drill targets, signaling potential resource expansion and extended mine life within its Cloncurry Copper Project.

Scorpion Minerals has completed detailed pre-drilling exploration at its Pharos Gold Project in Western Australia and is poised to begin RC drilling targeting multiple high-grade gold zones along a prolific shear corridor.

Western Yilgarn NL has secured the Cardea 3 Bauxite Project in Western Australia's Darling Range, adding a significant high-grade bauxite asset near its Julimar Project. Historical drilling confirms strong alumina grades and strategic infrastructure access.