Latest Resources News

Aurumin Limited announces a significant 33% increase in its Plum Pudding gold resource at the Central Sandstone Project, supported by encouraging recent drilling results that reinforce the project's potential for future gold production.

Lunnon Metals has launched a co-funded diamond drilling program at its high-potential Defiance West target near the historic Victory-Defiance Gold Mine, aiming to unlock new gold mineralisation in a previously untested area.

Sipa Resources is set to launch its first exploration programs on newly acquired gold projects in South Australia and Western Australia, while recent drilling at Skeleton Rocks reveals promising nickel-cobalt-chrome mineralisation.

FMR Resources has refined its geophysical targets at the Demoiselle prospect within the Fairfield Copper Project, confirming significant copper mineralisation and gearing up for a maiden drill program starting mid-February 2025.

Westar Resources has secured heritage approvals and is set to begin a targeted RC drilling program at the Mindoolah Gold Mining Centre, aiming to unlock high-grade gold deposits beneath historic workings. Following this, drilling will focus on a compelling geophysical anomaly at the Mageye Prospect.

A1 Investments & Resources Ltd reported a modest cash outflow for the December quarter while actively pursuing acquisition opportunities backed by secured funding. The company aims to finalize a deal soon, contingent on shareholder and regulatory approvals.

Perenti’s underground mining arm, Barminco, has landed a $120 million contract at Nevada Gold Mines’ Goldrush Project, marking its first US underground mining venture and a strategic expansion into North America.

AKORA Resources has raised $1.293 million through a strategic share placement involving its first institutional investor and full board participation, aiming to advance logistics and investor discussions for its Bekisopa iron ore project.

Astute Metals NL has identified a new high-grade lithium-bearing claystone unit at its Red Mountain Project in Nevada, significantly enhancing the project's exploration potential ahead of a maiden resource estimate.

Dart Mining has applied for a new exploration permit over the historic Raglan Goldfield, aiming to consolidate its gold assets in Central Queensland alongside the recently acquired Triumph Gold Project.

Fortescue Ltd’s subsidiary FMG Pilbara Pty Ltd has acquired a 66.23% majority interest in Red Hawk Mining, advancing its takeover bid with an increased offer price to incentivize remaining shareholders.

AXP Energy has secured $1.25 million through a share placement to accelerate its modular data centre rollout powered by stranded natural gas in Colorado. This capital injection aims to support the company’s pioneering gas-to-power operations tied to Bitcoin mining and other high-performance computing applications.