Latest Resources News

Galileo Mining's latest quarterly report reveals significant platinum group element mineralisation at its Mission Sill prospect, supported by strong cash reserves and planned follow-up drilling in 2025.

Capricorn Metals delivered a robust December quarter with rising gold production, record cash flow, and strategic expansions, positioning itself strongly for FY25 targets.

Sandfire Resources reported a 5% increase in copper equivalent production for H1 FY25, alongside a reduction in injury rates and operating costs at its Motheo operation. The company secured key approvals for a new tailings facility at MATSA, underpinning long-term growth.

Canterbury Resources has unveiled compelling drilling results at its Briggs Copper Project in Queensland, confirming a new Southern porphyry discovery and extending higher-grade mineralisation zones. These findings feed into an updated resource estimate and a scoping study due mid-2025.

Change Financial Limited reported a robust Q2 FY25 with revenue surging 53% year-on-year, driven by its expanding PaaS platform, while strategically exiting its loss-making US operations to sharpen focus on Australia and New Zealand.

Elementos Limited has pinpointed a significant shallow copper, gold, silver, and zinc target at its Cleveland Tin Project, leveraging advanced downhole electromagnetic survey data. The discovery lies just 70 metres below surface and is adjacent to previously reported high-grade mineralisation, prompting imminent drilling plans.

Zimplats' December quarter report reveals a decline in mined and milled volumes alongside increased cash costs per 6E ounce, even as key expansion projects advance steadily.

Infini Resources has initiated its first diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting exceptional uranium soil anomalies with the potential for a major discovery in a tier-1 jurisdiction.

Equatorial Resources reports robust December quarter results, highlighting promising iron ore exploration in Guinea and gearing up for a pivotal arbitration hearing against the Republic of Congo in March 2025.

MinRex Resources reports encouraging rock chip sampling results from its Sunny Corner Au-Ag project, alongside strategic plans for expanded exploration activities. The company maintains a strong cash position of $9.46 million, underpinning its ongoing development efforts.

Argent Minerals reports robust drilling outcomes at Kempfield NW, Sugarloaf Hill, and Golden Wattle, confirming significant silver, gold, and base metal mineralisation. The company maintains a strong cash position to support ongoing exploration.

Condor Energy reports a significant upgrade to its Piedra Redonda gas field resource estimate, highlighting a best estimate contingent resource of 1 trillion cubic feet (Tcf) of gas offshore Peru, supported by advanced seismic reprocessing and new technical insights.