Mining & Resources
Latest news, analysis, and insights from ASX mining & resources companies

Ionic Rare Earths Advances Magnet Recycling Joint Venture with Missouri-based USSM
Ionic Rare Earths and US Strategic Metals form 50/50 magnet recycling JV in Missouri with $100m to build NdFeB/SmCo facilities, boosting US supply security.
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Fenix Resources Releases Maiden 26.9Mt Ore Reserve For Beebyn Hub at Weld Range
Fenix Resources unveils maiden 26.9Mt ore reserve at Beebyn Hub (WA) averaging ~60% Fe, supporting 6 Mtpa target by 2028 and multi-year Weld Range production.

Kincora Copper Sets Four-Project Drilling Campaign Across NSW Portfolio
Kincora Copper launches a sole-funded A$3m, 25,000m NSW drilling spree across four projects to test 17 targets, boosting value as partner funding persists.

Vulcan Energy Maps Project Ludwig Phase Two Development at Upper Rhine Valley Brine Field
Vulcan Energy advances Ludwig Phase Two after PFS; targets 21,100 t/y Li2CO3 and 3,125 GWh heat; capex €1.261b, IRR 20.2%, NPV €1.727b.

Australian Gold and Copper Unearths High-Grade Evergreen Discovery at South Cobar Project
Australian Gold and Copper hits high-grade Evergreen discovery at South Cobar: 17m @ 5.3 g/t Au, 163 g/t Ag, 0.8% Cu; expands western zone; RC drilling ongoing.

Cauldron Energy Extends Uranium Mineralisation by 2.5km at Manyingee South Deposit
Cauldron Energy extends Manyingee South uranium mineralisation by 2.5km, widening the high-grade D roll-front; Yanrey project >55Mlb U3O8.

Kaoko Metals Intersects Broad Visual Copper Zones in Drilling at Chalkos Project in Namibia
Kaoko Metals hits broad copper zones at Chalkos drilling, Namibia; visible copper in two holes; assays in 4-6 weeks as drilling continues.

Gateway Mining Confirms Significant High-Grade Gold in Fresh Rock at Yandal’s Cowza Prospect
Gateway Mining confirms significant high-grade gold in fresh rock at Cowza, Yandal; RC intercept 41m @2g/t incl 9m @7.5g/t, major new discovery.

Mont Royal Resources to Evaluate Production of High-Purity Separated REO from Ashram Project
Mont Royal taps Alta to evaluate turning Ashram carbonates into North American high-purity REOs, hinting at JV and refining facility.

DeSoto Resources Confirms Major Exploration Expansion at Siguiri Goldfields Projects
DeSoto Resources expands Siguiri gold exploration in Guinea with soil sampling across Yarakoura, Woussoubadou and Branama, Timbakouna drilling, and Fortuna JV.

Tivan Reports Broad High-Grade Fluorite Intersections at Sandover Project in NT
Tivan hits broad, high-grade fluorite at Sandover NT; 18m at 25.1% CaF2 incl 7m at 54.9%, Phase 3 drill to target maiden MRE for acid-grade fluorspar.

Altair Minerals Begins Multi-Rig Drilling Campaigns at South Oko and North Peters Prospects
Altair Minerals kicks off multi-rig drilling at Greater Oko; 15k m RC South Oko, 2k m North Peters, targeting 8k m/mo by Oct.