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

Corazon Mining Clears Chalice Tenure Hurdle as New Gold Targets Emerge
Corazon Mining clears Chalice tenure hurdle as first-refusal rights lapse, expanding a 40km gold corridor with high-priority targets ahead of 2 October.
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Australasian Metals Secures Option Over Côte d’Ivoire Lithium Projects
Australasian Metals secures a 3-month exclusive option to acquire 75% of Atex and 51% of Alliance lithium projects in Côte d’Ivoire for A$1.4m.

Impact Minerals Validates US-Based Commercial-Scale HPA Facility with Positive Scoping Study
Impact Minerals validates positive scoping study for US HPA plant; US Gulf Coast preferred, NPV US$518m, IRR 42.3%, funding/de-risking underway.

Iltani Resources Expands Orient Silver-Indium Mineralisation Ahead of Planned Resource Update
Iltani Resources extends Orient East mineralisation: 71m at 81 g/t AgEq (incl. 34m at 129 g/t). Updated MRE due Q4 2026 ahead of 2027 scoping.

Axel REE Extracts High Gallium and Scandium Values from Testing of Tiger Creek Samples
Axel REE reports 95% gallium and 74% scandium extraction from Tiger Creek testing, via two acid systems, signaling a potential new pathway for gallium recovery.

Lunnon Metals' Lady Herial Open Pit Delivers on Kambalda Feasibility Study Forecasts
Lunnon Metals reports Lady Herial pit: 14,910oz at 1.68g/t; ~A$39m pre-tax free cash flow; Feasibility forecasts met ahead of schedule.

Iltani Resources Extends High-Grade Silver Link Zone at Orient Project
Iltani Resources extends high-grade Link Zone at Orient; standout 13m at 334 g/t AgEq, incl 2m at 1,237 g/t AgEq. MRE update Q4 2026; more drilling.

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.

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.