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

Sierra Nevada Gold Discovers Polymetallic System at As Safra Project in Saudi Arabia
Sierra Nevada Gold uncovers polymetallic breccia at As Safra, Saudi Arabia, signaling a multi-stage magmatic-hydrothermal system; Phase 2 over 25,000m planned.
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Lachlan Star Confirms Emerging High-Grade Gold Discovery at New Waverley Project
Lachlan Star flags emerging high-grade gold discovery at New Waverley, WA, as RC drilling shows repeat high-grade intersections and growing mineralisation.

Dreadnought Resources Defines 15km Mangaroon Gold Anomaly as Illaara Pipeline Builds
Dreadnought Resources defines a 15km Mangaroon gold anomaly, expanding the Illaara pipeline; follow-up drilling targets set for 2026–27.

Austral Resources to Proceed with Proposed Hammer Metals Takeover after Larvotto Withdrawal
Austral Resources moves to acquire Hammer Metals for $80.7m after Larvotto withdraws; Hammer valued at 0.087/sh, 31.1% stake in enlarged group.

EV Resources Procures High-Grade Antimony Ore for Tecomatlán Proof-of-Concept Campaign
EV Resources buys 200 dry tonnes of high-grade antimony ore for Tecomatlán PoC, aiming to prove its regional hub model and speed the commercial cycle.

Tungsten Mining Commences Major Drilling Campaign at Flagship Watershed Project
Tungsten Mining kicks off large RC and diamond drilling at Watershed, targeting a resource upgrade and potential 2027 production, after strong PEE economics.

Impact Minerals Retains Commonwealth Exposure As Kuniko Earns 51% Interest
Impact Minerals: Kuniko earns 51% in Commonwealth JV, raising to 70% milestone; Impact free-carried to mine; focus shifts to alumina as Phase 2 drilling begins.

Iltani Resources Strengthens Orient Open-Pit Case with Broad Intersections
Iltani Resources drills broad Orient intersections, strengthening open-pit case with high-grade zones; MRE update planned for Q4 2026.

Iltani Resources Intersects Lead-Zinc-Copper Sulphides in Maiden Drilling at Union Jack
Iltani Resources hits lead-zinc-copper sulphides in maiden Union Jack drill at Herberton; VTEM targets confirmed, assays due in ~2 months as follow-up planned.

Impact Minerals Records Low Uranium-Thorium and 4N Purity in Lake Hope HPA samples
Impact Minerals reports ultra-pure Lake Hope HPA with near-zero uranium/thorium and 4N purity, boosting pilot-scale LTL alumina for semiconductors.

Sky Metals Maps Rapid Payback Profile at Tallebung Tin-Tungsten-Silver Project
Sky Metals Tallebung PFS shows rapid payback and strong economics: base IRR 69%, NPV A$438m, payback <17 months; upside with spot prices.

Broken Hill Mines Reports High-Grade Lead-Zinc-Silver Intercepts from Pinnacles Phase 2 Drilling
Broken Hill Mines unlocks high-grade zinc-silver intercepts in Pinnacles Phase 2 near-open pit, underpinning open-pit viability as zinc/silver rally.