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

Anax Metals Raises $10 Million to Fund Whim Creek Development and Repay Debt
ANX Metals raises $10m via two-tranche placement to fund Whim Creek and repay a $3.5m Jetosea loan, boosting cash to ~A$7m; Tranche 2 EGM pending.
Latest Stories

Gorilla Gold Mines Intersects High-Grade Mineralisation Beyond Mulwarrie Resource Boundary
Gorilla Gold Mines hits high-grade gold beyond Mulwarrie boundary; best assays 0.7m @ 24.8g/t and 3.4m @ 9g/t, signaling growth upside.

Broken Hill Mines Identifies High-Grade Silver-Lead-Zinc Mineralised Zone at Perseverance Deposit
Broken Hill Mines identifies a high-grade silver-lead-zinc zone at Perseverance, extending 350m down dip; Phase 2 drilling in 2026 could fast-track development.

Verity Resources Extends Strike and Depth of Monument’s Korong and Waihi Gold Deposits
Verity Resources extends Monument gold strike; Korong >1,400m, Waihi >800m with high-grade extensions, signaling strong growth and April resource upgrade.

Barton Gold Commences Pit Optimisation Drilling at Challenger Project
Barton Gold kicks off Challenger pit-optimisation drilling: 1,490m diamond and 8,000m RC to convert near-surface resources ahead of DFS.

Sovereign Metals Increases Measured and Indicated Resource by 32% at Kasiya Project
Sovereign Metals lifts Kasiya resource 32% to 2.1bn tonnes; Measured & Indicated rutile at 16.1Mt and 0.95% TGC; DFS advancing, long-life supply outlook.

Resolution Minerals to Launch 45-Hole Drilling Program at Golden Gate to Define System Scale
Resolution Minerals kicks off 45-hole, up to 13,700m Phase 2 drilling at Golden Gate, Idaho, aiming for a maiden resource as two MP1500 rigs start May 2026.

Lachlan Star Reports Visible Gold and High-Grade Assays at New Waverley
Lachlan Star hits visible gold and high-grade assays at New Waverley, confirming a Norseman-style system; drilling to start soon to test a 400m–800m corridor.

Native Mineral Resources Secures Podosky Gold Deposit Rights for Near-Term Production
Native Mineral Resources secures 12-month Podosky gold rights for US$4m, enabling near-term production at Blackjack; high-grade drilling underpins the move.

Solstice Minerals Delivers Copper-Gold Growth with Maiden Drilling at Nanadie Project
Solstice Minerals reports Phase 1 Nanadie RC drilling expanding copper-gold mineralisation; open northern extensions with 44m @0.52% Cu, 0.23 g/t Au.

Meeka Metals Accelerates Gold Production with Murchison Processing Facilities Upgrade
Meeka Metals to upgrade Murchison with $6m to add 200k tpa, lift throughput to ~800k tpa and accelerate gold production; commissioning in Sept quarter.

Cobalt Blue Positions for Market Deficit as Kwinana Refinery Enters Home Stretch
Cobalt Blue advances toward FID on Kwinana cobalt refinery as 2026 market deficit looms, poised to double Australia’s refined cobalt output.