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

Axel REE Boosts Caladão Resource by 24% Following Woolrich Deposit Upgrade
Axel REE’s Caladão resource climbs 24% to 708.6 Mt at 1,443 ppm TREO after Woolrich upgrade; ISR field validation targets next phase.
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Viking Mines Confirms Thick Tungsten Intercepts At Linka Project
Viking Mines reports thick tungsten at Linka: 18m at 0.42% WO3 and 13m at 0.46% WO3, supporting a mineralised zone; assays pending as RC drill resumes mid-Oct.

Litchfield Minerals Secures New Rig for Follow-up Drilling at Oonagalabi Project
Litchfield Minerals lands Topdrill rig for 1,820m follow-up drilling at Oonagalabi, 11-hole program to extend copper-zinc mineralisation after strong Phase 3 results.

Golden Globe Resources Tapping Copper and Gold Potential across Queensland and NSW
Golden Globe Resources advances copper–gold drills across QLD/NSW; Burns Spur samples up to 4.22% Cu; Phase 2 drilling underway; cash ~A$3.5m.

Mont Royal Resources Advancing Ashram Rare Earths Deposit and Canadian Critical Minerals Portfolio
Mont Royal advances Ashram Rare Earths in Quebec, updating the PEA and optimising metallurgy, expanding its Canadian critical minerals portfolio ASX/TSX

Greenvale Energy Identifies Six Large-Scale Uranium Targets in Geophysical Review of Thunderball Project
Greenvale Energy identifies six new uranium targets at Thunderball after a geophysical review, boosting drill-ready exploration and signaling a graben. ASX: GRV

Elevate Uranium Positioning for Long-Term Growth across Namibia and Australia
Elevate Uranium targets long-term growth with 181 Mlb U3O8 and the U-pgrade™ process across Namibia and Australia, riding a nuclear-fuel upcycle.

Critical Resources Secures Exclusivity and Key Terms for Proposed Gonini Gold Project Acquisition
Critical Resources secures exclusivity for 90% Gonini gold project in Suriname, a first-mover play on the Guiana Shield with staged cash and share payments.

Anax Metals Delivers Bonanza Grades from Near-Surface Mineralisation at Mons Cupri Deposit
Anax Metals reports bonanza near-surface high-grade hits at Mons Cupri, boosting early cashflow as restart plan advances (incl. 85.9m @ 2.89% CuEq).

AIC Mines Strikes $120m Acquisition Deal for Mt Cuthbert Copper Project
AIC Mines to buy Mt Cuthbert copper project for $120m, lifting contained copper to ~878,000t (39% upgrade); completion eyed for early November.

Ballard Mining Increases MRE at Mt Ida Gold Project as Baldock Deposit Grows 35%
Ballard Mining lifts Mt Ida MRE to 1.84Moz (20.4Mt @ 2.8g/t); Baldock rises 35% as drilling expands, boosting feasibility study prospects.

PMET Resources Targets Low-Cost Processing Pathway for Shaakichiuwaanaan Caesium Products
PMET Resources tests a low-cost caesium pathway via KTS on Shaakichiuwaanaan pollucite, hinting at high-purity end-products.