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

Anax Metals Reinforces Outstanding Economics with Whim Creek DFS
Anax Metals' Whim Creek DFS flags base-case NPV7 A$501m, IRR 98% (spot 118%/A$649m); ~A$723m cash flow over 10 years; 12–14 month payback; funding crucial.
Latest Stories

Dreadnought Resources Adds High Range Northwest Prospect to Mangaroon Gold Project
Dreadnought Resources adds High Range Northwest to Mangaroon gold project after strong gold-in-stream anomalies; now seven camp-scale prospects.

Red Mountain Mining Continues Push to Advance US and Australian Critical Minerals Portfolio
Red Mountain Mining (ASX: RMX) pushes ahead in US-Australian critical minerals with Thompson Falls antimony acquisition, high-grade assays and expansion plans.

European Resources Confirms Standout 31.5m Intersection at Korsnäs Project in Finland
European Resources logs 31.5m at Korsnäs with 4,902ppm TREO (NdPr-enriched); southern target validated, spotlighting Korsnäs as Europe’s REE hub.

Nordic Resources Extends Kopsa Gold Mineralisation Further North
Nordic Resources (ASX: NNL) extends Kopsa gold-copper mineralisation north, outside the MRE, with drill results and potential resource growth; A$12m cash.

Stellar Resources Boosts Heemskirk Tin Inventory Above 100,000t with Queen Hill MRE Increase
Stellar Resources lifts Queen Hill MRE 41%, pushing Heemskirk tin inventory above 100,000t across Heemskirk and St Dizier, highlighting a high-grade tin asset.

Horizon Gold Improves Gum Creek Resource Potential with High-Grade Gold Hits at Kingfisher
Horizon Gold uncovers high-grade Kingfisher hits at Gum Creek, 4m @11.35 g/t Au incl 1m @42.2 g/t, signaling open resource growth into 2026 feasibility plan.

Minerals 260 Secures $220m Funding Package with Franco-Nevada to Accelerate Bullabulling Gold Project
Minerals 260 secures $220m Franco-Nevada funding to fast-track Bullabulling; royalty rises to 2.45%, $50m equity, accelerating DFS and maiden reserve in WA.

Barton Gold Distributes $643,183 in JMEI Tax Credits to Eligible Investors
Barton Gold (ASX: BGD) distributes $643,183 in JMEI tax credits to May placement investors, signaling tax-advantaged returns and ongoing exploration funding.

Forrestania Resources Moving Quickly on Nickel-to-Gold Conversion of Lake Johnston Processing Facility
Forrestania Resources (ASX: FRS) speeds nickel-to-gold Lake Johnston conversion with a $5m Polaris contract; 25-week path to gold production.

Eclipse Metals Eyes Phase 2 Testing After Promising REE Project Metallurgy
Eclipse Metals Eyes Phase 2 testing after Phase 1 WHIMS shows strong magnetic amenability at Greenland REE; licence renewed, US strategy boosts Western supply.

Recharge Metals Acquires Sunset Well Gold Project, Raises $3.75m to Fund Drilling
Recharge Metals (ASX: REC) to acquire Sunset Well gold project in WA, raises $3.75m for drilling; near-term catalysts as Prospero targets unlock upside.