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

First Graphene Buys MITO Material Solutions In US Expansion Push
First Graphene to acquire MITO Material Solutions for up to $850k, expanding US footprint with functionalised graphene and manufacturing capability.
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Austral Resources Continues to Advance Rocklands Copper Mine Refurbishment
Austral Resources moves closer to Rocklands restart as refurbishment stays on schedule and within budget, SAG mill secured, capex kept lower.

Advance Metals Intersects Broad High-Grade Silver Zone in Maiden Drilling at Gavilanes Project
Advance Metals hits broad high-grade silver zone in maiden Gavilanes drill; early results underpin a late-2026 resource upgrade and Mexico growth plan.

Verity Resources Reports 97% Gold Recoveries from Metallurgical Testing of Waihi Samples
Verity Resources hits ~97% gold recovery from Waihi tests, de-risking Monument, confirming unified gravity-plus-CN processing for Korong/Waihi.

Cygnus Metals Backs $232m Takeover Proposal from Central Asia Metals
Cygnus Metals board backs $232m Central Asia Metals takeover via all-scrip scheme, a 60% premium; 0.06 CAML per CY5 share, directors back the scheme.

Ardea Resources Extends Kalgoorlie Nickel Project DFS Timeline
Ardea Resources extends Kalgoorlie Nickel Project DFS timeline for Goongarrie Hub beyond 30 June; consortium-funded, $98.5m budget; updates coming in months.

Litchfield Minerals Identifies Thick Copper-Zinc Zones in Phase 3 Drilling at Oonagalabi Project
Litchfield Minerals identifies thick copper-zinc zones at Oonagalabi in Phase 3 drilling; best intercept 68m at 0.62% Cu, 1.44% Zn, 4.3 g/t Ag.

Dreadnought Resources Reports Final Assays from Resource Extension Drilling at Metzke’s Find
Dreadnought Resources extends Metzke's Find with 150m strike extension; high-grade intercepts boost upcoming resource upgrade, potential near-term production.

PMET Resources Reports Multiple LCT Pegmatite Discoveries at Quebec Properties
PMET Resources reports high-grade LCT pegmatites in Quebec; Li up to 2.94%, Cs up to 16.43%, Ta up to 3,768 ppm; PMT in focus.

EV Resources Locks in Third-Party Antimony Ore Suppliers to Feed Tecomatlán Processing Plant
EV Resources inks four non-binding ore-supply deals for Tecomatlán, securing ~2,430 tpm (60% of capacity) and de-risking near-term production.

Carnaby Resources Identifies High-Grade Miniboom Copper Discovery within Greater Duchess Project
Carnaby Resources hits high-grade Miniboom copper at Mount Hope; 232m @ 1.3% CuEq incl 65m @ 2.9% CuEq, boosting Greater Duchess upside and Trek 2 potential.

Many Peaks Minerals to Focus on Priority Gold Targets with Drilling at Odienné and Ferké Projects
Many Peaks Minerals mobilises two more rigs for 60,000m drilling at Odienné & Ferké, eyeing a 1.32 Moz Ouarigue upgrade and new gold zones by year-end.