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

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.
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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.

Sentinel Metals Delivers Broad High-Grade Gold Hit in Maiden Columbia Hole
Sentinel Metals hits broad maiden Columbia gold intercept: 46.8m @5.5 g/t, incl. 13.5m @16.6 g/t; system extends into fresh rock, re-drill planned.

Litchfield Minerals Identifies Additional Anomalies with IP Survey at Silver Valley
Litchfield Minerals IP survey at Silver Valley reveals western chargeability, prompting plan overhaul and targeted follow-up work.

Lake Resources Enters Public Consultation Phase for Kachi Lithium Brine Project
Lake Resources enters final public consultation for Kachi lithium project, a key milestone toward the environmental impact declaration.

Connected Minerals Moves Bailundo Carbonatite Project into Resource Drilling Phase
Connected Minerals kicks off ~6,000m RC/DD drilling at Bailundo carbonatite to test niobium and REE targets ahead of a maiden resource.

Austral Resources Australia Receives QIC Royalty Financing to Plan Rocklands Expansion
Austral Resources secures $15m QCMF royalty for Stage 2 Rocklands expansion, targeting 4.5-6 Mtpa copper; non-dilutive funding preserves equity.