Mining & Resources
Latest news, analysis, and insights from ASX mining & resources companies
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.
Latest Stories — SECTOR DESK
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.
Sunstone Metals Intersects Wide Gold-Copper Zones at Porotillo, Boosting Resource Potential
Sunstone Metals hits 200m and 151m gold-copper zones at Porotillo, extending mineralisation to 480m and boosting H2 2026 JORC resource upgrade plans.
Forrestania Resources Surpasses 1 Moz Gold Resource Milestone with MacPhersons MRE Update
Forrestania Resources surpasses 1 Moz gold resource after MacPhersons MRE update; now 1,007,800 oz Au across 25.7 Mt at 1.22 g/t.
Venus Metals Sells Youanmi Project Gold Smelter Royalty for $46m
Venus Metals sells 1% Youanmi NSR for $46m to Franco-Nevada, paving ~$0.221 per share in special dividends (cash plus Rox in-specie) to shareholders.
Alma Metals Unlocking Porphyry Copper Scale Amid a Structural Supply Deficit
Alma Metals wins funding boost as Briggs porphyry scales up; $4M raise oversubscribed, 70% stake on track amid Indicated resource upgrade.