Mining & Resources
Latest news, analysis, and insights from ASX mining & resources companies
VHM Refreshes Goschen Project DFS with Updated Costs and Returns
VHM's Goschen DFS refresh: A$807m pre-tax NPV, 33% IRR and a 3-year payback; capex A$283m, funding A$482m, boosting Australia's rare-earth supply chain.
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Iltani Resources Extends High-Grade Orient West Continuity with Infill Drilling
Iltani Resources extends Orient West continuity with high-grade infill RC results, backing an updated MRE by Q4 2026.
Anson Resources Completes Environmental Survey Ahead of Yellow Cat Drilling
Anson Resources completes environmental surveys for Yellow Cat ahead of Phase 2 drilling; targets maiden JORC resource as assays flow early next year.
Tesoro Gold Establishes 1.28Moz Maiden Ore Reserve at Chilean Ternera Deposit
Tesoro Gold unveils 1.28 Moz Ore Reserve at Ternera, Chile (42.8 Mt @ 0.93 g/t). NPV US$994m, IRR 57%, payback 17 months; El Zorro Feasibility under way.
Viking Mines Identifies Wide Scheelite Intercepts in Maiden Linka RC Drill Program
Viking Mines uncovers wide scheelite zones in maiden Linka RC drill, Nevada; 22m visible scheelite in 24m horizon; assays due Sept–Oct as drilling advances.
Altair Minerals Adds New Adjoining Permits to Greater Oko Project in Guyana
Altair Minerals expands Greater Oko with 29 km2 adjoining permits in Guyana, lifting Oko Shear strike to ~18 km; immediate drilling planned.
Mount Ridley Mines Improves Selectro Scandium Recoveries with Lower Reagent Dose
Mount Ridley hits record scandium recoveries: 91.8% at half reagent dose via Selectro, with heavy REE ~84% and light REE ~77% at Grass Patch.
Prospect Resources Expands Nyungu Central Drilling after High-Grade Copper Hits
Prospect Resources expands Nyungu Central Phase 3 drilling after high-grade copper hits, including 27m at 0.69% Cu, boosting resource potential.
Tolu Minerals Boosts Tolukuma Gold Mine MRE by 81% Ahead of Planned Restart
Tolu Minerals lifts Tolukuma MRE 81% to 4.31 Mt at 6.57 g/t gold (909koz) and 3.9 Moz silver; total inventory 1.04 Moz as restart planned early next year.
Lake Resources Harnessing Direct Extraction Technology in Argentina’s Lithium Triangle
Lake Resources taps Lilac's direct extraction at Kachi, delivering 80-90% Li recovery and battery-grade >99.8% purity, accelerating supply in Lithium Triangle.
Auric Mining Acquires $1.2m Fixed Plant Package for Burbanks Gold Mill Refurbishment
Auric Mining inks $1.2m fixed-plant deal to restart Burbanks, slashing capex and accelerating 2027 recommission.
Tungsten Mining Achieves 65.9% Concentrate Grade in Samples from Watershed Project
Tungsten Mining hits 65.9% tungsten oxide grade from Watershed samples; pilot testing advances as offtake talks quicken ahead of year-end feasibility decision.