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

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.
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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.

Barton Gold Raises $25.5m to Fund Hub-and-Spoke Development Strategy across South Australian Projects
Barton Gold to raise $25.5m via $0.85 share placement to fund hub-and-spoke SA projects; 11.1% dilution, milestones at Challenger, Tunkillia and Tolmer.

Gorilla Gold Mines to Expand Drilling after Intersecting Further High-Grade Gold at Sovereign
Gorilla Gold expands Sovereign drilling after high-grade hits (3.8m @ 21.0 g/t; 2.1m @ 24.8 g/t), eyeing >2.5km strike as five rigs operate.

Argosy Minerals Boosts DFS Progress with 99% Lithium Purity Result at Rincon Pilot
Argosy Minerals hits 99% LiCl purity and 94.4% lithium yield in Rincon pilot, de-risking DFS and advancing toward 12,000 tpa production.

Xpedra Resources Extends Shallow Gold System with RC Drilling at Springfield
Xpedra Resources expands Springfield gold system with wide shallow RC hits; 52m at 1.35 g/t incl 11m at 3.03 g/t, hinting at near-surface gold zone.

EV Resources Moves Closer to Near-Term Antimony Production with Tecomatlán Permit Milestone
EV Resources gains Tecomatlán soil-use permit, accelerating near-term antimony production as grid interconnection clears for 2H2026 concentrate start.

Galan Produces First Batch of Processed Lithium Chloride from HMW Project
Galan Lithium produces first processed lithium chloride batch at HMW, validating nanofiltration; Phase 1 offtake ready, ramp to 4,000 tpa LCE underway.