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

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.
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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.

GreenX Metals Defines Large Copper-Silver Exploration Target at Tannenberg
GreenX Metals defines a large Tannenberg copper-silver target (144–279 Mt at 0.9–1.4% Cu; 15–21 g/t Ag), launching its field exploration push.

Minbos Resources Advances Cabinda Project with First US$4.8m Drawdown and Fully Funded Construction
Minbos Resources advances Cabinda with US$4.8m drawdown of a US$16m IDC facility; Phase 1 finished and project now fully funded, Phase 2 near execution.

Barton Gold Delivers High-Grade Assays from Phase 2 Drilling at Tunkillia’s Area 51
Barton Gold delivers high-grade Phase 2 assays at Tunkillia Area 51, signaling resource growth and longer mine life ahead of year-end PFS

Sovereign Metals Identifies Monazite and Heavy Rare Earth Elements across Kasiya Rutile-Graphite Project
Sovereign finds monazite and heavy REEs across Kasiya pits, with high Dy-Tb and Y; monazite by-product could add revenue with near-zero capex.