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

Challenger Gold Launches New Roadmap to First Production at Hualilán Project
Challenger Gold maps a 2029 first production at Hualilán with US$267m capex, US$1.1b NPV, 35% IRR; 35,000m drilling to grow resources.
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Lode Resources Adds High-Grade Tin and Copper Discovery at Montezuma Project
Lode Resources reports high-grade tin-copper-silver lode at Montezuma; Moores Lode assays: 0.5m @ 7.3% Sn, 6.8% Cu, 863 g/t Ag.

St Barbara to Sell New Simberi Gold Project to China’s Lingbao Group
St Barbara to sell New Simberi to Lingbao for $453m; unlocks value via royalties, plus potential dividend; focus shifts to Touquoy, Nova Scotia.

Manuka Resources Delivers High-Grade Gold Results at Pipeline Ridge
Manuka Resources reports high-grade gold at Pipeline Ridge: 32m @7.98 g/t, 8m @12.96 g/t; maiden resource due 2026, potential Wonawinta feed.

Cobre Secures Third-Party Ore to Boost Output at Sierra Atacama Plant in Chile
Cobre signs Chile ore deals to add ~300t Cu/month at Sierra Atacama from Q4 2026, boosting plant utilisation and cash flow ahead of 2027 open-pit expansion.

PolarX Reports 9.8% Copper as Caribou Dome Mineralisation Extends Deeper
PolarX hits 9.8% Cu over 24.8m at Caribou Dome, Alaska; mineralisation extends ~170m deeper, raising potential MRE uplift.

Bannerman Energy Launches Underwritten Placement to Fully Fund Etango Uranium Project
Bannerman Energy launches $124m underwritten placement for Etango uranium project, advancing CNNC Overseas JV; CNOL deal due in Sept, construction in Q4 2026.

EV Resources Moves into Tecomatlán PoC Campaign Targeting Antimony Concentrate Production
EV Resources kicks off Tecomatlán PoC with first 200 dry tonnes of antimony ore delivered ahead of crushing tests.

Greenvale Energy Engages SAMI Bitumen Technologies for Broader Alpha Torbanite Testing Program
Greenvale Energy expands Alpha testing with SAMI to target paving-grade bitumen; eight-week trials aim to unlock Alpha value.

Viridis Mining and Minerals Finalises BNDES Funding Deal for Brazilian Interests
Viridis wins US$15m BNDES loan for Brazil rare-earth CPTR demo, trimming Colossus debt to US$280m; 16-year tenor, ~4.8% annual rate.

Caspin Resources Identifies High-Grade Tin-Tungsten Target at Bygoo’s Taylors Hill
Caspin Resources uncovers a high-grade tin-tungsten target at Taylors Hill, Bygoo, with historic hits and an 800m tungsten anomaly; drilling ahead.

Brazilian Rare Earths Commissions Pilot Plant after Stage II Co-Funding Secured
Brazilian Rare Earths commissions Stage I pilot at Camaçari; secures A$1.7m co-funding for Stage II pilot, eyeing NdPr oxide and uranium; 2027 output in sight.