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

Eclipse Metals Eyes Phase 2 Testing After Promising REE Project Metallurgy
Eclipse Metals Eyes Phase 2 testing after Phase 1 WHIMS shows strong magnetic amenability at Greenland REE; licence renewed, US strategy boosts Western supply.
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Recharge Metals Acquires Sunset Well Gold Project, Raises $3.75m to Fund Drilling
Recharge Metals (ASX: REC) to acquire Sunset Well gold project in WA, raises $3.75m for drilling; near-term catalysts as Prospero targets unlock upside.

Impact Minerals Ships First HiPurA Alumina Samples to C4V from Alluminous Pilot Plant
Impact Minerals (ASX: IPT) ships ~15 kg HiPurA alumina from Alluminous pilot to C4V in the US for initial testing, advancing battery-material qualification.

Asara Resources Hits 54m at 2.3 g/t Gold in Guinea, Extends High-Grade Corridor
Asara Resources hits 54m at 2.3 g/t Au at Kada Gold Project, Guinea, extending a high-grade corridor and boosting resource growth prospects; ASX: AS1.

Kachi: Powering the Green Transition with Sustainable Lithium from Argentina
Lake Resources (ASX: LKE) trims Kachi capex 16%, cites robust economics: US$1.469b NPV10, 22.5% IRR, 11.1 Mt LCE resource via DLE.

Tungsten Mining Raises $53m to Accelerate Feasibility Studies at Mt Mulgine Project
Tungsten Mining raises $53m to fast-track Mt Mulgine feasibility studies; oversubscribed placement signals strong investor confidence and near-term FID. ASX: TGN

Zenith Minerals Expands Consolidated Dulcie Gold Project with New Mining Lease
Zenith Minerals expands the Dulcie gold system with a $1.45m purchase of adjacent M77/599 lease, 2% NSR, boosting the 675koz maiden resource and upside.

Peninsula Energy on Track to Meet Forecast Production Guidance from Lance Uranium Project Restart
Peninsula Energy (ASX: PEN) on track to meet 0.5 million pounds uranium forecast from Lance restart as MU-4 ramp-up and CPP commissioning advances.

Mitchell Services Flags Strong 1H26 Profit, Advances Loop Decarbonisation
Mitchell Services 1H26: NPAT $8.1m, EBITDA $21.4m (up 69%), net cash $7.2m; Sumitomo to acquire up to 25% of Loop Decarbonisation; 4c dividend.

Magnum Mining Confirms Ionic Adsorption Clay Discovery at Azimuth Project
Magnum Mining (ASX: MGU) confirms ionic adsorption clay discovery at Azimuth, boosting Brazilian REE assets; also completes US Wet Mountain REE acquisition.

Osmond Resources Reports High-Grade Assays from Zone 3 Drilling at Orión EU Critical Minerals Project
Osmond Resources (ASX: OSM) reports high-grade Zone 3 assays at Orión EU, expanding potential for titanium, zircon and TREO; fast-tracking development.

American West Metals Taps US Government Advisor for Critical West Desert Indium Project
American West Metals taps US government advisor to advance West Desert indium, targeting Defense Production Act funding and a US mine-to-market supply chain.