Perpetual Resources Confirms Battery Metals Pegmatites in Brazil’s Lithium Valley
Perpetual Resources confirmed a coherent pegmatite trend at its Mauricio target within Brazil’s Minas Gerais "Lithium Valley" after completing 196 m of trenching across four trenches. The trenching revealed pegmatite continuity over at least 167 m of strike, with thicknesses ranging from 2 m to 11 m. Assay results from 40 channel samples are pending, but the geological evidence has prompted the company to schedule diamond drilling for mid‑2026. The project sits in the Araçuaí Orogen, a world‑renowned LCT pegmatite province.
Koonenberry Grows District-Scale Potential at Enmore with Queen of Sheba Rock Chips
Koonenberry Gold (ASX:KNB) is fast‑tracking approvals to drill the Queen of Sheba prospect after rock chips delivered a peak assay of 87 g/t gold, with 19 samples exceeding 5 g/t across a 700‑metre strike. The discovery adds a third parallel fault to...
Kristie Batten: Legacy on the Road to Redemption
Legacy Minerals (ASX:LGM) released a scoping study for its Mt Carrington brownfield project, projecting a $542 million AUD (≈$357 million USD) pre‑tax NPV at a gold price of A$5,950/oz and a 32% IRR. The study highlighted an exceptionally low all‑in sustaining cost of...
Resources Top 5: White Energy Powers up on Coal Build; Others Fire Across Critical and Precious Metals
White Energy announced a non‑binding term sheet to acquire the Lolley No. 1 metallurgical coal project in Alabama and the Tin Hut Creek asset in Queensland’s Surat Basin, valuing the deals at roughly $5 million and $4 million respectively, funded largely through a...
Rapid Critical Metals Starts Extensional Drilling at Webbs, Grows District-Scale Silver Footprint
Rapid Critical Metals (ASX:RCM) has launched a 15,000‑metre diamond drilling campaign at its Webbs silver project in New South Wales to test a southern extension of the main ore body and a newly identified parallel lode. The holes are collared...
Feeling Déjà Vu? Fluorspar’s Another Critical Mineral Rising to Prominence
Fluorspar, the primary source of fluorine, is emerging as a critical mineral after China shifted from a dominant exporter to a net importer, tightening global supplies. U.S. demand now exceeds domestic output, pushing metspar prices from $151 per tonne in...
Resources Top 5: Constellation Basks in WA Helium Find; Brightstar Warms to Gold Progress
Constellation Resources reported high‑grade helium and methane from a shallow drill hole in Western Australia, confirming 0.24% helium and up to 97% methane. The discovery comes as global helium supplies tighten after Middle‑East conflict disrupted Qatari output, pushing prices to...
Locksley Resources Strikes High-Grade Antimony Beneath Historical Desert Antimony Mine
Locksley Resources announced that diamond drilling at its Mojave project in California intersected high‑grade antimony beneath the historic Desert Antimony Mine. Six of eight drill holes returned significant mineralisation, highlighted by a 4‑metre interval grading 4.87% Sb and a 0.4‑metre...
Everest Metals Posts Major Upgrade to WA Critical Minerals Resource
Everest Metals announced a substantial upgrade to its Mt Edon critical minerals resource in Western Australia, increasing tonnage to 4.3 million tonnes and raising grades to 0.23% rubidium oxide and 0.1% lithium oxide. The upgrade lifts 63% of the resource into...
Koonenberry Gold Builds Camp-Scale Lachlan Fold Belt Position with Gundagai Copper-Gold Project
Koonenberry Gold (ASX:KNB) has acquired the Gundagai copper‑gold project from Gilmore Minerals, adding a camp‑scale, high‑grade target to its Lachlan Fold Belt portfolio. The tenements sit directly adjacent to KNB’s Prince of Wales, Brungle and Junee JV holdings, creating a...
Resources Top 5: Northern Minerals’ Mystery Chinese Investors Told to Sell … Again
The Australian Treasury and the Foreign Investment Review Board have issued a fourth order demanding that Chinese‑linked shareholders divest a combined 17.58% of Northern Minerals (ASX:NTU). Hong Kong Ying Tak Limited reportedly bought an additional 3.79% stake but is barred...
Godolphin Considers ASX Spin-Out for Narraburra Rare Earths as It Joins Vital US Defence Consortium
Australian junior Godolphin Resources (ASX:GRL) has joined the US Defense Industrial Base Consortium, giving its Narraburra rare earth project direct access to US defence and industrial partners. The company is reviewing a demerger that would spin out the Narraburra assets...
Critica Delivers ~97% TREO MREO at Jupiter
Critica reported that its Jupiter rare‑earth project in Western Australia produced a third mixed rare‑earth oxide (MREO) batch with approximately 97% total rare‑earth oxide (TREO) purity, up from 84‑86% in prior tests. The hydrometallurgical flowsheet optimisation also delivered magnet rare‑earth...
Mining Is Being Placed on the Frontburner in Zambia, and It’s Not Just About Copper
Zambia’s president Hakainde Hichilema is pushing a sweeping mining revival ahead of the Aug 13 election, targeting a jump from 0.64 Mt of copper to 3 Mt annually by the early 2030s. The agenda has attracted major investors, from BHP’s exploration plans to...
Kristie Batten: Power Putting New Rare Earths Project on the Fast Track
Power Minerals (ASX:PNN) completed a $6 million (≈US$4 million) acquisition of the Morro do Ferro rare‑earth project in Brazil and has appointed rare‑earth specialist Alistair Stephens as CEO. Stephens, who previously drove a small‑cap resource from a $30 million market cap to a...
Resolution on First Hole in Campaign to Define Scale of Golden Gate Tungsten and Gold
Resolution Minerals has begun the first hole of a 13,700‑meter diamond core drilling campaign at its Golden Gate project in Idaho, aiming to delineate the extent of gold and tungsten mineralisation across up to 45 holes. The program follows encouraging...
Ariana Grows Dokwe Footprint as Drilling Extends Gold Beyond Resource Boundary
Ariana Resources announced that recent reverse‑circulation (RC) drilling at its Dokwe gold project in Zimbabwe has pushed gold mineralisation at Dokwe North more than 150 m beyond the current resource envelope and remains open along strike. The best intercepts include 22 m...
Barrick’s North American Spin-Off Draws Attention to Nevada Gold Treasure
Barrick Gold announced a spin‑off of its North American operations, creating a new entity that will house its 61.5%‑owned Nevada Gold Mines and 60% stake in the Pueblo Viejo mine. The combined assets produced roughly 2 million ounces of gold in...
US Tungsten Revival Breathes Fire Into Utah’s Historical Clifton Mining District
American Tungsten & Antimony (ASX:AT4) is reviving Utah’s historic Clifton Mining District by acquiring and refurbishing the Dutch Mountain tungsten mill. The $400,000, six‑month upgrade will restore the only fully permitted U.S. tungsten processing facility, allowing AT4 to process high‑grade...
Resources Top 5: Forget Silver, Nevada’s Now the Fluorspar State
Evion Group has secured the historic Carp Fluorspar project in Nevada, a former producer of 44,900 tonnes at an average 69% CaF2 grade, positioning the ASX‑listed graphite developer as a U.S. critical‑minerals player. OD6 Metals reported a new high‑grade fluorspar...
Iron Bear Lifts Indicated Iron Ore Resource by 114pc to 4.5Bt
Iron Bear Resources announced that its flagship Labrador Trough project now holds an indicated iron ore resource of 4.5 billion tonnes, a 114% increase from the previous estimate. The resource grades 29.5% total iron and 20.6% magnetic iron, with metallurgical testwork...
Auravelle Gears up for Infill, Extensional Gold Drilling at Sheoak
Auravelle Metals is launching a new reverse‑circulation (RC) drilling campaign at its Nuckulla Hill project in South Australia to infill and extend high‑grade gold mineralisation at the Sheoak prospect. Recent RC work at Sheoak returned broad, high‑grade intervals, including 21 m...
Verity Resources Declares Maiden Gold Resource
Verity Resources announced a maiden indicated gold resource of 66,200 ounces (1.75 g/t) at its Monument project in Western Australia’s Laverton Goldfields. The resource includes a 57,000‑ounce open‑pit component and raises the total indicated‑plus‑inferred resource to 137,700 ounces. An 11,000‑metre infill...
Cheers for GoldArc as Bonanza-Grade Intercepts Confirm Scale of Cosmopolitan
GoldArc Resources’ first‑pass reverse‑circulation drilling at the historic Cosmopolitan underground mine in Western Australia delivered multiple bonanza‑grade intercepts, confirming a larger high‑grade gold system. The Main Zone returned up to 23 m at 11.31 g/t, including 2 m at 41.38 g/t and 3 m at...
ETM Scores Traxys MoU for Spanish Critical Minerals Project
Energy Transition Minerals (ETM) has signed a non‑binding memorandum of understanding with commodity trader Traxys Europe to explore a six‑year, exclusive off‑take of tin, tantalum and niobium concentrates from the Penouta mine in Galicia, Spain. The MoU allows Traxys to...
Blast Off for Star as Tumblegum South Mining Starts
Star Minerals (ASX:SMS) has fired the first blast at its Tumblegum South project in Western Australia, moving the mine from development into active extraction. The partnership with MEGA Resources includes a 50/50 profit split and a Right‑to‑Mine agreement that covers...
Resources Top 5: Chilean Project Strikes a Chord with FMR; WA in Tune for Pure and Rincon
FMR Resources has consolidated several concessions into the wholly‑owned La Lorena copper‑gold project in Chile, a 9 km × 6 km parcel within a prolific Eocene magmatic belt that hosts world‑class deposits like Escondida. High‑grade chip samples of up to 4.11% Cu and 2.42%...
OzAurum Eyes Bigger Resource at Mulgabbie North on Strong RC Drilling Results
OzAurum Resources reported strong results from its second batch of reverse‑circulation (RC) drilling at the Mulgabbie North paleochannel project in Western Australia. The campaign tested 84 holes over 3,024 m, confirming high‑grade, near‑surface gold mineralisation and extending the known strike to...
Riversgold Expands Northern Zone Gold Package by 20pc
Riversgold has signed a binding agreement to acquire 100% of granted tenement P25/2850, expanding its Kalgoorlie Northern Zone footprint by 20% to a total of 10.22 km². The acquisition, priced at A$75,000 (≈ $50,000 USD) plus GST and a 2% royalty, adds land...
Green & Gold Minerals Rock Chips Flag Mt Gossan and Siberia as Choice Drilling Areas
Green & Gold Minerals reported exceptionally high‑grade rock chip assays from its Mt Gossan and Siberia prospects within the Herberton Conductor Metals project in North Queensland. Samples returned up to 24% copper, 126 g/t silver and 576 g/t indium, indicating a multi‑metal...
A New Dawn: Japan and Australia Make It Officially Critical
Japan and Australia formalised a strategic partnership on critical minerals, designating six joint projects as strategically important in a May 4 agreement. The deal highlights key Australian assets—including Lynas Rare Earths, Alcoa’s gallium recovery, Ardea’s nickel‑cobalt hub, and others—backed by Japanese...
Argonaut Rates Uranium Explorer Alligator Energy with a Speculative Buy
Argonaut Equity Research has initiated coverage of Alligator Energy (AGE) with a speculative buy rating and a 7 cents per share price target, above the current ~4.2 c share price. The firm’s focus is the Samphire uranium project in South Australia, which...
WA Gold Sets Stage for Near-Term Production at Abercromby as Hunt for Ounces Accelerates
WA Gold Limited is advancing its wholly‑owned Abercromby gold project in Western Australia toward near‑term production. A recent scoping study proposes a low‑cost, staged development—starting with a two‑year open pit followed by a 2.5‑year underground operation—delivering about 114,000 ounces of...
The World’s Next Gold Rush: How Explorers Can Play a Role in the New Saudi Arabia
Saudi Arabia is accelerating its mining sector under Vision 2030, treating minerals as a third pillar of growth to reduce oil dependence. The Kingdom’s mineral endowment is now valued at roughly $2.5 trillion, with mining licences surging 220% in 2025 and $11.7 bn...
Gold Digger: As War Rolls on, Investors Are Getting Back Into Gold ETFs
Gold ETFs saw a strong rebound in April, pulling in $6.6 bn of new capital, with Europe contributing $3.7 bn and the United States adding $1 bn after March’s massive outflows. Total physically‑backed gold ETF holdings rose 1% month‑on‑month to 4,137 t, just shy...
Altitude Pinpoints Three Priority Copper-Gold Targets at Byrock Ahead of Drilling
Altitude Minerals announced three priority copper‑gold porphyry targets at its Byrock project in New South Wales, identified through new gravity, passive seismic, 2025 magnetics and alteration studies. The company has secured drill permits and an RC rig, with drilling slated...
Resources Top 5: Goldies Strike – Mamba Extends Meeka East Trend; Asara Raises $60m
Mamba Exploration’s soil sampling extended the Meeka East gold strike to roughly 20 km, linking it to Great Boulder Resources’ Mulga Bill trend and securing half of its $180,000 drill budget through a WA incentive. Asara Resources raised AUD 60 million (≈US$40 million) to...
Monsters of Rock: Albemarle Rides Lithium Turnaround to Print Cash in March Quarter
Albemarle posted a 670% year‑over‑year profit surge in the March quarter, propelled by a dramatic rebound in lithium prices and higher production volumes. Spodumene prices have risen above $2,750 per tonne, with UBS forecasting a peak of $4,250 per tonne...
West Coast Outlines Pathway to Potential Near-Term Development at Elizabeth Hill Following Maiden Silver MRE
West Coast Silver (ASX:WCE) announced a development roadmap for its Elizabeth Hill silver project in Western Australia after releasing a maiden resource estimate of 2.8 Moz contained silver (141,000 t at 617 g/t). The plan focuses on rapid de‑risking, low‑capital open‑pit mining and...
Aussie Miners Get Inside Track Into US Defence Supply Chain with DIBC Listing
The U.S. Department of Defense launched the Defense Industrial Base Consortium (DIBC) in 2024 to fast‑track defence‑critical research and reduce reliance on foreign critical minerals. Membership, now 1,755 strong, has been opened to Australian, Canadian and UK firms, giving them...
Moonlight Extends Leo Grande Mineralised Trend with Broad, Shallow Gold Hits
Moonlight Resources reported broad, shallow gold intercepts from phase‑2 RC drilling along the Leo Grande trend at its Clermont project in Queensland. Highlights include 42 m at 1.01 g/t Au from surface in the south‑eastern extension and 18 m at 1.55 g/t Au from...
MinRex Launches Exploration Push in Serbia’s Copper-Gold Hotspot
MinRex Resources, fresh from its merger with Canadian explorer Electrum Discovery, is accelerating exploration in Serbia’s copper‑gold corridor. The company now controls the Tlamino project, which hosts a non‑JORC 670,000‑ounce gold‑equivalent resource, and the Timok East tenure, a porphyry‑epithermal target...
Land Access Pact Unlocks Path to BOA Drilling at Neds Creek in Copper Hotspot
BOA Resources secured a heritage protection agreement with the Gingirana People, clearing the final land‑access hurdle for its Neds Creek copper tenements in Western Australia’s Murchison belt. The deal follows a prior pact with the Yugunga‑Nya group and unlocks heritage...
GreenTech Drilling Hits New PGE Mineralisation, Sets Scene for More Munni Munni Growth
GreenTech Metals announced Phase 1 drilling at its Munni Munni project in Western Australia intersected thicker PGE mineralisation and uncovered shallow copper‑nickel zones. Highlights include a 12‑metre interval grading 3.13 g/t PGE3 with 0.3% copper and 0.17% nickel, and twin‑hole data that...
Mount Hope Opens Door to Toll Treatment Options with Mt Solitary Gold Leach Success
Mount Hope Mining confirmed that its Mt Solitary gold deposit in NSW’s Cobar Basin is highly amenable to cyanide leaching, achieving an average 88% gold solubility across 234 samples. The consistency of recovery—from surface material to fresh rock at 140 m...
Analyst Triples Target on Terra Metals to 84c, Tipping 205pc Upside
East Coast Research has tripled its price target for Australian PGM junior Terra Metals to 84 cents, implying a 205% upside from the current 32c price. The upgrade follows a high‑grade Southwest discovery at the Dante project, which returned a peak...
Ark Mines Eyes Gold Credit Upside From Shallow Sandy Mitchell Drilling
Ark Mines (ASX: AHK) reported shallow gold intersections from paleochannel drilling at its Sandy Mitchell rare‑earth project in northern Queensland. Assays showed up to 0.27 g/t gold over one‑metre intervals, which gravity concentration raised to as high as 4.5 g/t. The company...
Inside Xplor: The Juniors Reaping the Rewards of BHP’s Exploration Accelerator
BHP’s Xplor exploration accelerator entered its fourth year with a record‑size 2026 cohort of ten companies, spanning junior miners, AI‑driven platforms and a DNA‑sequencing startup. The group gathered in Adelaide for intensive workshops and a site visit to the Olympic Dam...
Resources Top 5: Caprice Soars 67% on Bonanza Gold, Redcastle Closes in on Production
Caprice Resources announced a bonanza‑grade gold intercept at its Island project in Western Australia, with a 22‑metre section averaging 66.2 g/t Au and an 8‑metre zone of 181 g/t, sending the stock up 67%. Redcastle Resources secured a Mining Development and Closure...
Final Rosewood East Assays Set PTR up for Maiden Titanium Resource
PTR Minerals reported the final assay results from its Rosewood East drilling program, highlighting a 9‑metre interval grading 18.2% heavy minerals from 8 m depth and a 21‑metre interval at 8.7% HM from 3 m. The results confirm shallow, thick, high‑grade titanium...