Public Company News

BMG Resources has sharpened its edge by hiring a seasoned mining executive as general manager to oversee project development and help steer the company's Abercromby gold project in WA's Agnew-Wiluna greenstone belt towards the earliest possible production timeline. Gareth McArthur has landed with 25 years of mining credentials, including project leadership across operational, technical and construction roles at Rio Tinto and smaller developers in WA.

Aurum Resources has delivered a whopping resource upgrade at its Boundiali gold project in West Africa, increasing the total gold for the project to 3.03 million ounces at one gram per tonne gold. The total resource has grown 26 per cent to 99.7 million tonnes at 1.0g/t gold, driven by infill and extension drilling at the company's BST1, BDT2, BDT3 and BMT3 deposits.

Consolidation seems to be an ever-increasing choice taken by small caps seeking a path to value creation. But it's worth noting crunching shares does nothing to fix a weak business - it merely changes the denominator. Having done a deep dive into the impact of consolidation, or reverse split research and live ASX examples, Dollar Bill unpacks why most resets underperform and what boards must get right if they want structure to amplify strategy.

The Bulls N' Bears ASX Runner of the Week is… Recharge Metals, which snapped up the Sunset Well project in the heart of WA's Leonora district complete with 94,500-ounces of gold. Cosmos Exploration muscled into Bolivia's lithium big leagues via its EAU tie-up with state-owned YLB and exclusive access to Vulcan's VULSORB lithium extraction technology, while King River Resources dusted off the historic Mindoolah goldfield in WA's Murchison belt, chasing high-grade reefs the old-timers left behind with modern rigs and a roaring gold price at its back.

Peninsula Energy has confirmed its Lance uranium project in Wyoming, USA, remains on track to meet its production guidance of 400,000 to 500,000 pounds of yellowcake this year. The central processing plant's capacity of 2 million pounds of uranium oxide per year and the company's strong progress in developing its Mine Unit 4 are expected to deliver around 60 per cent of forecast output in 2026 and 2027.

Chariot Resources has signed a binding A$1.425m placement with a big Chinese battery metals firm at 15c a share, as talks advance on project-level funding and offtakes for its Nigerian lithium portfolio. Chariot's Nigerian lithium projects are showing big lithium oxide sample grades at surface, going five to six per cent lithium oxide that scream “drill here”.

Great Southern Mining is readying the drill bit for its Mon Ami gold project in Western Australia, with the company identifying multiple targets for resource extension at the mine-ready prospect. The company has initiated a detailed technical review of Mon Ami to speed up exploration that could lift the existing 55,500-ounce deposit, grading a handy 1.11 grams per tonne gold.

In an exceptional start to the year, St George Mining has pulled in its thickest intercept yet at the company's Araxá project in Brazil, with high-grade assays returning up to 17.15 per cent total rare earth oxides and 4 per cent niobium. With drilling continuing around the clock and the current mineral resource estimate modelled to just 100 metres, the next wave of results could be every bit as impressive.

Neometals Limited has unearthed a fresh copper hotspot at its fully owned Barrambie gold project near Sandstone in WA. Recent surface rock-chip and grab sampling has confirmed high-grade copper grades up to 24.4 per cent copper at the historic Rinaldi workings. Historic production at Rinaldi in 1944 and between 1956 and 1961 delivered about 1407 tonnes at 9.8 per cent copper.

American West Metals has bolstered its US critical minerals push by hiring a top Washington advisory firm to steer the company's West Desert project into becoming the nation's first end-to-end indium supplier. The newly appointed Ervin Graves Strategy Group is a heavyweight in government relations, a move set to deepen the company's ties with US agencies and potential downstream partners.

King River Resources has struck a high-grade chord in WA's Murchison, locking in an option over the historic Mindoolah goldfield where abundant gold occurrences remain untested.

Horizon Minerals has thrown the switch on a serious gold growth plan after scoping studies confirmed its Black Swan processing hub near Kalgoorlie could churn out more than 100,000 ounces a year. With strong economics, a short payback period and fresh funding locked in, the company is lining up to transform legacy infrastructure into a new WA gold powerhouse.