West Wits Mining image illustrating underground drilling of the Kimberley Reef ore body, in the Qala Shallows mine. West Wits Mining (ASX: WWI) has locked in a key new strategic tenement which should lay the groundwork for the long-term expansion of operations at its new Qala Shallows Kimberley Reefs underground gold mine near Johannesburg in South Africa’s famed Witwatersrand Basin. At Qala Shallows the company has commenced mining the upper reaches of the Kimberley Reefs o

Venus Metals drilling for resource infill and extensions and new targets at its Bellchambers gold project near Sandstone WA’s Goldfields. Credit: File Venus Metals Corporation (ASX: VMC) has kicked off preparations for a pre-feasibility study (PFS) over its Bellchambers gold project, about 23 kilometres southwest of Sandstone and 70km northeast of the historic Youanmi gold project in Western Australia. The Bellchambers gold deposit occupies a 415 hectare granted mining lease

The Santa rally – real or imagined? Credit: File Bulls N’ Bears’ Dollar Bill was splayed out on the chesterfield at the Club holding high court when he heard an occasionally sensible bloke drain his glass and then offer an explanation on the ASX’s recent strength - and his expectation of more to come. With a straight face he said, “You can bet on the Santa Claus rally, particularly when Jupiter is in a favourable position.” Jupiter? Favourable position? Dollar Bill has heard

Dollar Bill: The algorithm ate my broker – but should it? Credit: File Bulls N’ Bears Dollar Bill has enjoyed (but often ignored) the advice of the same broker for nearly thirty years. George was an old university friend and never much good at anything but somehow turned a shared love of cheap wine and bad poetry in the back room of the Club into a career dispensing financial advice to a tight circle of members. None of us really cared that he was a Muppet, because he was our

Dateline Resources’ 1.1 million ounce Colosseum gold mine in San Bernadino County in California, USA. Credit: File Dateline Resources (ASX: DTR) has taken a major step forward in de-risking its fully-owned 1.1 million ounce Colosseum gold and rare earths project in California via the execution of an option agreement that secures critical water rights and near-mine infrastructure. The agreement provides access to approximately 27 acres of paved industrial land at the base of C

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Bulls N' Bears Mining & Exploration Chronicle 528 has been unearthed Bulls N' Bears Mining & Exploration Chronicle 528 has been unearthed! Read it here: https://tinyurl.com/mvw68fkt Subscribe to get it emailed directly to your inbox. https://bit.ly/46LCixx https://www.bullsnbears.com.au/bulls-n-bears-content/tags/red-metal-ltd-rdm #MiningNews #ASX #BullsNBearsWA #TheWestAustralian #BullsNBearsChronicle Today's edition features: #DollarBill $VMM #ViridisMiningAndMinerals...

Horizon Minerals has pushed back its Black Swan plant conversion feasibility study near Kalgoorlie into the new year, opting to reassess project economics amid record gold prices.

Kalamazoo Resources has pushed its 1.44-million-ounce Ashburton gold project forward with the appointment of an experienced project lead to drive the company’s Mt Olympus pre-feasibility study in WA’s Pilbara.

Infini Resources has boosted its strategic landholding in Newfoundland, Canada, scooping up two additional blocks at its flagship Portland Creek uranium project.

Proteomics International, a precision diagnostics pioneer, has achieved a key milestone in the US, with the accreditation of its Californian reference laboratory by the College of American Pathologists.

Forrestania Resources is set to acquire the Lake Johnston nickel processing plant, which it plans to convert into a gold treatment facility. Credit: File Forrestania Resources (ASX: FRS) has moved to consummate its friendly takeover of Kula Gold (ASX: KGD) , declaring the company’s off-market offer unconditional and extending the closing date as the two gold explorers stitch together a combined Western Australian portfolio. The declaration removes the remaining conditions ar

Aguia Resources diamond drill rig in operation at its Santa Barbara gold mine in Colombia. Credit: File Aguia Resources (ASX: AGR) has put the broom through its Santa Barbara gold operation in Colombia, slashing site headcount to twenty-five people, switching to one-shift batch processing and lifting December recoveries to about 70 per cent. The company says December gold sales will be about $120,000, with an average realised gold price of $5,949 per ounce and sales and marg

Infini Resources prepares a helicopter-supported electromagnetic survey. Credit: File Infini Resources (ASX: I88) has hit high-grade primary uraninite mineralisation, confirming a fertile uranium system at its Reitenbach Lake project near the world-class uranium-rich Athabasca Basin in Saskatchewan, Canada. A standout high-grade rock chip assayed 1.90 per cent uraninite at the company’s Titus prospect, mirroring the results of an earlier electro-magnetic (EM) survey and prov

H3 Energy’s Warro gas field in Western Australia was first drilled in 2009. H3 Energy (ASX: H3E) appears to have positioned itself squarely in the path of a tightening gas market, with Western Australia staring down the barrel of a domestic gas shortfall from 2028, according to the regulator. Australia’s energy market umpire, AEMO, has flagged a material supply gap opening in the WA gas market from 2028 and widening into the 2030s, setting the scene for higher prices and a s

ADX Energy’s Welchau-1 gas discovery in Austria will be flow tested in February. Credit: File ADX Energy (ASX: ADX) has lined up a busy start to 2026 in Austria, with flow testing at its Welchau-1 discovery set to restart in February as the company finalises preparations for up to three shallow gas wells that could be drilled as early as next year. The Perth-based junior says planning, permitting and contracting are now largely complete for the next phase of operations in Up

Kary Zone Column Leach tests from Red Metal Limited’s Sybella rare earths project in Queensland. Fine chips from crushing bind to the coarser fragments, helping to maintain a high permeability in the column. Credit: File Red Metal Limited (ASX: RDM) has stepped up metallurgical work at its Sybella rare earths project in northwest Queensland, with large-scale weak-acid column heap leach tests now underway on coarsely crushed granite-hosted ore. The test program is designed to

Larvotto Resources’ mining contractor, PYBAR Mining Services, entering the Metz underground mine portal to begin underground development. Larvotto Resources (ASX: LRV) has kicked off underground mining at its 100%-owned historic Hillgrove gold-antimony project near Armidale in New South Wales, marking a major milestone in the restart of operations, which have been largely dormant since 2016, following a collapse in the price of antimony. Mining contractor PYBAR Mining Servic

Reach Resources rock chip samples ready for bagging and despatch to the laboratory at its Murchison South project in WA. Credit: File ASX-listed Reach Resources (ASX: RR1) has wrapped up a chunky infill and extensional drilling campaign at its Murchison South gold project near Payne’s Find in Western Australia. The company said it has completed 48 reverse circulation (RC) holes for 5,281 metres across a suite of priority pit-scale targets, with the work aimed squarely at upg

Viridis Mining and Minerals drilling at its Colossus ionic adsorption clay-hosted rare earths project in Mina Gerais, Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) share prices leapt a whopping 39 per cent to a high of $1.39 on news of a Preliminary Environmental License (PL) for its Colossus rare earths project in Brazil. The green nod effectively clears the biggest regulatory hurdle in the project’s development path, following a unanimous vote by state author

Neometals holds an indirect 86.1 per cent interest in Novana Oy, a Finnish company, which is developing the first vanadium recovery project in the port of Pori, Finland. Credit: File Neometals (ASX: NMT) has deepened European institutional backing for its Finnish Vanadium Recovery project, securing a third tranche of funding, this time from EU-sponsored EIT RawMaterials, to keep technical work moving while project financing is stitched together. The Berlin-based raw material

Aureka Limited managing director James Gurry (right) and exploration manager Peter de Vries at one of their projects in the Victorian goldfields. Aureka Limited (ASX: AKA) has hit a new mineralised structure containing spectacular visible gold next to the company’s existing resource at its Comstock project, 125 kilometres north-northwest of Ballarat in Victoria. A remarkable array of visible gold grains was observed in drilling in a laminated quartz vein from a depth of 127.

Drill rig in action at Pacgold Limited’s St George antimony project in northern Queensland. Credit: File ASX-listed Pacgold (ASX: PGO) has kicked off maiden drilling at its St George gold-antimony project in north Queensland with early results intersecting multiple thick zones of high-grade mineralisation just below surface. The company said initial assays from the first two reverse circulation holes of a nine-hole program have confirmed extensions of high-grade antimony min

Peninsular Energy’s central uranium processing plant for phases one and two at the company’s Lance uranium project in Wyoming, USA. Credit: File Peninsula Energy Limited (ASX: PEN) , through its wholly owned subsidiary Strata Energy Inc., has announced a significant advance at its flagship Lance uranium project in Wyoming, USA. With regulatory hurdles cleared, the company has flicked the switch on acidification at header house 14, a gateway to its MU-4 deposit. The move follo