METALS, MINING AND ENERGY
Lotus Resources (ASX: LOT) provided an update on the ramp up of uranium production and the commissioning of the acid plant at the company’s Kayelekera Uranium Mine in Malawi. Lotus continued to make progress at Kayelekera during February with the company demonstrating continued improvement in plant availability, milling rate and other key processing parameters which positions it for steady-state production in Q2 CY2026. Covered by Mining Weekly, Mining Review Africa.
Auric Mining (ASX: AWJ) provided an update following the latest gold outturn from the Starter Pit at the Munda Gold Mine. To date, the Munda Starter Pit has produced a total of 8,475 ounces of gold, including 938 ounces from the fourth gold outturn of Campaign Two. These exceptional results are nearly 40% above budget and reinforce Munda as a significant gold resource. Covered by The West Australian and Discovery Alert. The company also received $2.2 million from its Jeffreys Find Gold Mine, bringing its cash share from the 50:50 joint venture with BML Ventures to ~$16.5 million (ex-GST), on an initial investment of $1.2 million. Auric also featured on Money of Mine.
Metro Mining (ASX: MMI) restarted operations at its Bauxite Hills Mine following completion of a wet season maintenance program. Mining resumed on 11 March 2026, with initial activities focused on pre-stripping, grade control and road maintenance. Shipping is expected to ramp up from mid-March using chartered vessels while the OFT Ikamba undergoes scheduled dry-dock maintenance. Metro reiterated its 2026 shipment guidance of 6.6–7.1 million wet metric tonnes (WMT). Covered by Mining.com.au.
Middle Island Resources (ASX: MDI) is progressing a major new gold discovery at the Zabrnjica Prospect, part of its highly prospective Priboj Project in Serbia. A substantial and coherent gold system is taking shape at Zabrnjica, in an area with no prior record of modern gold exploration. Results reveal widespread gold-in-soil anomalies and confirmed bedrock gold, all within a highly favourable geological setting. Covered by Small Caps , Cygnet Capital and ABCNewsWire.
North Stawell Minerals (ASX: NSM) commenced drilling targets beneath the high-grade gold results intersected at the Darlington Prospect during the previous drill campaign, and including follow up from Caledonia surface soil anomalism. Covered by Mining.com.au.
Chariot Resources (ASX: CC9) received approval for transfer of six licences from Continental Lithium to C & C Minerals. The licences encompass the Fonlo and Gbugbu projects and two small-scale mining licences at the Saki project. These approvals move the Company towards completion of its Nigerian lithium portfolio acquisition. Covered by Business News, Stockhead and Market Open.
American Tungsten & Antimony (ASX: AT4) reported a high-grade antimony discovery from maiden drilling at its Antimony Canyon Project in Utah, USA, intersecting shallow mineralisation including 11.03m at 3.1% Sb and 8.47m at 2.67% Sb, with higher-grade zones up to 12.54% Sb. Results confirm the project’s district-scale potential. Coverage via Proactive. ATAA also submitted a Notice of Intent to drill at the historic Fraction Lode tungsten mine within its Dutch Mountain Project in Utah. Drilling will target extensions to historically mined tungsten mineralisation, while refurbishment is underway at the fully permitted Dutch Mountain processing mill, which previously processed Fraction Lode ore and could support future production.
Tarrina Resources (ASX: TR8) completed a Phase 1 diamond drilling and regional auger soil sampling program at the Christmas Gift Gold Project in NSW, confirming sulphide mineralisation associated with the historic gold system and identifying potential extensions along strike. Six diamond holes for 1,180m intersected sphalerite, chalcopyrite and pyrite mineralisation with silica and carbonate alteration, including a new mineralised zone about 250m north of the historic mine along a NNW magnetic trend. Soil sampling defined anomalous copper and zinc pathfinder targets extending over several kilometres, supporting the potential for a larger mineralised system. Assay results are expected from March 2026. Covered by The Australian
.
Sunshine Metals (ASX: SHN) commenced a 41-hole, 2,777m resource definition drilling program at the high-grade Liontown Gold Panel, targeting the existing Resource of 247Kt at 7.35g/t Au and 11g/t Ag for 58.2koz of gold and 87koz of silver. The drilling aims to improve resource confidence ahead of potential underground development outlined in the Liontown Mining Study, while also providing additional metallurgical samples and testing extensions to the mineralised horizon. Previous drilling at the Au Panel returned standout intercepts including 17m at 22.05g/t Au and 20m at 18.21g/t Au. Final assays from the recent open pit grade control drilling program are expected in March 2026, with a shallow gold resource upgrade and updated Mining Study planned for April 2026. Covered by Mining.com.au.
Native Mineral Resources (ASX: NMR) confirmed shallow high-grade gold and returned 18m at 11.33g/t Au from 12m, including 1m at 101.10g/t Au, in further drilling at Podosky, part of its Ravenswood Joint Venture with Haoma Mining. Results continue to support NMR’s view that mineralisation at Podosky is shallow and potentially amenable to open pit mining. Phase 1 drilling at Podosky is expected to be completed next week following the final diamond holes.
Strata Minerals (ASX: SMX) is set to commence its Phase 2 drilling program at the Zelica Gold Project in Western Australia in the coming weeks. The planned reverse circulation (RC) program will consist of approximately 20 holes totaling around 2,500 m. The drilling will include step-out holes aimed at testing depth extensions of the high-grade gold mineralisation identified during the maiden program, alongside some infill drilling to support the preparation of a compliant maiden Mineral Resource Estimate. Covered by Stockhead and Proactive.
IRIS Metals (ASX: IR1) executed a definitive farm-in agreement over the high-grade Finley Basin Tungsten Project in Granite County, Montana, USA, following the binding Heads of Agreement executed in December 2025. The transaction diversifies IRIS’ critical minerals portfolio into tungsten, a vital metal for defence, aerospace, advanced manufacturing and energy applications. Covered by Stockhead, Mining.com.au and Finance News Network.
Charger Metals (ASX: CHR) completed 3,054m of drilling to date this quarter at its Lake Johnston Lithium and Gold Project in Western Australia. The program includes 1,186m of diamond drilling and 1,868m of RC drilling across the Medcalf Lithium Deposit, Medcalf West Exploration Target, and the Xmas Gold Discovery. Following the receipt of all assay results over the coming weeks, Medcalf Lithium Resource will be revised from its current 8.2Mt @ 1.0% Li20.
Resource Base (ASX: RBX) completed a detailed review of historic exploration across EL7060, ~15 km south of Tarcoola in South Australia’s northern Gawler Craton. The review highlights elevated titanium concentrations in historic drilling and confirms the presence of anorthosite, a key source of titanium-bearing minerals in the region underscoring the project’s strong titanium potential.
Energy World Corporation (ASX: EWC) announced a strategic review to examine alternative value pathways and opportunities to leverage existing infrastructure, including LNG storage and logistics, renewable generation and flexible peaking power solutions - and appointed Alan Jowell as Executive Chairman. Covered by StockWireX.
Fresh off a busy week at PDAC and BMO prior to that, FireFly Metals (ASX: FFM) hosted investors and analysts on a site visit to its Green Bay Copper-Gold Project in Newfoundland and Labrador. The company also released its first newsletter for 2026 highlighting progress of the aggressive exploration program aimed at rapidly improving and growing the mineral resource at Green Bay, in addition to development work underway de-risking the project.
Andean Silver (ASX: ASL) attended PDAC and the invite-only Metals Investor Forum in Canada over recent weeks. CEO Matthew Allen was interviewed at PDAC, providing an update on activities underway at the company’s flagship Cerro Bayo Silver Gold Project in Chile. Project Director Tim Laneyrie also presented at MIF and was interviewed backstage by Exploration Insights’ Joe Mazumdar.
Perpetual Resources (ASX: PEC) presented at the NWR Critical Minerals Webinar last week, providing an update on exploration & upcoming catalysts at our highly prospective project portfolio in Brazil. The company also featured in The Australian in a piece by journalist Kristie Batten. “We feel like 2026 will be a very, very big year for Perpetual,” Executive Chairman Julian Babarczy said.
RENEWABLE ENERGY
NH3 Clean Energy (ASX:NH3) received multiple FEED engineering proposals from leading international firms for its WAH2 clean ammonia project in the Pilbara, including options for Build Own Operate structures for key components. The company is now assessing the submissions and negotiating with potential partners ahead of selecting a preferred engineering group. In parallel, a detailed flora and vegetation survey has commenced across the 40-hectare Maitland Strategic Industrial Area site as part of the approvals process, with workstreams continuing toward the project’s targeted Final Investment Decision at the end of 2026.
Indicative senior debt terms have been received for Frontier Energy’s (ASX: FHE) Waroona Renewable Energy Project in WA. The debt financing process is progressing well, with strong interest received from multiple tier one global financial institutions looking to assist with funding the development of Stage One. The company is now working closely with banks through their final due diligence, towards credit approved terms in the next quarter. Covered by Stockhead.
Norway’s ambassador to Australia says the Nordic nation has proven to the rest of the world that carbon capture and storage is viable, proven over decades, and now being developed at scale. Provaris Energy (ASX: PV1) is working with its partner Yinson Production to deliver innovative new tank solutions for storage, offshore injection and maritime transport to bring down the costs of large-scale supply chains in Europe where the capture and storage capacity is quadrupling by 2030 (DNV).
INDUSTRIALS
Lava Blue’s (private) strategic partnership with QUT to develop sovereign supply lines for critical minerals used in energy transition technologies featured in recent coverage by Mining.com.au.
CONSUMER
Bio-Gene Technology (ASX: BGT) completed the 15th harvest of its natural insecticidal active Qcide® from its plantation in far north Queensland, confirming the ability to consistently produce oil to commercial specification. The milestone supports plans to expand production, with tree improvement programs progressing and new plantation areas maturing ahead of expected harvest in Spring 2026. Bio-Gene is also preparing for further planting and scale up as interest grows in Qcide as a 100 percent natural, OMRI listed insecticidal active for global home, garden, crop protection and public health markets.
CORPORATE NEWS
South Harz Potash (ASX: SHP) received firm commitments to raise $1.25 million to fund its upcoming exploration plans, including the maiden drilling program at the Glava-Klinten and Torsby West copper-gold projects in Sweden. Covered by Australian Resources & Investment.
