Mining

Verity Resources has commenced a 56-hole air-core (AC) drilling program at its Monument gold project, with Small Caps coverage on 18 May 2026 noting the campaign is targeting a 9km banded iron formation (BIF) corridor to grow ounces beyond the existing 138,000-ounce resource.

Redcastle Resources Ltd (ASX:RC1) has announced aCapitalraising initiative aimed at supporting exploration and development activities across its broader project portfolio. The company confirmed it has secured firm commitments for a placement expected to raise approximately A$2 million before costs, with proceeds earmarked for drilling …

Alkane Resources (ASX:ALK) shares have come under pressure on the Australian share market as gold sector weakness weighs on ASX miners. The Alkane Resources share price reaction sits within a broader pullback across ASX gold stocks tied to a softer bullion price.

ASX-listed mining stocks are heavily influenced by commodity prices, with iron ore, gold and base metals all featuring prominently in the ASX 200 materials and resources weight.

AAI shares were trading at AU$ 89.44, up over 3%, at the time of writing on 20 May 2026. The stock has gained nearly 56% in the last six months. Its one-year gain is nearly 100%.

Northern Minerals is in focus as federal orders require certain foreign shareholders to divest holdings in the rare earths company. According to Small Caps coverage on 19 May 2026, the orders affect six foreign holders representing approximately 17.6 per cent of the share register, …

PolarX has highlighted what could be a district-scale copper-gold opportunity at its Alaska Range project after a 3D magnetic survey identified a 3.5-kilometre anomaly, according to Small Caps coverage on 18 May 2026. The update positions PolarX as one of the ASX small caps …