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NevGold pushes beyond Limo Butte resourceHeritage drills six-metre gold zone at MelbaSalazar discovers ‘high-grade’ tungsten at Pijili ProjectAguia aligned with newly approved government-backed fertiliser incentiveUS Department of Energy injects $13.9 million into critical mineralsQueensland legislation backs critical minerals explorationDevEx follows Nabarlek-style clues at KPAlurion drills towards Amargosa Prefeasibility StudyMoonlight hits broad copper zones at Peak DownsLegal battle heats up for major iron ore miner FortescueLithium Universe recovers gallium and platinum from e-wasteRokeby reports maiden tailings resource at OmeoCritical Resources links up with CSIRO for battery technologyBarkly advances 10,000m drilling at flagship projectAntilles Gold signs binding deal for Cuban sanction reliefRenegade expands loan facility to $2 millionUS Army’s Janus Program puts spotlight on uranium supplyMithril extends Copalquin silver-gold corridor to 550mFelix Gold produces antimony metal from pilot plantStrategic Energy tests two Canobie targets NevGold pushes beyond Limo Butte resourceHeritage drills six-metre gold zone at MelbaSalazar discovers ‘high-grade’ tungsten at Pijili ProjectAguia aligned with newly approved government-backed fertiliser incentiveUS Department of Energy injects $13.9 million into critical mineralsQueensland legislation backs critical minerals explorationDevEx follows Nabarlek-style clues at KPAlurion drills towards Amargosa Prefeasibility StudyMoonlight hits broad copper zones at Peak DownsLegal battle heats up for major iron ore miner FortescueLithium Universe recovers gallium and platinum from e-wasteRokeby reports maiden tailings resource at OmeoCritical Resources links up with CSIRO for battery technologyBarkly advances 10,000m drilling at flagship projectAntilles Gold signs binding deal for Cuban sanction reliefRenegade expands loan facility to $2 millionUS Army’s Janus Program puts spotlight on uranium supplyMithril extends Copalquin silver-gold corridor to 550mFelix Gold produces antimony metal from pilot plantStrategic Energy tests two Canobie targets
ASX

Miners jump, ASX falls after Diggers

The Australian Securities Exchange (ASX) has dropped 10.8 points today (7 August) to 8,832.9 points as of 10.20am AEST, though nine of 11 sectors are performing higher.

The S&P/ASX200 index has gained 1.03% over the last five days, with the materials sector jumping 3.42% today.

Westgold Resources (ASX:WGX) is leading the gains with a 4.89% increase, trading at $2.89 per share. The company released its FY26 guidance this morning, which expects to produce between 345,000-385,000 ounces of gold from its assets.

Vault Minerals (ASX:VAU) is also up 1.85% to a share price of $0.41, though not releasing any news. The company presented at this week’s Diggers & Dealers Mining Forum in Kalgoorlie, Western Australia, on the opening day of the forum.

The Diggers mining forum ran from 4-6 August 2025. Mining.com.au again attended the event.

The S&P/ASX200 is Australia’s leading share market index and contains the top 200 ASX-listed companies in terms of market capitalisation, and accounts for about 80% of the country’s equity market.

The index is designed to measure the performance of the 200 largest index-eligible stocks listed on the ASX by float-adjusted market capitalisation.

It is recognised as the institutional investable benchmark in the country.

Write to Maddison Elliott at Mining.com.au   

Images: iStock
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Written By Maddison Elliott
Maddison holds a Bachelor of Communication and Journalism, a Bachelor of Business, and a Master of Writing, Editing and Publishing. She enjoys transforming complex information into clear, engaging stories that inform, educate, and connect with readers. Outside of the newsroom, Maddison spends her time reading, exploring new places, catching a game, or spending time with friends and family.