Here are 8 of the Top ASX Resources Stocks in 2025 and why they made spectacular (>1000%) returns!

Nick Sundich Nick Sundich, December 22, 2025

In this article, we are recapping the Top ASX Resources Stocks in 2025. Most of these companies fill the list of all companies to have recorded spectacular returns. Indeed, all companies on this list have gained over 1,000% in 12 months. This article recaps 8 such companies and what caused their rise.

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8 of the Top ASX Resources Stocks in 2025

Dateline Resources (ASX:DTR)

Dateline takes the cake as the Top ASX Resources Stock in 2025. Dateline owns the Colosseum Gold and Rare Earths project in California in the Walker Lane mineral trend, about 10 km north of the Mountain Pass rare earth mine, the only operating rare earth mine in the US. Colosseum has a JORC-compliant resource of about 1.1 million ounces of gold and is now being explored for potential rare earth elements (REEs) associated with carbonatite rocks.

The company has reported spectacular modelling — an NPV of ~US$550m and IRR of 61% at high gold prices — which suggests a long-life mine could be justified and points to upside via rare earths. This dual potential for gold plus critical minerals like REE and strontium has driven strong speculative investor interest in 2025, particularly as rare earths and critical mineral supply chains have become geopolitically strategic.

Sunrise Energy Metals (ASX:SRL)

Sunrise has been one of the 2025 success stories on the ASX largely because it’s developing what would be the world’s largest primary scandium deposit at the Syerston Scandium Project in New South Wales. Scandium is a rare and strategic critical metal used in advanced alloys for aerospace, defense, high-performance electronics and emerging technologies, and supply has historically been very limited globally. Sunrise’s resource is one of the biggest and highest-grade globally, with permitting and approvals advanced and feasibility and financing moving ahead.

In 2025 Sunrise has raised tens of millions of dollars to fund pre-construction activities, and the company has also received international interest and potential financing links via the US Export-Import Bank, which reflects geopolitical interest in diversifying critical minerals supply chains outside China. These developments have helped lift the share price sharply as investors price in future scandium production and offtake possibilities.

Atomic Eagle (ASX:AEU)

Atomic Eagle’s is the only uranium play on the list of top ASX Resources stocks. It is focused on the Muntanga project in Zambia. In 2025, Atomic Eagle has defined a large JORC Exploration Target for the Muntanga Project in addition to its existing JORC Mineral Resource of roughly 47.4 million pounds of contained uranium (U₃O₈) across Measured, Indicated, and Inferred categories.

A newly announced target spans 82 million to 150 million tonnes at 150–350 ppm U₃O₈, implying potential contained uranium of ~40 – 100 million pounds if fully realised. Now, this is a target rather than an updated resource, but its scale has significantly shaped investor sentiment. Atomic Eagle has completed its maiden drilling program, with assays expected in early 2026, and plans a much larger drilling campaign to test priority zones and expand the resource footprint.

Kaili Resources (ASX:KLR)

Kaili has attracted huge attention in 2025 because it is targeting rare earth elements (REEs) at its Limestone Coast Project in South Australia. In September 2025, the company completed a program of 54 aircore holes totalling almost 1,000 m across three tenements (Lameroo, Coodalya, Karte), with samples now awaiting assay results that are expected to show the grades of total rare earth oxides (TREO).

This drilling program, once assays are released, will help define the quality and size of the potential REE system. Earlier in 2025, the stock experienced extraordinary short-term gains — up to **8,700 per cent in a single session — likely linked to investor interest following drilling approvals and speculation about REE discoveries.

However, such extreme moves also drew scrutiny from the Australian Securities and Investments Commission (ASIC) and the ASX due to the volatility and the fact that the actual assay results had not yet been released.

While the REE story is real geologically and strategically (clay-hosted REE deposits near the Murray Basin can be significant), the timing and magnitude of the share moves in 2025 have been driven heavily by speculation and regulatory focus as much as actual discovery news.

Forrestania Resources (ASX:FRS)

Forrestania is a multi-commodity explorer in Western Australia, historically working on gold, nickel, lithium and copper prospects within highly prospective greenstone belts. Its 2025 news flow has centred mostly on capital raisings and acquisitions of additional gold projects, notably the North Ironcap gold project with significant inferred resources, and larger corporate moves such as a takeover bid for Kula Gold to consolidate multiple WA gold assets.

Unlike other ASX resources stocks on this list, Forrestania hasn’t made some kind of blockbuster discovery, but it appears it is in the right commodity and investors like its growth story.

Focus Minerals (ASX:FML)

Unlike others on this list, Focus Minerals is not an early-stage explorer but an operating gold producer and developer in Western Australia with a long history in the Coolgardie Goldfield and assets in Laverton. The share price in 2025 has moved dramatically after the company announced operational success at its Three Mile Hill processing plant and sold its Laverton Gold Project to Genesis Minerals for A$250m – an achievement not to be snuffed at.

True North Copper (ASX:TNC)

True North Copper’s inclusion on the list of top ASX Resources stocks can be been put down to significant drilling results at the Aquila discovery within its Mount Oxide project in northwest Queensland.

The company extended known mineralisation with high-grade copper intercepts and visible continuity at depth, and early drill results (including multi-metre intercepts with significant copper grades) supported the thesis that Aquila’s scale and grade could rival its existing known Vero deposit. This has led to increased speculative interest that the project could host a major copper system, with further drilling planned.

Broken Hill Mines (ASX:BHM)

From where BHP all began came one of the ASX’s top resources stocks in 2025 – Broken Hill Mines. It is focused on silver-lead-zinc assets in (you guessed it) the historic Broken Hill region of New South Wales. It combines two iconic assets: the Rasp Mine and the Pinnacles Mine.

Rasp hosts a mineral resource of about 10.1 million tonnes at ~9.4% zinc equivalent (including zinc, lead, and significant silver content), and it operates around an existing processing plant with a capacity of ~750,000tpa, providing near-term production potential. The Pinnacles asset is considered one of the highest-grade and shallowest deposits in the Broken Hill district, with historical drilling showing robust base and precious metal mineralisation.

In 2025, BHM successfully raised A$38.5 million, which is earmarked for expanding drilling and resource definition at both Rasp and Pinnacles and accelerating development plans. This funding supports a multi-thousand-metre drilling program designed to increase resources and fast-track open pit and underground development studies.

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