Team Veye March 16, 2026

3 ASX Mining Stocks to Watch for Growth in 2026

Get your Free Report on Top 5 ASX stocks for 2025

Strong global demand together with supply constraints and rising geopolitical uncertainty has created a strong bull run in commodities.

These conditions are pushing prices higher for key resources such as gold, copper and other critical minerals.

The following 3 ASX mining stocks appear well positioned to benefit from this favourable commodity cycle ahead.

Aeris Resources Limited (ASX: AIS)

Aeris Resources Limited (ASX: AIS) has recently shown strong financial improvement which places it well among ASX mining stocks that benefit from higher commodity prices.

The company in the first half of FY26 reported revenue of $306.3 million which was 5% higher year-on-year because copper and gold prices were high.

Cost control also improved because cost of sales fell 9% to $212.8 million which pushed gross profit up 57% to $93.5 million.

Net profit after tax reached $47.9 million which was a 62% increase while operating cash flow rose 67% to $97.3 million.

The outlook for 2026 is positive because strong copper and gold prices together with projects such as Murrawombie Open Pit and the Constellation exploration program could support higher production.

Liontown Resources Limited (ASX: LTR)

Liontown Resources Limited (ASX: LTR) has started to attract strong investor attention because the Kathleen Valley lithium project has begun to ramp up production which places the company among closely watched ASX mining stocks.

The company in the first half of FY26 produced 192,514 dry metric tonnes of spodumene concentrate while sales reached about 189,596 tonnes which pushed revenue to $207.5 million.

The balance sheet is solid because cash stands at about $390.5 million which also reflects much lower gearing after the company converted its convertible notes into equity.

Mining activity at Kathleen Valley has shifted fully to underground operations which has already achieved a one million tonne per year run rate while the company targets 1.5 Mtpa by March 2026.

Genesis Minerals Limited (ASX: GMD)

Genesis Minerals Limited (ASX: GMD) has become one of the best names among ASX mining stocks and the company in the six months ended December 2025 reported sales revenue of $820.3 million which was 142% higher year-on-year because of strong gold sales and higher realised prices.

EBITDA reached $418 million which marked a 172% increase while net profit after tax rose to $238 million which is almost four times higher than the previous period.

Gold production during the half reached 147,139 ounces while the all in sustaining cost stood near $2,578 per ounce which shows strong operating margins because gold prices remain high.

The balance sheet is very solid because cash and bullion are about $373 million and the company has no corporate debt which provides strong financial flexibility.

The company expects annual production of 260,000 to 290,000 ounces in 2026 while the Tower Hill development together with ongoing exploration could help expand output further.

(Source: Company Reports)

Disclaimer

Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.

Name

Email address

Phone

By providing your details, you agree to Veye’s Terms & Conditions, Privacy Policy, and Financial Services Guide and to receive marketing offers by email, text message or phone call from us or our agents until you opt out. Before you access our services, please read the Financial Service Guide available here.