🔥 Tuesday 9 December 2025 Tue, 9 Dec 2025

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Regis Resources revises its exploration update, reaffirming strong growth prospects at key underground and open pit targets across its Duketon and Tropicana gold projects.

Lynch Group Holdings has officially been acquired by Darwin Aus Bidco through a scheme of arrangement, with shareholders paid A$2.155 per share and the company set for imminent ASX delisting.

Power Minerals Limited retracts non-JORC historical data for its Gamma Project in California while progressing critical mineral projects across three continents, supported by strong drilling results and fresh capital raises.

Patriot Resources has agreed to acquire 100% of the Tassa Silver Gold Deposit in Peru, backed by strong drill results and milestone-based share payments. The acquisition complements its growing portfolio of battery and critical minerals projects.

Sun Silver Limited has announced a substantial increase in its Maverick Springs Silver-Gold Project resource, adding 59 million ounces silver equivalent to reach 539 million ounces at a higher grade of 71g/t AgEq. This marks the third resource upgrade in under two years, underscoring the project's growing strategic importance amid shifting global silver supply dynamics.

Beetaloo Energy has received a groundbreaking approval from the Northern Territory Government, enabling pilot gas production and sales from EP187 and advancing construction of the Carpentaria Gas Plant.

EQ Resources Limited has locked in a €15 million three-year prepayment facility with Traxys Europe S.A., coupled with a five-year offtake agreement for tungsten concentrate from its Spanish mine, strengthening its financial footing and market position.

VBX Limited has confirmed the quality and scale of its Wuudagu C bauxite deposit through comprehensive infill drilling, reinforcing its Preliminary Feasibility Study and advancing its Definitive Feasibility Study with metallurgical optimization.

Alvo Minerals reports continued success at its Touro Prospect in Central Brazil, with all recent drill holes intersecting significant copper and zinc sulphides along a 750m strike. The discovery reinforces the Palma Project’s potential as a major volcanic massive sulphide district.

Alchemy Resources has reported impressive high-grade iron ore assay results from its maiden drilling program at the Southern Ridge target in Western Australia’s Valley Bore Project, confirming substantial mineralisation from surface to depth.

Stellar Resources has reported robust metallurgical test results from its Severn Deposit, highlighting strong tin recoveries and production of a clean, high-grade concentrate. These findings reinforce the project’s potential as a low-cost, high-quality tin source in a stable jurisdiction.

Asara Resources has agreed to acquire two adjacent gold exploration permits in Guinea, significantly enlarging its Kada Gold Project footprint in the prolific Siguiri Basin. Historical drilling by Newmont highlights promising gold mineralisation, setting the stage for renewed exploration.

Pure Resources has verified the presence of large to jumbo flake graphite at its Garnet Hills project in Western Australia, highlighting its potential for premium pricing and strategic US downstream applications.

Frontier Energy has raised $11.5 million through a share placement to advance the Stage One development of its Waroona Renewable Energy Project, underpinning key financing milestones.

Diablo Resources has validated exceptional high-grade silver and antimony mineralisation at its Star Range project in Utah, setting the stage for maiden drilling amid strong market demand for critical minerals.

Caprice Resources has confirmed gold mineralisation at the Vadrians lode system down to at least 400 metres, with new drilling results revealing promising strike and dip extensions. The ongoing Phase 4 drilling program aims to further expand the resource in Western Australia's prolific Murchison province.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.

EPX Limited has submitted a proposal to acquire WattWatchers Pty Limited through a Deed of Company Arrangement, pending creditor approval. The move aims to integrate WattWatchers’ real-time energy monitoring solutions with EPX’s advanced building performance platform.

Barton Gold Holdings has released compelling diamond drilling results from its Tolmer prospect, confirming a structural model akin to its Perseverance Mine and revealing significant silver and gold grades. The company plans further drilling in 2026 to explore promising extensions.

Altair Minerals has identified three critical structural zones at its South Oko project, highlighting promising targets for gold mineralisation that mirror major deposits in the Guiana Shield. This breakthrough advances the company’s exploration strategy ahead of planned geophysical surveys and drilling.

Godolphin Resources has announced superior metallurgical flotation test results from its Lewis Ponds project, producing high-grade zinc and lead-gold-silver concentrates that promise to enhance the project’s economic outlook.

Solis Minerals has secured drilling permits for its Cinto Copper Project in southern Peru, setting the stage for a maiden diamond drilling campaign targeting promising geochemical and geophysical anomalies near major copper mines.