🔥 Wednesday 10 December 2025 Wed, 10 Dec 2025

Somerset Minerals has raised A$3.7 million through a dual placement to fund an aggressive 2026 drilling campaign at its Coppermine Project in Nunavut, targeting high-grade copper extensions and new discoveries across a vast landholding.

High-Tech Metals has commenced a 3,000m drilling program at its high-grade Wagtail gold deposit, while identifying promising new regional targets at Mt Fisher and Mt Eureka for early 2026 exploration.

Pacific Lime and Cement Limited has formalised a pivotal Project Development Agreement with the Papua New Guinea government, marking a major step forward for its Central Lime and Cement Project and signalling strong sovereign support.

StepChange Holdings has agreed to acquire Perth-based BroadReach, significantly boosting its ICT advisory capabilities and government sector footprint. The deal enhances StepChange’s role in digital transformation programs with a $2.5 million upfront payment plus performance-linked earn-outs.

Pursuit Minerals has completed the acquisition of the Sascha Marcelina Gold Project in Argentina, setting the stage for a high-impact drilling campaign while simultaneously advancing its lithium development at Rio Grande Sur.

Lindian Resources has completed its final payment to acquire 100% ownership of the Kangankunde Rare Earths Project in Malawi, accelerating its path to production and consolidating control over one of the world’s highest-grade rare earth deposits.

Hot Chili Limited's latest drilling at La Verde confirms a growing higher-grade copper-gold core near surface, promising to enhance the Costa Fuego project's economics and scale.

Firebird Metals has achieved a significant technical milestone with its manganese iron phosphate precursor outperforming China industry benchmarks, setting the stage for commercial production at its Australian Demonstration Plant in 2026.

Sunshine Metals has identified seven promising volcanogenic massive sulphide targets at its Ravenswood Consolidated Project, highlighted by exceptional gold-in-soil grades reaching 8.45 g/t at Truncheon East. The findings, supported by a Queensland Government grant, set the stage for intensified exploration in 2026.

Riversgold Limited has identified promising shallow gold mineralisation in a previously undrilled area at its Northern Zone Gold Project near Kalgoorlie, expanding the potential footprint ahead of planned mining in 2026.

Symal Group Limited has announced the acquisition of Timms Group and L&D Contracting, significantly boosting its footprint in Queensland’s civil infrastructure market ahead of the 2032 Brisbane Olympics.

Symal Group has agreed to acquire Timms Group and L&D Contracting for $28 million, significantly expanding its Queensland footprint and positioning itself for the 2032 Brisbane Olympics infrastructure boom.

Meteoric Resources has successfully produced its inaugural batch of Mixed Rare Earth Carbonate at its Caldeira Pilot Plant in Brazil, marking a significant milestone in its rare earths project development.

Ramelius Resources launches a substantial A$250 million share buyback program alongside a dividend increase, signaling confidence in its expanding gold production and cash flow profile.

Canterbury Resources has completed its 2025 drilling program at the Briggs copper deposit, revealing multiple zones of strong visual copper mineralisation that align with its geological model. Assay results are pending, with further drilling planned to support a Prefeasibility Study for a potential large-scale mine.

Litchfield Minerals has reported its widest copper-zinc intercept to date at the Oonagalabi Project, expanding the Main Zone and confirming a continuous mineralised corridor. The company is well funded to pursue an aggressive drilling and geophysical program in 2026 to further explore deeper intrusive targets.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Ampol Limited reports solid first-half 2025 results, highlights a strengthening refinery margin, and advances its strategic acquisition of EG Australia, aiming to reshape its retail footprint and cost base.

Strickland Metals has announced a maiden inferred mineral resource of 1.2 million ounces of gold at its Gradina Deposit in Serbia, boosting the Rogozna Project’s total resource to 8.6 million ounces gold equivalent. The deposit remains open for expansion, setting the stage for further growth in 2026.

International Graphite Limited projects robust financial returns from its new expandable graphite facility joint venture in Germany, targeting production start in mid-2027 with rapid payback and low capital costs.

Leeuwin Metals has announced a maiden Mineral Resource Estimate of 342,300 ounces of gold at its Marda Gold Project in Western Australia, achieved within nine months of acquisition. A 10,000-meter drilling campaign is planned for 2026 to target resource growth, particularly focusing on higher-grade zones.

Trigg Minerals has received tentative approval to begin diamond core drilling at its Antimony Canyon Project in Utah, focusing on high-grade stibnite mineralisation on private patented claims. Drilling is set to start before the end of December 2025, marking a key step from exploration to development.

Rox Resources has ramped up operations at its Youanmi Gold Project, transitioning to 24-hour mining and completing key infrastructure ahead of production. The company is advancing permitting and financing milestones to maintain its development momentum.

Platina Resources has nearly doubled its presence in Western Australia's Laverton gold district by acquiring the Mt Morgans South Gold Project, strategically positioned near major gold operations. This move enhances Platina’s exploration potential and aligns with its recent acquisitions in the region.