🔥 Thursday 11 December 2025 Thu, 11 Dec 2025

Robex Resources and Predictive Discovery have amended their arrangement agreement, reducing the exchange ratio and delaying the shareholder meeting to late December. Major shareholders have recommitted to support the deal, which awaits court approval.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

New Murchison Gold Limited has released its 2025 Mineral Resources and Ore Reserves update for the Crown Prince Gold Mine, reflecting initial mining depletion and confirming the project’s economic viability. The company is now focusing on underground potential and near-mine exploration.

Superior Resources has raised $1.75 million to fund a major drilling campaign aimed at expanding its gold resource and advancing feasibility studies for near-term production at its Greenvale Project in northern Queensland.

Magnum Mining has entered a binding agreement to acquire the Wet Mountains Rare Earth Element Project in Colorado, featuring exceptional historic surface assays up to 7.99% total rare earth elements. The acquisition marks a strategic step into the US critical minerals sector with significant exploration upside.

Ampol Limited has launched a A$500 million delayed-draw subordinated notes facility, designed to fund its proposed acquisition of EG Australia and refinance existing debt, offering long-term capital with flexible issuance options.

Nelson Resources has secured rights to earn up to 90% of the Gold Point Project in Nevada’s Walker Lane, consolidating a historic high-grade gold-silver district for the first time in over 140 years. Backed by a $3.25 million capital raise, the company plans an aggressive 2026 exploration campaign targeting significant value creation.

Kingsland Minerals has initiated a Pre-feasibility Study for its Leliyn Graphite Project, partnering with Quinbrook to test graphite concentrate for battery anode applications. This marks a significant step toward developing a world-scale graphite operation in the Northern Territory.

Robex Resources and Predictive Discovery have amended their merger agreement, increasing the exchange ratio and reshaping ownership stakes, while postponing the shareholder vote to December 30, 2025. The deal aims to create a leading West African gold producer with significant growth potential.

Steadfast Group reveals robust acquisition activity and strategic cost optimizations in its latest investor update, signaling strong momentum across its Australasian and international operations.

Predictive Discovery Limited has amended its acquisition deal with Robex Resources, creating a combined gold producer with over 400,000 ounces annual output by 2029 and sidelining Perseus Mining’s competing offer.

Predictive Discovery Limited has amended its acquisition terms with Robex Resources, sidelining Perseus Mining’s bid and setting the stage for a combined gold producer targeting over 400,000 ounces annually by 2029.

Great Boulder Resources has intersected coarse visible gold in its first deep diamond drill hole at the Mulga Bill prospect, confirming the large-scale potential of the Side Well Gold Project’s key gold system. Assay results are expected in January 2026.

Venari Minerals has reported strong assay results from its October 2025 drilling campaign at the Red Mountain Lithium Project in Nevada, confirming broad zones of high-grade lithium mineralisation that underpin its upcoming maiden resource estimate.

Aurum Resources has reported significant high-grade gold intercepts from its ongoing drilling at the Tchaga deposit in Côte d'Ivoire, reinforcing its growth potential ahead of major resource updates scheduled for early 2026.

EV Resources has cleared a key technical review of its Tecomatlán processing plant in Mexico, setting the stage for near-term antimony concentrate production and pilot testing for its Los Lirios project.

3D Energi has commenced drilling the Charlemont-1 gas exploration well offshore Victoria, targeting a substantial 93 billion cubic feet of gas with promising geological indicators. This marks a key step in the Otway Exploration Drilling Program aimed at bolstering East Coast gas supplies.

Horseshoe Metals has reported strong final results from its Phase 1 drilling at the Motters Zone, confirming extensive shallow oxide copper mineralisation and setting the stage for Phase 2 drilling and offtake discussions.

MetalsGrove Mining has significantly expanded its gold exploration presence in Côte d’Ivoire by securing the Stellar Joint Venture permit, creating a contiguous 75 km strike length in a prolific greenstone belt. Immediate exploration activities using innovative soil sampling technology are set to commence.

MetalsGrove Mining has raised $2.7 million through an oversubscribed placement to kickstart exploration at its Central West Gold Project in Côte d’Ivoire, aiming to unlock value in a prolific gold belt.

Prospech Limited has significantly increased its Jokikangas project tenure in northern Finland, targeting critical minerals like yttrium and niobium amid soaring European prices. The expansion positions the company strongly within a Tier-1 mining jurisdiction as it plans initial exploration activities.

Brightstar Resources has upgraded Mineral Resources at its Menzies Gold Project by 22%, significantly expanding its Indicated gold ounces and setting the stage for near-term mining development. The updated estimates underpin the upcoming Goldfields DFS 2.0 and a targeted Final Investment Decision in early 2026.

Andean Silver Limited reports significant high-grade silver-gold drilling results at its Cerro Bayo Project in Chile, extending mineralisation beyond existing resources near key processing infrastructure. These findings set the stage for a resource update in the first half of 2026.

Red Mountain Mining has revealed a technical study highlighting significant silver, gold, and antimony prospectivity at its Silver Dollar Project in Idaho, with exploration set to begin imminently.