🔥 Tuesday 16 December 2025 Tue, 16 Dec 2025

Resources & Energy Group Limited has raised $2 million to fund drilling and production expansion at its East Menzies Gold Project, following a year of significant operational milestones.

Orezone Gold Corporation has successfully completed commissioning of its Bomboré hard rock expansion, achieving first gold production and setting the stage for a significant increase in output next year.

Sierra Nevada Gold (ASX – SNX) has won the rights to explore the expansive As Safra copper-gold project in Saudi Arabia, marking a strategic expansion into a high-potential mining district aligned with the Kingdom’s Vision 2030 ambitions.

Australian Gold and Copper Ltd (AGC) has released an amended initial Mineral Resource Estimate for its Achilles deposit, reporting 38.5 million ounces silver-equivalent and confirming the deposit’s potential as a significant new mineral district in New South Wales.

Intelligent Monitoring Group Limited has raised $20 million through a strategic equity placement to support its recent acquisitions and stabilize its financial position. The capital raise aims to broaden the investor base and enhance market liquidity ahead of the new year.

EV Resources reports exceptional antimony recovery at its Los Lirios project using a simplified gravity process, paving the way for a lower-cost, accelerated development timeline.

Koonenberry Gold has intersected visible gold in deep drill holes at its Enmore Gold Project, extending the known alteration zone and confirming a robust mineral system open at depth. The company is well funded and advancing a comprehensive drilling program to unlock further potential.

Gold Hydrogen Limited’s latest drilling at Ramsay 4 confirms significant natural hydrogen and helium formations, setting the stage for critical flow testing in early 2026 to assess commercial viability.

Aureka Limited has raised $3.6 million through a share placement to fund a second diamond drill rig and accelerate exploration at its Victorian gold projects, reflecting strong investor confidence following recent high-grade discoveries.

Recce Pharmaceuticals has won a significant Australian Government R&D tax incentive, unlocking up to A$85 million for its synthetic anti-infective programs worldwide, including a pivotal Phase 3 clinical trial.

Viking Mines Ltd is set to acquire six tungsten projects in Nevada, including the historically productive Linka Project, supported by a $750,000 investment from American Tungsten Corp. This move positions Viking to tap into critical mineral demand amid soaring tungsten prices and geopolitical supply risks.

Hawthorn Resources reports exceptional high-grade gold results from a major drilling campaign at its Anglo Saxon project, setting the stage for potential open pit mining development.

Javelin Minerals has lodged its Mining Proposal for the Eureka Gold Project, setting the stage for mining to commence in mid-2026 and first cashflow by Q3. Fully funded and partnered with MEGA Resources, the project is on track to unlock value in Western Australia’s prolific goldfields.

Manuka Resources has initiated a significant drilling campaign at Mt Boppy targeting deep gold extensions and new discoveries, while advancing its Pipeline Ridge shallow gold exploration. The company also remains on track to restart silver production at Wonawinta in Q2 2026.

Forrestania Resources has crossed the critical 50% acceptance threshold in its takeover of Kula Gold, signaling strong shareholder backing and advancing its regional consolidation strategy in Western Australia's gold belts.

3D Energi has raised $14.5 million through a well-supported placement to fund critical drilling and testing activities in the Otway Basin, aiming to unlock new gas reserves for Australia's East Coast market.

Theta Gold Mines has entered a non-binding agreement for an $80 million USD senior secured loan to fully fund its TGME Gold Mine Project, aiming for first gold pour in early 2027. The deal includes flexible funding tranches and equity-linked warrants.

Sovereign Metals has entered a strategic collaboration with the International Finance Corporation to advance sustainable development and financing of its Kasiya Rutile-Graphite Project in Malawi.

Yugo Metals Limited has secured a dual listing on Germany’s Frankfurt and Dusseldorf Stock Exchanges, enhancing its access to European investors, while initial drilling at its Sinjakovo Project in Bosnia-Herzegovina reveals encouraging silver-lead-zinc mineralisation.

American Rare Earths has successfully produced mixed rare earth oxides from Halleck Creek ore, marking a pivotal technical breakthrough in its mineral processing program. This achievement advances the project closer to commercial viability amid growing demand for critical minerals.

Emyria has secured its first Empax clinic in Victoria, marking a significant step in its multi-state expansion and validating its scalable, reimbursed national mental health platform.

Forrestania Resources’ Phase 3 drilling at the Ada Ann prospect reveals significant high-grade gold mineralisation beyond the maiden resource, supporting potential resource growth at the Bonnie Vale Project.

Sunrise Energy Metals has raised A$32.5 million through a follow-on placement, advancing its flagship Syerston Scandium Project toward mid-2026 construction. This latest capital injection builds on a total of A$105 million raised since June 2025, underscoring strong investor confidence amid growing scandium demand.

Pacific Lime and Cement Limited has secured a strategic advisory partnership with the International Finance Corporation to advance Papua New Guinea’s inaugural vertically integrated clinker and cement production project.