Latest Mineral Exploration News

Star Minerals Limited has requested an extension to its voluntary suspension on the ASX as it awaits a Supreme Court ruling on the appointment of its auditor, with a market update expected soon.

Everest Metals Corporation has announced the issuance of $1.17 million in Junior Minerals Exploration Incentive tax credits to eligible shareholders following successful capital raisings in 2024-25. This move highlights the company’s ongoing commitment to exploration and shareholder value.

Audalia Resources is set to raise $540,000 through a share placement to fund critical development stages of its Medcalf Project and bolster working capital.

APC Minerals Limited has initiated a fully underwritten pro-rata renounceable entitlement offer to raise approximately $1.38 million at $0.004 per share, aiming to fund its exploration projects and working capital needs.

Caspin Resources has completed the second tranche of its $4.6 million capital raising, issuing over 28 million shares and broker options to fund its promising mineral projects. This milestone strengthens the company’s position in the competitive tin and critical minerals sector.

Impact Minerals Limited has announced a 10, 1 consolidation of its securities, including ordinary shares, options, and performance rights, pending security holder approval. This restructuring aims to streamline the capital structure ahead of December trading.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares of Venus Metals Corporation Limited at $0.17 per share, representing a notable premium to recent trading prices. The offer, which allows immediate acceptance via ASX brokers, signals a potential shift in control and strategy for Venus Metals.

Belararox Ltd announces the immediate resignation of founding Managing Director Arvind Misra, with Chairman Neil Warburton stepping in as interim leader during the search for a new executive director.

The Supreme Court of Western Australia has approved Brightstar Resources’ acquisition of Aurumin Limited, setting the stage for Aurumin’s shares to be suspended and delisted from the ASX by early December.

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Golden Mile Resources announces the immediate resignation of Managing Director Damon Dormer, with the board stepping in to manage operations during the transition.

Fortuna Metals has reported exceptional rutile grades from initial soil sampling at its Mkanda and Kampini projects in Malawi, signaling promising early-stage exploration success near a world-class deposit.