Latest Mining And Energy News

Noble Helium has rebuilt its balance sheet ahead of drilling at Tanzania’s North Rukwa project, but its auditor has warned that future capital raisings remain critical to the company’s survival. The Kinambo campaign is now moving from preparation to execution, with two wells planned and a prospective helium resource still to be proven.

Vulcan Energy has secured a second lithium production licence for its Lionheart project in Germany, removing another regulatory milestone on the path to targeted production in 2028. The Ilka licence is initially valid for six years, leaving a future consolidation and extension process still to complete.

Greenvale Energy is expanding the final phase of Alpha Test Program 7 after Technix failed to produce a compliant C-170 paving-grade binder. SAMI Bitumen Technologies will now test conventional bitumen blending and additive-based formulations, with results expected from a six to eight-week laboratory program.