Latest Alaska News

Santos Limited reports a 31% drop in net profit for H1 2025 despite increased sales volumes and progress on key projects, while receiving a non-binding acquisition proposal from an Abu Dhabi-led consortium.

Carnegie Clean Energy reported a $2.33 million net loss for FY2025 but made significant strides in commercialising its wave energy technologies, supported by new loans and a US subsidiary launch.

Lowell Resources Fund (ASX, LRT) reported a stellar FY2025 with net assets soaring 72.5% to $72.3 million and profits jumping over 1400%, driven by strong gold and precious metals exposure.

Diablo Resources has commenced its first-ever drilling campaign at the Phoenix Copper Project in Utah, targeting two promising prospects with strong surface copper indications. The fully funded program aims to unlock new copper resources near a major producing mine.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

Nova Minerals has garnered strong support from Alaska’s Governor and the Australian Consular-General for its Estelle Gold and Critical Minerals Project, aligning with key infrastructure and national security priorities.

Nova Minerals has achieved a remarkable 132% upgrade in antimony grade through ore sorting at its Estelle Project in Alaska, advancing its goal to establish a strategic U.S. supply chain amid critical mineral shortages.

Northern Star Resources updates its Ore Reserves and Mineral Resources following the acquisition of De Grey Mining, adding the Hemi project to its portfolio, while confirming steady progress on the KCGM Mill Expansion.

Nova Minerals reports a significant metallurgical breakthrough at its RPM Deposit, achieving a 4.33 times upgrade in gold grade via ore sorting and up to 68.7% gold recovery from heap leaching of lower-grade ore. This advances the Estelle Project’s development with a promising new processing flowsheet.

Santos has marked a significant milestone in its Pikka phase 1 project with the safe arrival of critical processing modules in Alaska, pushing the project close to completion and setting the stage for increased production by 2027.

PolarX Limited has kicked off its 2025 exploration season at the Alaska Range Copper/Gold Project, backed by a $3 million loan from Northern Star Resources to fund new airborne surveys and upcoming drilling campaigns.

Carnegie Clean Energy has made significant strides in advancing its wave energy technologies, signing key MOUs and achieving critical milestones in the ACHIEVE Programme during the June 2025 quarter.