Latest Australia News

Olympio Metals has completed Phase 2 drilling at its Bousquet Gold Project with 36 new significant gold intercepts, bringing the total to 138. The company also commenced Phase 3 drilling targeting extensions of a high-grade lode and secured an 80% interest in the Jacknife Silver Project in Idaho, USA.

Leeuwin Metals has secured a key mining lease at Evanston, placing all its Marda Gold Project resources on granted leases, while promising drill results and a strategic collaboration set the stage for resource expansion and project development.

Piche Resources completed its maiden RC drilling at Cerro Chacón, confirming a low-sulphidation epithermal gold-silver system at Toro Hosco, while a strategic review of Ashburton highlights high-grade rare earths and uranium potential.

NeuroScientific Biopharmaceuticals achieved an 80% clinical response rate in fistulising Crohn’s disease patients treated under the TGA Special Access Scheme, advancing plans for Phase 2 trials and manufacturing scale-up.

Taruga Minerals secured key exploration licences at its Weioko Gold Deposit in Papua New Guinea, paving the way for the first drilling since 2009. Concurrently, the company formalised land access at Kol Mountain and identified multiple high-priority copper-gold targets as field programs ramp up.

Microba Life Sciences has wrapped up a $5.41 million capital raise combining a $5 million institutional Placement and a $407,500 Share Purchase Plan, strengthening its balance sheet to accelerate growth in Australia and the UK.

InVert Graphite has acquired RapidGraphite and its RapidPulse™ technology, aiming to revolutionise graphite processing with rapid, acid-free purification. The company raised A$2.5 million to fund scale-up trials and integrate this with its Morogoro graphite project in Tanzania.

Forrestania Resources has raised $310 million and agreed to acquire the Edna May Gold Project for $300 million, aiming to establish a second production hub and accelerate its growth into a mid-tier Australian gold producer.

Bass Oil reported a 132% jump in quarterly oil sales revenue to A$2.67 million, driven by steady production and higher prices. The company completed its Vanessa gas field acquisition and is advancing drilling at Bunian 6, aiming to double production by late August.

Firebird Metals has validated its proprietary Lithium Manganese Rich (LMR) cathode materials, achieving discharge capacities on par with commercial references and significantly surpassing conventional LFP and high-nickel NCM cathodes. This milestone underscores Firebird's integrated battery materials strategy and sets the stage for advanced optimisation at its Australian Demonstration Plant.

GreenTech Metals’ latest drilling at Munni Munni confirms thick, high-grade PGE-Cu-Ni zones while an independent review spotlights significant new copper targets. The company strengthens its balance sheet with a $7.5 million placement and key technical hires ahead of an ambitious drill campaign.

AMCIL posted a modest 3.6% net profit increase to $6.9 million for FY2026 despite a 10% portfolio loss. The company cut total dividends to 4.0 cents per share, reflecting market headwinds and portfolio repositioning.