Latest Australian Government News

Golden Horse Minerals reports robust assay results from 15 recent drill holes at Hopes Hill, confirming continuous high-grade gold mineralisation over 1.3km. Plans are underway to accelerate drilling with a diamond core rig to deepen geological understanding and advance resource definition.

VanEck Investments Limited has released a replacement Product Disclosure Statement for six Australian bond ETFs, reflecting updated reference indices and market conditions effective May 1, 2025.

WIN Metals has won a co-funded drilling grant from the Western Australian Government to test the Ganymede gold prospect, a promising extension of the Butchers Creek deposit. The grant covers half the drilling costs, accelerating exploration plans for 2025.

Black Canyon Limited has won a $122,500 co-funded grant from the WA Government to advance its Phase Two drilling at the promising Wandanya manganese and iron project, aiming to unlock further high-grade mineralisation along a 3km strike.

Duxton Water Limited reported its strongest quarterly performance since inception, with NAV per share rising 17 cents to $1.71, driven by a $121.3 million sale of water entitlements to the Australian Government and strategic portfolio moves.

Redstone Resources has commenced a pivotal deep diamond drilling program at its West Musgrave Copper Project, targeting a potentially transformative Voisey’s Bay-style Cu-Ni deposit beneath the Tollu Copper deposit. Results are anticipated in Q3 2025.

Mineral Commodities Ltd faces a buyer default on its Skaland sale while advancing negotiations to fully acquire the Munglinup Graphite Project, amidst operational and financial challenges.

Quantum Graphite Limited has been granted Major Project Status by the Australian Government for its Quantum-Sunlands Eyre Peninsula Graphite Hub, marking a significant milestone in its graphite supply chain development. Concurrently, the company progresses a US$300 million financing application with the US EXIM Bank and secures an Australian patent for its joint venture’s thermal energy storage technology.

Enterprise Metals Ltd has progressed its Western Australian exploration projects with heritage surveys completed and drilling scheduled, supported by a government grant covering nearly half the planned budget.

Kula Gold has reported promising drilling outcomes at Mt Palmer and Mustang prospects, earned an 80% stake in Mt Palmer, and raised $1.39 million through a recent entitlement offer.

Mantle Minerals has identified four promising new drill targets at its Mount Berghaus project following a high-resolution gravity survey, while seeking government co-funding to advance exploration.

Heavy Rare Earths Limited (ASX:HRE) has expanded its uranium exploration footprint through a significant asset acquisition in South Australia and advanced geophysical surveys, positioning itself for targeted drilling in 2025.