Latest Australian Mineral Resources News

PRL Global Ltd reported a robust half-year performance with revenue soaring 64% to $1.14 billion and net profit rising 71%, driven by a strategic acquisition and operational growth.

Lion Selection Group has sold its stake in Erdene Resource Development Corp for A$12.3 million, securing a strong return and announcing a 2 cents per share fully franked special dividend for shareholders.

Greenvale Energy has significantly expanded its Douglas River Uranium Project in the Northern Territory’s Pine Creek region, nearly doubling its exploration footprint with two new licence applications. This strategic move positions the company strongly within one of Australia’s premier uranium provinces.

Aruma Resources has confirmed maiden drilling plans at its Fiery Creek Copper Project in Queensland and secured $900,000 in a recent placement to accelerate exploration across its portfolio.

Stelar Metals has been granted a new exploration licence in South Australia targeting titanium-rich heavy mineral sands, while also uncovering promising tin potential at its New South Wales Trident Project.

Calix Limited and Pilbara Minerals have recommenced construction on their Mid-Stream Demonstration Plant following a $15 million grant from the Western Australian Government, aiming for completion by December 2025.