Latest Development Activity News

Carnegie Clean Energy has signed a pivotal Memorandum of Understanding with BiMEP to develop a 6MW wave energy array in Spain’s Basque Country, marking a significant step in commercialising its CETO technology.

Peregrine Gold Limited has completed key geophysical surveys and aircore drilling at its Newman Gold Project, revealing promising gold anomalies and a significant Channel Iron Deposit near major iron ore operations. The company also successfully raised over $0.8 million, positioning itself for an active exploration phase ahead.

Bellevue Gold Limited reported robust cash flows for Q2 2025, boosting its liquidity position and reducing debt significantly through an early principal repayment. The company ends the quarter with a strong cash balance, underpinning ongoing development activities.

Power Minerals has received crucial environmental and hydrological approvals to begin drilling at its Pocitos Project in Argentina, a vital step toward establishing a lithium carbonate production hub in the Lithium Triangle.

Carnarvon Energy has committed up to A$89 million to acquire a near 20% stake in Strike Energy, marking a strategic pivot towards Western Australia’s burgeoning gas market while maintaining strong liquidity and advancing exploration plans.

Asra Minerals plans to rename itself GoldArc Resources and consolidate its shares on a 10-for-1 basis, aligning its corporate identity with a focused gold exploration strategy in Western Australia’s Eastern Goldfields.

Key Petroleum has moved its eight Potential Commercial Area applications into formal government evaluation, aiming to secure long-term tenure in Queensland’s Cooper-Eromanga Basin. Meanwhile, the company raised A$129,000 through an entitlement offer and is exploring international growth opportunities.

Mithril Silver and Gold Limited has successfully closed a C$11.5 million brokered private placement, positioning the company to advance its Copalquin district project in Mexico while bolstering working capital.

Corella Resources has successfully raised over $1 million through a Rights Issue and Placement, positioning itself to advance exploration and development at its Tampu Project and other tenements.

DeSoto Resources has accelerated its exploration efforts with promising gold assay results in Guinea and initial rare earth drilling in Australia’s Northern Territory, supported by a strong cash position.

Tivan Limited has forged binding joint ventures with Sumitomo Corporation and JOGMEC, secured significant equity investments, and launched a major drilling campaign to advance its Speewah Fluorite Project in Western Australia.

European Lithium has sold 0.5 million shares of Critical Metals Corp to a US institutional investor for approximately US$1.8 million, underscoring the significant value of its remaining stake.