Latest Development Activity News

Trigg Minerals has secured NSW Government approval for the transfer of its Achilles Project licence, enabling formal exploration of the high-grade Wild Cattle Creek antimony deposit.

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

Matsa Resources has completed the sale of its 20% interest in part of the Lake Rebecca Gold Project to Ramelius Resources, receiving the final payment and solidifying its strategic position.

Macarthur Minerals Limited reported a comprehensive loss of AUD 252,771 for Q4 2024, marking a sharp reversal from the prior year's profit. The company is navigating reduced exploration spending and strategic asset sales while facing ongoing funding challenges.

Eagle Mountain Mining has issued over 202 million new shares and 50 million options, raising $1.62 million through its recent entitlement offer. The company is poised to complete the underwritten shortfall, potentially increasing its capital base further.

Advent Energy, in which MEC Resources holds a significant stake, is pursuing a judicial review against the federal government's refusal to extend the PEP-11 offshore petroleum permit. This legal move could reshape the future of the project and its stakeholders.

Advent Energy, with BPH Energy as a significant stakeholder, has launched a judicial review against the Federal Government’s refusal to extend the PEP-11 offshore petroleum permit, seeking to overturn the decision and force reconsideration.

Tamboran Resources Corporation posted a $20 million net loss for the half year ending December 31, 2024, reflecting intensified exploration and development activities in the Beetaloo Basin amid no revenue generation. The company’s cash reserves declined to $59.4 million, underscoring the pressing need for additional capital to fund ongoing projects.

Tamboran Resources reports significant progress in its Beetaloo Basin development, including record-setting drilling, strong cash reserves, and strategic partnerships, positioning itself for first gas in 1H 2026 and exploring new growth avenues.

Ora Banda Mining's latest drilling at Riverina confirms deep, high-grade gold mineralisation, extending mine life and prompting a $45 million investment to accelerate exploration and infrastructure expansion.

Adelong Gold Limited has secured an additional $400,000 through a placement, increasing total funds raised to $1.573 million. This capital injection aims to fast-track exploration and development at its flagship gold project and lithium assets in Brazil.

Brightstar Resources has entered a strategic earn-in agreement with Cazaly Resources, allowing Cazaly to earn up to 80% of the Goongarrie Gold Project by funding $3 million in exploration. This move streamlines Brightstar’s portfolio, enabling a sharper focus on advancing key development projects.