Latest Development Activity News

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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.
Maxwell Dee
Maxwell Dee
17 Feb 2025
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.
Maxwell Dee
Maxwell Dee
14 Feb 2025
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.
Maxwell Dee
Maxwell Dee
14 Feb 2025
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.
Maxwell Dee
Maxwell Dee
14 Feb 2025
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.
Maxwell Dee
Maxwell Dee
14 Feb 2025
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.
Maxwell Dee
Maxwell Dee
13 Feb 2025
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.
Maxwell Dee
Maxwell Dee
13 Feb 2025
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.
Maxwell Dee
Maxwell Dee
13 Feb 2025
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.
Maxwell Dee
Maxwell Dee
13 Feb 2025
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.
Maxwell Dee
Maxwell Dee
13 Feb 2025
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.
Maxwell Dee
Maxwell Dee
12 Feb 2025
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.
Maxwell Dee
Maxwell Dee
12 Feb 2025