Latest Development Activity News

Phoslock Environmental Technologies reported a widening cashflow deficit and disappointing sales in the December 2024 quarter, while legal challenges and share suspension continue to cloud its outlook.

Southern Cross Gold Ltd has officially become a wholly owned subsidiary of Southern Cross Gold Consolidated Ltd following a scheme of arrangement, with shareholders receiving new securities and the company set for ASX delisting.

Atrum Coal announces the lifting of suspensions on its Alberta coal mining approvals following a new Ministerial Order, while its legal challenge over previous restrictions advances to trial.

Conrad Asia Energy reports solid progress in Q4 2024 with finalized gas sales agreements and promising LNG studies, despite delayed final investment decisions due to regulatory approvals.

Sparc Technologies has committed to Stage 2 of its hydrogen joint venture, secured a pioneering patent in Morocco, and progressed graphene additive trials, signaling momentum in its clean energy and materials innovation.

Tamboran Resources has launched a major hydraulic stimulation campaign for its SS-2H ST1 and SS-3H wells in the Beetaloo Basin, deploying advanced Liberty Energy equipment to boost production efficiency and support Northern Territory energy supply.

WA Resources Ltd reports significant progress in its West Arunta Project, delivering promising drilling results and metallurgical testwork that pave the way for an updated Mineral Resource estimate in 2025.

FAR Limited reports robust production from Senegal’s Sangomar field and a solid cash position, while anticipating a contingent payment from Woodside Energy that could reach US$55 million.

DeSoto Resources has secured a strategic manganese project in Brazil and received pioneering drilling approvals in Australia's Northern Territory, setting the stage for significant exploration activity in 2025.

VHM Limited has secured ministerial endorsement for its Goschen Project Environmental Effects Statement, paving the way for a Final Investment Decision and targeted production in 2026. The company also advanced financing and strategic appointments to support its development trajectory.

Melbana Energy reports steady progress on its Cuban Block 9 project, including an imminent workover of Alameda-2 and upcoming drilling of Amistad-2, supported by a solid cash position of $9.7 million.

G50 Corp has advanced its exploration efforts with new drilling campaigns targeting high-grade silver, gold, and gallium at its Golconda Project in Arizona and White Caps Project in Nevada, supported by a recent A$5.6 million capital raise.