Latest Development Activity News

Deep Yellow reported a A$13.3 million FY2026 profit and moved its Tumas uranium project closer to a targeted fourth-quarter investment decision. The company remains debt free, but acknowledges it will need external capital to fund construction.

Key Petroleum has received the funds and issued 3.38 million shares under its additional placement capacity, raising AU$247,052.88 before costs. The capital is earmarked for potential asset acquisitions, existing asset development and working capital.

Globe Metals & Mining says 243 members of the Kanyika community have withdrawn long-running legal proceedings in Malawi, removing a historical contingent liability tied to the project. The development improves certainty around Kanyika, but land access still depends on a separate compensation and resettlement process.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.

Avenira Limited (ASX: AEV) has pushed back the closing date of its $48.87 million renounceable rights issue by a week, responding to shareholder demand and expanding eligibility to overseas investors.

Lithium Plus Minerals has significantly upgraded its Lei Lithium Project resource and secured a 20-year mining lease, positioning the company for near-term development and commercialisation.

Stanmore Resources is set to acquire the Moranbah South tenements for US$105 million, significantly expanding its metallurgical coal resources and enhancing synergies with nearby projects.

Gorilla Gold Mines has significantly expanded a high-grade footwall gold discovery at its Sovereign deposit in WA, extending the strike length to over 1 kilometre and revealing multiple exceptional intercepts outside the current resource.

4DS Memory Limited is raising nearly $3 million through a pro-rata entitlement issue as part of a broader $5 million capital raise to acquire AI software firm Jenesys and integrate it with its ReRAM technology.

Brookside Energy has expanded its US production base by acquiring Lone Star’s oil and gas interests, adding 123 BOEPD of low-decline, cash-flowing assets without issuing new equity.

Recharge Metals has wrapped up a key heritage survey with the Darlot People, clearing the way for its maiden 30,000m drill campaign targeting the 94,500oz Prospero Deposit and surrounding trend in WA’s Eastern Goldfields.

Strike Energy has secured Hancock Energy's Belisama facility as the preferred processing partner for West Erregulla gas and agreed on up to $30 million in funding to advance development, targeting first gas by mid-2029.