Latest Development Activity News

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

WIN Metals has raised A$5.5 million through a heavily oversubscribed placement to fund drilling and development at its Radio Gold Mine and Butchers Creek projects, aiming to fast-track gold production.

Heavy Rare Earths Limited has reported significant assay results from its Radium Hill project, revealing high-grade scandium, yttrium, uranium, and rare earth elements along an 8km structural corridor. These findings bolster the company’s geological model and set the stage for accelerated exploration in 2026.

Scentre Group has sold a 25% stake in Westfield Chermside to a Dexus-managed fund for $683 million, maintaining half ownership and management control. This move injects fresh capital aligned with its long-term strategy.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Eagle Mountain Mining is progressing its Oracle Ridge Project partnership with Nittetsu Mining, as due diligence activities intensify in Arizona ahead of a potential joint venture agreement.

Canadian Phosphate Limited has raised A$2 million to advance its sedimentary phosphate projects in Canada, targeting fertilizer and battery material markets with new drilling and technology partnerships.

Kingsland Minerals has initiated a Pre-feasibility Study for its Leliyn Graphite Project, partnering with Quinbrook to test graphite concentrate for battery anode applications. This marks a significant step toward developing a world-scale graphite operation in the Northern Territory.

GreenTech Metals has agreed to acquire up to 80% of the high-grade Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia, consolidating a significant land package and planning a drilling campaign to upgrade the resource by early 2026.

Kingfisher Mining has completed its strategic acquisition of a diverse NSW copper-gold-silver-lead-zinc portfolio and is mobilizing drilling at the Copper Blow project in Broken Hill.

Greenwing Resources has amended its San Jorge Lithium Brine Project payment schedule, deferring two instalments to 2027 with added fees and options, while appointing Peter Wright as Managing Director with a new incentive package.

Anax Metals has completed a $2.4 million strategic placement by issuing over 219 million shares to Gold Valley Pilbara, strengthening its capital base. The placement was executed under existing capacity and accompanied by a cleansing notice confirming regulatory compliance.