Latest Development Activity News

Emu NL has agreed to sell its Badja Gold Project subsidiary for AUD 3.5 million, redirecting focus and funds to its promising Yataga Copper Project in Queensland.

Riversgold Limited has partnered with Canadian AIS Resources to advance its Saint John Project, enabling AIS to earn up to 75% by funding exploration and drilling over four years while Riversgold retains a 25% free-carried interest.

Revolver Resources has successfully raised A$1.35 million through an oversubscribed equity placement, advancing its Dianne Copper Mine Project towards a Final Investment Decision targeted for late 2025.

GBM Resources has regained 100% ownership of the Mt Coolon Gold Project after Newmont's exit, consolidating its position in Queensland's Drummond Basin with a substantial gold resource and promising exploration targets.

Infini Resources Limited has launched a A$3 million flow-through share offer targeting its Canadian uranium projects, aiming to advance exploration amid regulatory and financing challenges.

Centaurus Metals has successfully raised $3.1 million through a Share Purchase Plan, complementing a recent $20 million placement to fund the development of its flagship Jaguar Nickel Sulphide Project in Brazil.

Wildcat Resources has confirmed high-grade spodumene lithium mineralisation at its Bolt Cutter Central project near Tabba Tabba, with diamond drilling revealing multiple stacked pegmatite intercepts. Further drilling is planned to expand this promising greenfields discovery.

Neometals has completed the sale of its lithium-ion battery recycling business, securing over A$10 million in cash and refocusing on its core mining and processing projects.

Enova Mining has narrowed its half-year loss to $1.07 million while progressing key rare earth and lithium projects in Brazil and Australia, supported by recent capital raises totaling $2.35 million.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.

Forrestania Resources has confirmed high-grade gold mineralisation at its Lady Lila prospect, upgrading the JORC-compliant resource to over 40,000 ounces. A third drilling campaign is planned to further expand the deposit.