Latest Development Activity News

Earth’s Energy Limited has halted further exploration spending on its South Australian and Queensland geothermal assets following an independent review, shifting focus to new project opportunities. The company maintains a healthy cash position while managing its existing licences conservatively.

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

Charger Metals has initiated a 3,000m drilling program at its Lake Johnston Lithium and Gold Project, fully funded by Rio Tinto Exploration, targeting multiple high-priority lithium and gold prospects. This follows a recent maiden resource estimate and aims to unlock further potential in a prolific Western Australian region.

Freehill Mining reports strong magnetite concentrate grades at its Yerbas Buenas project, while advancing its aggregates business and exploring copper-gold opportunities in Chile.

Clara Resources Australia Limited has announced a fully underwritten entitlement offer to raise approximately $1.27 million, aimed at funding drilling and development activities at its Ashford Coking Coal project. The offer follows a recent placement and includes a shortfall facility for eligible shareholders.

Clara Resources Australia Ltd has raised $1.6 million through a placement and a fully underwritten rights issue, aiming to accelerate development of its Ashford Coking Coal Project in New South Wales.

Sky Metals reports significant drilling successes and metallurgical advances at its Tallebung and Doradilla tin projects, supported by a $6.1 million capital raise to accelerate development.

Brightstar Resources has reported strong assay results from its recent diamond drilling at the Yunndaga deposit, reinforcing plans for an underground mine and resource upgrade within the Menzies Gold Project.

Legend Mining has completed a comprehensive review of the Pinnacle Well Project, identifying several untested gold and base metal anomalies, while advancing exploration plans for the coming quarter.

Southern Palladium has raised A$20 million through a strategic share placement to accelerate its Bengwenyama PGM project, positioning the company for key milestones including a Final Investment Decision in 2026.

EV Resources has secured a 150-tonne-per-day processing plant near its Los Lirios project, fast-tracking antimony production and positioning itself as a key North American supplier.

Jindalee Lithium has launched an options offer linked to its recent Share Purchase Plan and placements, aiming to incentivize shareholders and raise capital for its lithium development projects. The options carry an exercise price of $0.825 and expire in late 2028.