Latest Development Activity News

Osmond Resources has completed geological logging of its first drill hole at the Orión EU Critical Minerals Project, identifying seven promising mineral layers. A second drill rig is now operational to further test the continuity of these layers.

Duxton Farms has moved forward with a transformative merger to diversify its agricultural portfolio while navigating a challenging start to FY2026 with dry conditions impacting winter crops.

Boab Metals has successfully raised A$50 million through a two-tranche placement to fund key development milestones at its Sorby Hills silver-lead project, including asset acquisitions and early works.

Resouro Strategic Metals is on track to close its non-brokered private placement within the week, aiming to fund critical engineering work for its Tiros Titanium-Rare Earths Project in Brazil.

Critical Resources Limited has promoted Tim Wither from CEO to Managing Director, rewarding his leadership with a substantial incentive package as the company advances its critical minerals portfolio.

Forrestania Resources has initiated a scrip-based takeover offer for Kula Gold, valuing the company at nearly $59 million and promising regional consolidation in Western Australia's gold belt. The Kula board unanimously supports the deal, pending shareholder approval and regulatory conditions.

Black Cat Syndicate has locked in ore purchase agreements to boost processing at Lakewood, supporting the ramp-up of its Fingals and Majestic mines under its More Gold, Sooner strategy.

Verity Resources has acquired the remaining 34% joint venture interest in its Botswana copper-silver and nickel projects, gaining 100% ownership of a strategically significant critical metals portfolio. This move positions Verity to accelerate development in a region benefiting from major US export-import bank financing.

Green Technology Metals has successfully raised A$4.5 million through a two-tranche placement to accelerate development of its Seymour Lithium Project in Ontario, reinforcing its position in the North American lithium sector.

TMK Energy reports a significant 60% increase in gas production at its Gurvantes XXXV Pilot Well Project in September 2025, driven by improved drilling techniques and strategic reservoir management despite operational challenges.

Ballymore Resources has identified significant shallow copper-gold mineralisation at its Andromache prospect through a recent induced polarisation survey, setting the stage for upcoming drilling campaigns across multiple Queensland projects.

Broken Hill Mines Limited has locked in a binding underwriting agreement for its BHMO Options, aiming to raise approximately A$7.5 million to accelerate drilling and development at its Broken Hill projects.