Latest Development Activity News

Elevate Uranium Ltd has made significant strides in its uranium exploration and development efforts, with its U-pgrade pilot plant nearing shipment and promising drilling results expanding mineralisation at key Namibian projects.

Enova Mining has revealed significant near-surface titanium oxide and rare earth element mineralisation from initial auger drilling at its CODA Central Project in Brazil, highlighting the project's multi-commodity potential.

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme deal, offering Aurumin shareholders a premium and securing $50 million in fresh capital to fast-track development of the Sandstone gold district in Western Australia.

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme, raising $50 million to accelerate development of the Sandstone gold district in Western Australia. The merger creates a combined entity with nearly 4 million ounces of gold resources and a strong cash position.

RareX Limited has successfully raised A$2 million through a share placement at a premium, positioning itself to advance exploration and development across key rare earths projects in Australia and Kenya.

Stellar Resources reports strong progress on its Heemskirk Tin Project with an extended drilling program and robust cash reserves, aiming to boost tin production potential.

Omega Oil & Gas has secured a $7.3 million refundable R&D tax offset for FY23, bolstering its financial position and supporting ongoing development of its promising Canyon Project in Queensland.

Patronus Resources has validated the Thunderball uranium deposit as a high-grade asset through a comprehensive re-assay program, with extensional drilling now underway to explore its growth potential in the Northern Territory’s Pine Creek region.

Warriedar Resources has reported strong assay results from diamond drilling at its Ricciardo deposit, revealing wide, high-grade gold and antimony mineralisation that surpasses current resource estimates and signals significant growth potential.

Truscott Mining Corporation has re-established gold production in the Tennant Creek gold field and is progressing the Westminster high-grade gold project through advanced geological research and a structured development plan.

Yugo Metals Limited has launched a $100,000 capital raising through a new options offer, aiming to bolster working capital while navigating significant geopolitical and operational challenges in Bosnia and Herzegovina.

Rimfire Pacific Mining accepts an arbitration ruling that reinstates key project agreements and prepares for a capital raising amid continued voluntary suspension.