Latest Development Projects News

EQ Resources Ltd has agreed to acquire six exploration permits near its Mt Carbine tungsten mine for A$250,000, aiming to expand its regional resource pipeline and support a hub-and-spoke processing model.

Forrestania Resources has launched a recommended off-market takeover bid for Zenith Minerals, valuing Zenith at about A$93.5 million with a 46.7% premium. The deal aims to create a larger, diversified Western Australian gold explorer and developer.

Hartshead Resources held a pivotal scheme meeting on 8 June 2026 to approve ACAM GP Limited’s acquisition offer, featuring a 133% premium and unanimous board support. The outcome now hinges on final court approval.

Brazilian Rare Earths Limited (BRE) is demerging its Amargosa Bauxite-Gallium Project into Alurion Resources, with eligible shareholders receiving in-specie shares and access to a $30-50 million IPO.

Ryman Healthcare nearly doubles operating profitability and generates positive free cash flow for the first time in over a decade, while shifting strategy toward sustainable growth and targeting dividend returns by FY28.

Tivan Limited has locked in a minimum $15 million funding package through a $10 million option underwriting agreement and a $5 million share placement with strategic investor ETFS Capital, supporting accelerated development across its Australian and Timor-Leste projects.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Green & Gold Minerals (ASX: GG1) has kicked off reverse circulation drilling at Copper Hills, following rock chip assays revealing extraordinary grades of silver, copper, tin, and indium across multiple prospects within its Herberton Conductor Metals Project.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.

Gorilla Gold Mines has reported a fresh wave of high-grade gold intercepts at its Sovereign Deposit, significantly extending the mineralised zone within its North Kalgoorlie Hub portfolio.

Marvel Gold has kicked off a 5,000-metre Reverse Circulation drilling campaign at its Hanang Gold Project in Tanzania, aiming to test high-priority structural gold targets with rapid PhotonAssay analysis.

UOA Development Bhd’s Q1 2026 results reveal a decline in revenue and profit compared to last year, despite a solid RM130.7 million in new property sales and a substantial unbilled sales pipeline.