Latest Energy Minerals News

Evolution Energy Minerals has issued a supplementary prospectus updating its Top Up Offer allocation policy to ensure compliance with takeover laws and prevent excessive shareholder control. The company clarifies that directors retain discretion over share allocations to balance fundraising goals with regulatory limits.

Iluka Resources posted a net loss of $288 million in 2025 amid subdued mineral sands demand but progressed key projects including the Balranald mine commissioning and Eneabba rare earths refinery construction.

Black Canyon Limited (ASX, BCA) has unveiled promising exploration results and positive scoping studies for its manganese and iron projects in Western Australia, positioning itself as a key emerging developer in the sector.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $4.03 million, aiming to fund exploration and development of its Tanzanian copper and graphite assets. The offer includes free attaching options and is partially underwritten, reflecting both opportunity and risk amid regulatory challenges.

Evolution Energy Minerals has announced a $4 million renounceable entitlement offer priced at 1.5 cents per share, including free attaching options, with major shareholder Metals One Plc committing $1 million.

Strike Resources has taken significant steps to enhance its Apurímac Iron Ore Project’s export capabilities through a new port services agreement and is progressing towards resuming mining operations. Meanwhile, its stake in Lithium Energy benefits from a major asset sale, boosting cash reserves.

Core Energy Minerals has expanded its rare earth element portfolio with the acquisition of the Itambe Project from Rio Tinto and reported promising exploration results at its Tunas Project in Brazil, supported by a $2.75 million capital raise.

Evolution Energy Minerals has ramped up exploration at its Chikundo Copper Project while stabilising its finances and navigating regulatory hurdles in Tanzania. The company is preparing for drilling in 2026 despite a tight cash position.

Surefire Resources NL reported significant progress in its Western Australian exploration portfolio during the December 2025 quarter, highlighted by standout gold intercepts at Yidby and advancing development at the Victory Bore critical minerals project.

Core Energy Minerals has launched fully funded exploration at its newly acquired Itambe Rare Earth Element project in Brazil, targeting high-grade anomalies with maiden drilling planned for the second quarter of 2026.

Evolution Energy Minerals has completed an extensive soil sampling program at its Chikundo Copper Project in Tanzania, setting the stage for a targeted drilling campaign in 2026.

Evolution Energy Minerals has resumed soil sampling at its Chikundo Copper Project in Tanzania, moving closer to a planned drilling campaign in 2026. The latest phase aims to refine drill targets and accelerate exploration progress.