Latest Energy Resources News

Vulcan Energy has significantly expanded its lithium brine resource at Mannheim by 76% and reported its first geothermal energy resource estimate, marking a major step in its integrated renewable energy and lithium production strategy in Germany’s Upper Rhine Valley.

HyTerra Limited has reported unexpectedly high helium concentrations of up to 4.4% in its Blythe 13-20 well in Kansas, marking a significant extension of the helium play in Eastern Kansas. The company plans to convert the well into an appraisal site to further evaluate this promising discovery.

Constellation Resources has revealed compelling seismic and geochemical evidence indicating large-scale natural hydrogen potential in its Edmund-Collier project in Western Australia. The findings highlight promising organic-rich formations and fault structures that could underpin future hydrogen exploration.

Loyal Metals has secured a binding option to acquire the Highway Reward Copper Gold Mine, one of the world’s highest-grade copper assets, marking a significant step in its 2025 plan to expand into copper amid soaring commodity prices.

Whitebark Energy has finalized a preliminary well design and rig market assessment for drilling the massive Rickerscote prospect in 2026, estimating costs at AU$7.7 million. The move positions the company at the forefront of Australia's emerging hydrogen, helium, and hydrocarbon sectors.

SRG Global has locked in $850 million worth of contracts spanning water, energy, resources, and more, reinforcing its position as a diversified infrastructure leader in Australia and New Zealand.

Paladin Energy has appointed Paul Hemburrow as its new CEO, effective September 2025, following a planned succession process. The move aims to sustain the company’s growth trajectory in the uranium sector.

Veris Limited has announced a significant turnaround in FY25 with an expected profit before tax of up to $2 million, reversing last year's loss, driven by strategic digital spatial initiatives and acquisition integration.

Prominence Energy has agreed to acquire a vast natural hydrogen and helium exploration portfolio on the Gawler Craton, backed by a $1.75 million capital raise and strategic board appointments.

Tamboran Resources has reported a record 30-day initial production flow rate from its Shenandoah South 2H sidetrack well in the Beetaloo Basin, aligning with prolific US shale benchmarks and setting the stage for commercial gas sales by mid-2026.

Strategic Energy Resources has commenced gravity and magnetotelluric surveys at its Canobie Project, with Fortescue funding all exploration costs under their joint venture. These surveys aim to refine drill targets for potential copper-gold discoveries later this year.

Peninsula Energy reports progress on its Lance Project’s Central Processing Plant and announces the termination of three sales contracts as part of a strategic reset plan, while engaging in funding discussions to support completion.