Latest Energy News

Enova Mining's latest drilling at East Salinas, Brazil, confirms significant rare earth element mineralisation in surface clays, with promising leach recoveries pointing to a cost-effective extraction pathway.

Talga Group has lodged a detailed prospectus for issuing attaching and piggyback options to recent Placement and Share Purchase Plan participants, potentially raising up to A$32.7 million upon exercise. The move supports its battery anode production scale-up and international expansion plans.

Sims Limited is consolidating its Houston footprint by acquiring Tri Coastal Trading assets and selling its Mayo Shell property, aiming to boost EBITDA and cut costs significantly.

Reach Resources reports exceptional metallurgical test results from its Murchison South Gold Project, highlighting high gold recoveries and favourable processing characteristics that support toll milling potential.

Australian Mines Limited has reported outstanding near-surface scandium assay results from its Flemington Project, revealing significant potential to expand its existing resource. Follow-up drilling and an updated scoping study are set to advance this strategic critical minerals asset.

Western Mines Group has revealed a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, boasting 5.3 million tonnes of contained nickel and ranking among the world’s top 10 deposits.

Fortuna Metals has reported significant high-grade rutile mineralisation at its Mkanda project in Malawi, with assays from 96 drill holes revealing a mineralised footprint extending over 25km. The Malawi government has confirmed the company’s exemption from raw mineral export restrictions, supporting its in-country beneficiation plans.

Kuniko Limited has identified a 4-kilometre gold-silver mineralised corridor at its Commonwealth Project in NSW, with multiple high-priority drill targets defined by advanced geophysical modelling. The company is poised to start its maiden diamond drilling program imminently.

Power Minerals Limited has reported outstanding high-grade niobium and rare earth element results from its completed auger drilling program at the Santa Anna Project in Brazil, confirming significant near-surface mineralisation and launching a major deeper drilling campaign.

Orion Minerals has locked in a US$250 million prepayment facility with Glencore to fund key developments at its Prieska Copper Zinc Project, marking a pivotal step toward production in South Africa.

Prospect Resources has announced a significant update to its Mumbezhi Copper Project resource estimate, revealing a 63% increase in copper tonnage and maiden gold and cobalt resources, positioning the project closer to development.

Dateline Resources has completed detailed infill geophysical surveys at its Colosseum Gold and Rare Earth Project in California, setting the stage for imminent diamond drilling. The integrated data aims to refine deep structural targets within a 1.1 million ounce gold resource.