Latest Energy News

FMR Resources has completed due diligence and a $2.2 million placement to earn a majority interest in Southern Hemisphere Mining’s Llahuin Copper-Gold Project, setting the stage for drilling at a promising porphyry target later this year.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.

D3 Energy’s latest re-test of the RBD10 well in South Africa’s ER315 permit shows a remarkable 38% increase in gas flow, underscoring unique reservoir dynamics that could lower development costs.

TMK Energy has forged a strategic alliance with Beijing-based J-Energy to accelerate development planning for its Gurvantes XXXV Coal Seam Gas project in Mongolia, leveraging J-Energy’s technical expertise and Chinese market connections.

Lincoln Minerals has announced a renounceable entitlement issue to raise up to $1.5 million, aiming to advance its critical minerals projects in South Australia, including imminent drilling at the Minbrie Copper & Base Metals Project.

Infini Resources has raised A$3 million through a flow-through share placement at a significant premium, fueling Phase 2 drilling at its Portland Creek Uranium Project in Canada. The capital raise underscores strong investor confidence ahead of a critical exploration push.

Perpetual Resources has raised $1.6 million to accelerate exploration of lithium and caesium deposits in Brazil, following promising initial drilling results at its Igrejinha project.

Boss Energy has acknowledged significant upward revisions to operating and capital costs at its Honeymoon Uranium Project, alongside challenges in achieving production targets, prompting an independent review.

SRJ Technologies has secured $1.38 million from institutional investors in a fully underwritten entitlement offer, setting the stage for a strategic joint venture and acquisition in the Middle East. The company aims to raise an additional $1.15 million through a retail offer to support its growth ambitions.

Firebird Metals has received a significant Expression of Interest from Taza Metal Technologies to purchase up to five of its energy-efficient kilns, potentially generating over US$10 million in revenue. This marks a key step in Firebird’s international commercial expansion and highlights its leadership in sustainable manganese processing technology.

Nimy Resources has appointed NYSE-listed M2i Global to spearhead its US government funding strategy, targeting key grants and loans to advance its gallium projects. This partnership aligns Nimy with critical supply chain initiatives in the United States.