Latest Energy News

Pursuit Minerals has dispatched high-purity lithium carbonate samples from its Argentine pilot plant to potential partners, advancing feasibility studies for a 5,000tpa operation while exploring strategic acquisitions in precious and base metals.

ADX Energy has secured a 70% economic interest in Austria’s Anshof Oil Field by acquiring Xstate Resources’ 20% stake, increasing its oil production share and strengthening its strategic position without any cash outlay.

Enova Mining has revealed promising high-grade rare earth element targets at its East Salinas project in Brazil, with surface samples returning up to 1.87% total rare earth oxides and strong magnetic REE signatures.

PVW Resources has confirmed widespread, near-surface rare earth element mineralisation at its Capão Bonito East Block in Brazil, with high-grade intercepts up to 5,662 ppm TREO. The company is advancing metallurgical testing and expanding exploration across its Brazilian portfolio.

Manuka Resources is poised to restart silver production at its Wonawinta Mine targeting 13.2 million ounces, while progressing its large-scale vanadium-titanium-magnetite project in New Zealand with a robust $1.26 billion valuation.

Tasmea Limited has declared a fully franked special dividend of 12 cents per share, reflecting robust financial performance and strong confidence in future growth prospects.

Everest Metals Corporation has completed a breakthrough engineering study demonstrating 97% rubidium recovery at its Mt Edon project, advancing Australia’s entry into the global rubidium market with a patented extraction process.

SRJ Technologies is advancing its transformation into a full-scale Asset Integrity Maintenance provider, appointing a new CEO and relocating its global headquarters to Abu Dhabi to anchor its growth in energy and industrial sectors.

Nico Resources has raised $1.1 million through a share placement priced at a premium, aiming to accelerate development of its flagship Wingellina nickel-cobalt project and support working capital needs.

Eclipse Metals has announced a transformative 70-fold increase in its Grønnedal rare earths inferred resource to 89 million tonnes at a high grade of 6,363 ppm TREO, positioning the project as a globally significant critical minerals asset.

Blue Star Helium has successfully drilled the State 9 well at its Galactica helium project in Colorado, confirming natural gas flow and progressing towards production. Laboratory tests on helium and CO2 concentrations are underway as the company prepares for production tie-in.

Power Minerals has initiated a 2,000m drilling campaign at its Santa Anna project in Brazil, aiming to validate and expand on historic high-grade niobium, rare earth elements, and gallium mineralisation ahead of a potential acquisition.