Latest Energy News

Laramide Resources has successfully closed a $12 million private placement, issuing 20 million shares to fund critical US permitting and corporate needs. The upsized capital raise includes insider participation and broker incentives, positioning the company for its next development phase.

Lithium Energy Limited has made significant strides in its Capricorn Gold-Copper Belt and White Plains Lithium Brine projects, secured government funding, and received a major tranche payment from the Solaroz sale, while shelving its graphite IPO plans amid market challenges.

Strike Resources has made significant progress on its Apurimac Iron Ore Project in Peru, engaging with government agencies on critical railway infrastructure and initiating environmental studies, despite recent civil unrest impacting operations. Meanwhile, its stake in Lithium Energy Limited sees advancement in key lithium and gold-copper projects.

Kuniko Limited launches a $2 million rights issue to accelerate its low-carbon battery metals projects in Norway, backed by strong ESG credentials and strategic partnerships.

Kuniko Limited has announced a $2.03 million pro-rata entitlement offer, issuing new shares and free options to existing shareholders to support its expansion in battery metals exploration and development in Norway.

Infini Resources has announced a Phase 2 diamond drilling program at its flagship Portland Creek Uranium Project, alongside significant airborne survey results from Saskatchewan projects and the appointment of a seasoned mining executive as CEO.

RareX Limited advances its critical minerals portfolio with a strategic consortium for Kenya’s Mrima Hill project and unveils high-grade gallium and scandium at its Cummins Range deposit in Western Australia.

Perpetual Resources has reported a successful maiden drilling campaign at its Igrejinha Project in Brazil, intersecting a significant 200m lithium-caesium pegmatite body. The company also advances its rare earths exploration at the Raptor Project, supported by a recent $500,000 capital raise.

Winchester Energy reported steady oil production and revenue for the June quarter while resolving key legal disputes and undergoing significant board changes. The company also withdrew from costly Peruvian exploration plans, focusing on US operations and cost control.

Surefire Resources NL has progressed drilling at its Yidby Gold Project with promising metallurgical results, while advancing development of its Victory Bore critical minerals deposit. The company also launched a capital raising to support ongoing exploration and development.

Koba Resources has secured all necessary permits and raised $600,000 to launch a 3,000-metre drilling campaign targeting high-grade uranium extensions at its Yarramba Project in South Australia, following promising early 2025 discoveries.

Mount Ridley Mines advances its rare earth exploration strategy with a detailed tenement review and key board appointments, while maintaining a solid cash position at the end of June 2025.