Latest Energy News

Terra Uranium advances its strategic pivot by acquiring key tin and tungsten assets in NSW while strengthening its uranium portfolio in Canada’s Athabasca Basin. The company raises $864,000 to fund exploration and drilling programs planned for 2025/26.

KGL Resources has paused drilling to deploy advanced 3D geophysical modelling, revealing significant deep mineral anomalies at its Jervois Project. The company is advancing construction readiness and securing funding amid strong copper, silver, and gold markets.

Energy Metals Limited reported steady progress in its uranium exploration projects during the June 2025 quarter, supported by a strong cash position and rising uranium prices. Preparations to refresh the Bigrlyi Pre-Feasibility Study and regional exploration groundwork highlight the company’s strategic focus.

Galilee Energy reported operational cost reductions and a $2.8 million cash balance following a partial capital raise, while progressing a farm-out process for its Denison Trough permit.

Strategic Energy Resources has secured $2 million through a share placement to acquire the Diamantina Copper-Gold Project and advance drilling programs across Queensland. The capital raise signals renewed momentum in the company’s copper-gold exploration strategy.

Metgasco reports a 4% dip in quarterly sales revenue and a 9% drop in production, while launching a Production Uplift Program funded by a $750,000 capital raise. Operational improvements at Odin and Vali fields helped slow the decline.

Beetaloo Energy Australia Limited reported significant cash outflows from exploration activities in Q2 2025, balanced by strong financing inflows that secure its liquidity for the near term.

Beetaloo Energy Australia Limited has completed a $35 million capital raise and successfully finished hydraulic stimulation of its Carpentaria-5H well, setting the stage for production expected in 2026. Traditional Owner consent and strong liquidity underpin the company’s next development phase.

Blue Star Helium has successfully completed its 2025 Galactica drilling program, securing a major permit for CO2 processing and preparing to start commercial helium production in the second half of 2025. The company also raised $4.54 million to fund ongoing development.

Global Uranium and Enrichment Limited has completed a transformative acquisition of the Pine Ridge Uranium Project in Wyoming, initiating a large-scale drilling program that positions the company as a key domestic uranium developer in the US.

Connected Minerals Ltd has greenlit a Phase 2 drilling campaign at its Etango North-East Uranium Project in Namibia, following impressive Phase 1 results that revealed economic uranium grades in nearly all holes drilled.

Carbine Resources secures a pivotal mining lease for its Muchea West Silica Sand Project and raises $1.78 million to fuel exploration, marking significant progress in its Australian silica sand ventures.