Latest Energy News

GTi Energy has raised $2.5 million from the first tranche of a $4.5 million placement to fund drilling at its Lo Herma uranium project, with key permits expected in August and a strategic investment from Snow Lake Energy pending shareholder approval.

Peninsula Energy has locked in a $15 million debt facility from Davidson Kempner to advance commissioning at its Lance uranium project and support an upcoming equity raise. The funding aims to sustain momentum towards production resumption and ASX relisting.

G50 Corp has confirmed a significant new precious metals discovery at its Golconda Project in Arizona, revealing extensive gold, silver, and zinc mineralization from its latest drilling program. The results also highlight notable gallium mineralization, underscoring the project's strategic value.

Australian Rare Earths Limited (ASX, AR3) has acquired exploration license EL6895, adding 972 km² to its Overland Uranium Project and uncovering significant near-surface uranium potential from historic data. Drilling is set to resume in July 2025 to test this promising new target alongside existing deeper uranium prospects.

American West Metals reports promising visual copper mineralisation from deep drilling and identifies multiple new targets via advanced geophysics at its Storm Copper Project in Nunavut, Canada.

Caravel Minerals has initiated the engineering tendering process for its Caravel Copper Project, aiming to award contracts from August 2025. This follows a simplified plant design and a $15 million loan facility, positioning the project for streamlined development.

OD6 Metals has resolved a regulatory investigation with a minor penalty, paving the way for renewed exploration at its Gulf Creek Copper Project. The company is set to advance drilling campaigns targeting high-grade copper, zinc, and silver mineralisation.

Emperor Energy has raised $3.7 million through a share placement to advance the Judith-2 appraisal well in Victoria’s Gippsland Basin, backed by independent resource validation and strategic infrastructure proximity.

Mineral Commodities Ltd updates investors on the delayed sale of its Skaland Graphite Project, with Norge Mineraler making significant non-refundable payments and committing to complete the transaction by the end of July.

Pantera Lithium Limited has agreed to sell its Smackover lithium brine project in Arkansas to Energy Exploration Technologies for A$40 million, combining cash and stock consideration while retaining equity exposure to the lithium sector.

ClearVue Technologies and LandGlass subsidiary LandVac have entered a strategic partnership to co-develop and commercialize advanced solar vacuum insulated glazing products, aiming to revolutionize energy-efficient building materials worldwide.

Perpetual Resources has intersected over 200 meters of continuous lithium-caesium-tantalum pegmatite at its Igrejinha Project in Brazil, revealing promising signs of strategic caesium mineralisation alongside lithium. Initial assay results are expected soon, with further drilling underway to expand the discovery.