Latest Energy News

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.

ADX Energy reported a 23% rise in production to 303 BOEPD for Q2 2025, offsetting a 10% drop in Brent oil prices, while advancing key drilling plans and awaiting new permit awards.

X2M Connect reports improved revenue trends and a strengthened balance sheet after securing $5.5 million in new contracts, positioning the company for growth in FY26. A recent capital raise aims to reduce debt and fund expansion in key markets.

Horseshoe Metals has received mining approval for Direct Shipping Ore operations at its Horseshoe Lights project, recommissioned key infrastructure, and secured $851,000 in funding to accelerate near-term copper-gold production.

St George Mining has unveiled a maiden JORC-compliant resource at its Araxá Niobium-Rare Earth Project, initiating an expanded drilling campaign backed by a $5 million capital raise to accelerate development.

Cauldron Energy is gearing up for a major drilling campaign at its Yanrey Uranium Project, backed by a solid cash position and expanding resource base amid a bullish uranium market.

Whitebark Energy is progressing plans to drill the Rickerscote prospect in South Australia's Officer Basin, targeting hydrogen, helium, and hydrocarbons, while appointing a seasoned COO to lead growth.

Toro Energy has updated its Wiluna Uranium Project scoping study, revealing a robust pre-tax NPV of A$907.9 million and a rapid 1.5-year payback period, underpinned by strong uranium and vanadium resources.

Altamin Limited progresses its innovative Lazio lithium and sulphate of potash project with key engineering studies underway, while its Gorno base metals project reports exceptional zinc, lead, and silver assay results, setting the stage for strategic partnership discussions.

Enova Mining reports promising exploration results across its Brazilian and Australian projects, highlighting high-grade rare earth element assays and advancing metallurgical testing and regulatory approvals.