Latest Energy News

Nimy Resources has reported highly favourable mineralogy results from its Block 3 gallium discovery in Western Australia, setting the stage for critical metallurgical testing and maiden resource definition amid tightening global gallium supply.

DUG Technology reported a 23% surge in software revenue and a 15% rise in EBITDA for FY25-Q3, underpinned by strong services order growth and strategic expansion into Brazil.

Chilwa Minerals has confirmed a significant carbonatite mineral system hosting critical rare earth elements at its Lake Chilwa project, with ongoing diamond drilling underway at the Mposa anomaly.

Everest Metals has secured a $50,000 CSIRO Kick-Start voucher to conduct advanced geochemical studies on rubidium, lithium, and caesium at its Mt Edon project, aiming to enhance recovery processes and exploration targeting over nine months.

Lithium Energy Limited has received over US$33 million from the partial sale of its Solaroz Lithium Brine Project and acquired a 100% stake in the Capricorn Gold-Copper Belt Project, positioning itself for a strategic turnaround amid ASX suspension.

Vertex Minerals has made significant strides in commissioning its Reward Gold Mine gravity plant and preparing for underground mining, while also securing a US OTCQB listing to broaden its investor base.

M3 Mining Limited reports promising exploration progress at its Edjudina Gold and Victoria Bore Copper projects, while advancing talks to secure a strategic energy asset in North Africa ahead of a pivotal May shareholder meeting.

Earth’s Energy Limited reports progress on South Australian geothermal projects with promising feasibility study results, while navigating executive transitions and shareholder governance challenges.

Alara Resources reports steady copper-gold concentrate shipments from its Oman operations while unveiling promising exploration results at Block 8 and securing the Block 22B concession. The company navigates regulatory challenges with a halted rights issue and prepares for key developments in the coming quarter.

Riversgold Ltd has exercised its option to increase ownership to 80% in the Kalgoorlie East Northern Zone Gold Project, submitting a mining lease application while delivering significant shallow gold intercepts. Concurrently, its Saint John project in Canada reports high-grade copper, gold, silver, and antimony assays, with drilling approvals secured.

Po Valley Energy delivered steady gas output from its Podere Maiar-1 well in Q1 2025 while progressing multi-well drilling applications and a 3D geophysical survey in Italy. The company maintains robust cashflow and a solid financial position as it awaits key regulatory approvals.

Koba Resources has reported a significant high-grade uranium discovery at its Everest Prospect within the Yarramba Uranium Project, with multiple drill intercepts exceeding 1,000ppm eU3O8 over a 4km strike. The company is advancing plans for Phase 2 drilling in Q3 2025 while divesting non-core assets to focus on its flagship project.