Latest Exploration And Development News

Condor Energy has signed a non-binding MoU with Promigas Perú to jointly explore natural gas supply and distribution opportunities from the Piedra Redonda gas field, aiming to unlock value in northern Peru’s energy market.

Elixir Energy has independently certified an additional 189 BCFe of 2C contingent gas resources in Queensland’s Taroom Trough, lifting its total certified resources to approximately 2.8 TCFe. This milestone underscores the company’s expanding footprint in a key Australian gas basin with promising commercial potential.

Eagle Mountain Mining has received a non-binding indicative offer from Japan’s Nittetsu Mining to form a joint venture, injecting up to US$20 million to advance the Oracle Ridge copper project towards production by 2030.

Eagle Mountain Mining has successfully renegotiated its US$7.25 million loan with Vincere, gaining a 12-month repayment extension and a discounted early repayment option tied to key project agreements.

EnergyX’s share price hike to US$11 signals renewed investor confidence and a lithium market rebound, increasing Pantera Lithium’s holding value by A$5.4 million.

Impact Minerals is reigniting exploration at its vast Broken Hill project in NSW, leveraging rising metal prices and a proprietary multi-metal ratio to uncover high-grade platinum group metals and base metals.

BPH Global has locked in a six-month exclusive agreement to evaluate a proprietary ginseng-based formulation aimed at enhancing male vitality, signaling a strategic push into Traditional Chinese Medicine-inspired wellness products.

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Ballymore Resources has initiated a 1,000m diamond drilling program at the Seventy Mile Mount breccia pipe within its Ravenswood Project, aiming to unlock bulk-tonnage gold mineralisation at depth. This follows promising historic and recent drill results indicating improving gold grades below shallow intersections.

Kingsland Minerals has successfully closed an oversubscribed Share Purchase Plan, raising A$543,000 to advance its Leliyn Graphite Project and exploration efforts.

Prospect Resources has agreed to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift to focus on its larger Mumbezhi Copper Project in Zambia. The deal includes upfront and milestone payments tied to the buyer's development progress.

Far East Gold has secured a pivotal PIPPIB approval for 9,000 hectares of its Idenburg Gold Project in Papua, Indonesia, clearing a major regulatory hurdle and accelerating its path toward mine development.