Latest Exploration And Development News

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

Resouro Strategic Metals has raised CAD$1 million through the first tranche of a private placement, advancing its Tiros Titanium-Rare Earths Project in Brazil. The company plans to use the funds to progress engineering work ahead of a Preliminary Economic Assessment.

Clara Resources Australia Limited has announced a fully underwritten entitlement offer to raise approximately $1.27 million, aimed at funding drilling and development activities at its Ashford Coking Coal project. The offer follows a recent placement and includes a shortfall facility for eligible shareholders.

South32 reported a robust September quarter with a 12% rise in copper equivalent production and a 33% surge in manganese volumes, while advancing key projects and maintaining full-year guidance.

Stanmore Resources delivered record coal production in Q3 2025, driven by strong operational execution at South Walker Creek and Poitrel, while adjusting full-year guidance to reflect site-specific challenges and market conditions.

iTech Minerals has secured all approvals and commenced earthworks for a focused gold-antimony drilling campaign at its Reynolds Range project in the Northern Territory, targeting high-grade mineralisation across three key prospects.

Clara Resources Australia Ltd has raised $1.6 million through a placement and a fully underwritten rights issue, aiming to accelerate development of its Ashford Coking Coal Project in New South Wales.

Sky Metals reports significant drilling successes and metallurgical advances at its Tallebung and Doradilla tin projects, supported by a $6.1 million capital raise to accelerate development.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Yari Minerals has begun a targeted drilling campaign at its Rolleston South Coal Project to confirm semi-soft metallurgical coal and upgrade its resource classification, setting the stage for a 2026 scoping study.

Aurumin Limited has obtained ASIC approval to extend its 2025 AGM deadline, aligning with the proposed acquisition by Brightstar Resources. This move sets the stage for a significant ownership change pending shareholder approval.

Jindalee Lithium has launched an options offer linked to its recent Share Purchase Plan and placements, aiming to incentivize shareholders and raise capital for its lithium development projects. The options carry an exercise price of $0.825 and expire in late 2028.