Latest Exploration And Development News

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Winsome Resources advances its lithium and cesium portfolio with a new high-grade discovery at Sirmac-Clapier and a growing stake in Power Metals’ Case Lake project, positioning itself strongly in critical minerals.
Maxwell Dee
Maxwell Dee
13 Feb 2025
Tamboran Resources Corporation posted a $20 million net loss for the half year ending December 31, 2024, reflecting intensified exploration and development activities in the Beetaloo Basin amid no revenue generation. The company’s cash reserves declined to $59.4 million, underscoring the pressing need for additional capital to fund ongoing projects.
Maxwell Dee
Maxwell Dee
13 Feb 2025
South32 reported a robust US$360 million net profit for H1 FY25, driven by strong commodity prices and operational execution, while investing heavily in growth projects like Hermosa and returning US$169 million to shareholders.
Maxwell Dee
Maxwell Dee
13 Feb 2025
Pioneer Lithium has successfully raised $1.3 million in the first tranche of a $1.62 million placement, earmarked to accelerate its uranium project development. A second tranche awaits shareholder approval, signaling continued momentum for the company’s strategic growth.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Adelong Gold Limited has secured an additional $400,000 through a placement, increasing total funds raised to $1.573 million. This capital injection aims to fast-track exploration and development at its flagship gold project and lithium assets in Brazil.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Sky Metals has completed a successful diamond drilling program at its Tallebung Tin Project, intersecting significant visual tin-tungsten mineralisation in all five drill holes. A major 70-hole reverse circulation drilling campaign is set to begin in March, aiming to expand the resource.
Maxwell Dee
Maxwell Dee
12 Feb 2025
St George Mining has forged a strategic partnership with global EPC leader Xinhai, securing an A$8 million investment and a pathway to fast-track the Araxá niobium-REE project in Brazil.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Evolution Mining Limited has reported a record statutory net profit after tax of $365.1 million for the half-year ended December 31, 2024, driven by strong operational performance and higher gold and copper prices. The company also declared a fully franked interim dividend of 7.0 cents per share, continuing its consistent shareholder returns.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Horizon Minerals has commenced processing the first ore from its Phillips Find Gold Project, marking a key milestone in its path to gold production. The joint venture with BML Ventures is progressing well, with mining operations already delivering substantial volumes.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Finder Energy reports excellent progress on its Ikan 3D seismic reprocessing project, with imaging results exceeding expectations and the project on track for completion by end Q1 2025. The enhanced data aims to optimise development wells and de-risk exploration targets, potentially unlocking significant value.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Elixir Energy Limited has had its ASX trading suspension lifted following a pivotal announcement about expanding its Taroom Trough assets and initiating a capital raise.
Maxwell Dee
Maxwell Dee
11 Feb 2025
Elixir Energy Limited's shares have been suspended from trading pending a significant announcement about expanding its Taroom Trough position, signaling potential strategic growth in its energy assets.
Maxwell Dee
Maxwell Dee
11 Feb 2025