Latest Exploration And Development News

Andel Resources has exercised its option to enter a binding Right to Mine Agreement with Reach Resources, committing to fully fund mining and processing at the Murchison South Gold Project in Western Australia.

Amplitude Energy (ASX:AEL) posted record production and earnings for FY26, underpinned by strong operational execution and progress on the East Coast Supply Project (ECSP). The company strengthened its balance sheet, reduced net debt by 85%, and targets first gas from ECSP in 2028.

Impact Minerals (ASX:IPT) has initiated a renounceable pro-rata entitlement offer to raise up to $4.13 million at $0.032 per share, with two free attaching options for every three new shares. The partially underwritten raise aims to fund exploration and development across its key projects including High Purity Alumina.

Recharge Metals has locked in a heritage survey and lodged a mining lease application over its Prospero Deposit, setting the stage for a maiden 30,000m drilling campaign at Sunset Well in WA’s Eastern Goldfields.

D3 Energy has overcome a brief weather-induced pause at its Nooitgedacht helium project in South Africa, with drilling operations set to restart and production testing planned shortly.

Forrestania Resources has awarded a significant A$27 million contract to MEGA Resources for the initial open pit mining phase at its Tycho Gold Project, marking a pivotal move from development to production.

Aurum Resources has reported substantial high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, confirming resource growth potential at the BST1 deposit and BST2 prospect. The company plans a large-scale 130,000m drilling campaign in 2026, targeting a resource update by Q3 and a Definitive Feasibility Study by year-end.

Li-FT Power has consolidated its Quebec lithium assets through the Winsome acquisition, secured an option on the Renard mine site, and bolstered its balance sheet with a C$20 million financing to fuel exploration and development.

Marimaca Copper Corp. reported a robust cash position of $150.9 million at June 30, 2026, supported by a major equity raise and ongoing exploration in Chile. The company continues to develop its Marimaca Project and holds options on key regional properties.

PMET Resources posted a CAD 2.1 million net loss for Q1 2026, bolstered by strategic partnerships and a strong cash position as it pushes forward with its flagship Shaakichiuwaanaan lithium project.

InVert Graphite has completed the acquisition of RapidGraphite, gaining exclusive rights to the RapidPulse™ technology, and raised A$2.5 million to fund scale-up trials aimed at transforming battery-grade graphite production.

Latitude 66 Limited has agreed to sell its non-core Piastri Project to Capricorn Metals for A$1.5 million in shares, enabling a sharper focus on its core Finnish and Western Australian assets.