Latest Exploration And Development News

Panther Metals has advanced its Burtville East Gold Project with a robust scoping study and secured $817,000 in funding to support further drilling and a strategic review of its nickel-cobalt assets.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

Apollo Minerals has secured a five-year reinstatement of its Couflens exploration permit in France, reviving prospects at the historic Salau tungsten mine alongside promising gold mineralisation. The company also advances exploration in Gabon and Serbia while raising A$6.55 million to fund its growth.

American West Metals has reported a substantial expansion of its Storm Copper Project resources in Canada alongside promising critical metals discoveries at its West Desert Project in Utah, underpinning its strategic growth and US market engagement.

Toro Energy shareholders are set to gain exposure to a diversified uranium portfolio through IsoEnergy’s acquisition offer at a near 80% premium, while Toro advances its Wiluna Uranium Project amid strong market tailwinds.

Flagship Minerals has completed a $2.5 million strategic investment from Xinhai, accelerating progress on its Pantanillo Gold Project in Chile with key milestones including a JORC resource update and environmental studies underway.

Lincoln Minerals has refreshed its leadership and shifted its corporate strategy towards copper discovery, advancing exploration plans at its Minbrie Project and forging key partnerships in graphite and iron ore development.

DGR Global’s December quarter report highlights ongoing legal battles, a contested SolGold acquisition offer, and steady progress across its diverse resource portfolio.

Variscan Mines has locked in a A$1 million convertible loan note facility to accelerate exploration and development at its Novales-Udías Zinc Project in northern Spain. This funding underpins the company’s strategy to restart production at the high-grade San Jose Mine.

Mount Ridley Mines has reported maiden JORC mineral resource estimates for scandium and gallium at its Mount Ridley Project, significantly boosting its critical minerals portfolio and consolidating tenure across a 70-kilometre strike.

IRIS Metals has reported significant progress in its US lithium and critical minerals projects, highlighted by major rubidium discoveries and a strategic tungsten farm-in. The company is poised to enhance its role in domestic critical minerals supply chains.

Astron Limited has advanced its Donald Rare Earth and Mineral Sands Project with conditional senior debt support and ongoing financing discussions, targeting a final investment decision by the end of March 2026.