Latest Exploration And Growth News

Ora Banda Mining (ASX:OBM) reported a substantial expansion of its Mineral Resources and Ore Reserves at the Davyhurst Gold Project, driven by exploration success and significant drilling investment.

Toubani Resources has secured a US$208 million funding package combining a US$160 million gold stream and a US$48 million equity raise, ensuring Kobada Gold Mine construction stays on track for first gold in Q3 2027.

C29 Metals has announced the immediate resignation of Managing Director Shannon Green, with CFO Ailsa Osborne appointed as an interim Executive Director while the company searches for a replacement.

Motio Ltd has reported its highest ever monthly revenue in June 2026 alongside strong forward bookings for FY27, underpinned by disciplined capital allocation and scalable growth.

DGR Global is sharpening its focus on copper and gold exploration in Queensland and Ecuador while pursuing a potentially lucrative damages case linked to Armour Energy's liquidation. The company also plans a share buy-back to unlock shareholder value.

Spenda Limited has accelerated its strategic turnaround by slashing operating costs by about $400,000 per month and locking in new retail contracts, while eyeing divestments and emerging tech opportunities.

Altair Minerals has strengthened its exploration leadership by appointing Dr. Sonia Scarselli as Specialist Advisor and forming a joint Technical Committee with Endeavour Mining to accelerate its Greater Oko Project in Guyana.

Peel Mining has issued proxy presentations and Chairman’s scripts for key shareholder meetings on the demerger of Spectre Metals and the proposed acquisition by Aeris Resources.

Leeuwin Metals has inked a non-binding MOU with Bain Global Resources and MEGA Resources to explore development, funding, and operational pathways for its 342,300oz Marda Gold Project in WA.

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Develop Global has greenlit major investments in its Sulphur Springs copper-zinc and Pioneer Dome lithium projects, backed by a US$400 million financing and offtake deal with Trafigura that also refinances Woodlawn.

Jade Gas has appointed Richy Xie as a strategic advisor to deepen its Asia-Pacific engagement while securing A$12 million in a premium-priced placement to accelerate its Mongolian gas project development.