Latest Exploration Permits News

Resolute Mining has agreed to acquire the Doropo and ABC gold projects in Côte d’Ivoire from AngloGold Ashanti for US$150 million, significantly boosting its production profile and expanding into a new mining jurisdiction.

Celsius Resources has locked in a USD 76.4 million bridge loan from the Philippine sovereign wealth fund to advance early development of its flagship MCB copper-gold project, while raising A$3.3 million through a share placement to bolster its balance sheet.

Coppermoly Limited has secured $1.75 million in capital, appointed geologist Dickson Leah as CEO, and uncovered significant magnetic anomalies at its Mt Isa prospects, setting the stage for test drilling in Q2 2025.

D3 Energy’s latest quarterly report reveals a promising new helium production province at its ER315 permit, alongside expanded exploration permits and preparations for a key Production Right application.

Cokal Limited advanced its Indonesian metallurgical coal projects in Q1 2025 with key financing secured by joint venture partner PT Petrindo, completion of critical infrastructure, and a strategic US$7 million prepayment facility. These developments underpin Cokal’s strategy to ramp up production while reducing costs amid challenging market conditions.

Moho Resources has amended the sale terms of its Empress Springs Project with Qld Aus Graphite, replacing a royalty agreement with upfront cash payments totaling $708,500. Completion is expected soon, pending final conditions.

ENRG Elements Limited has completed a strategic overhaul with new management, significant cost reductions, and a renewed focus on its Agadez Uranium Project, while exiting several lithium assets.

Evion Group has marked a key milestone with its first expandable graphite shipment from its India joint venture, while progressing critical permitting for its flagship Maniry Graphite Project in Madagascar. The company also secured $2 million in funding to support expansion and development.

Pilot Energy has significantly upgraded its WA-481P gas and oil prospective resources, completed a board renewal, and secured $7.4 million in capital, while progressing the acquisition of the Cliff Head Oil Joint Venture and attracting foreign investment interest in its carbon storage project.

Many Peaks Minerals Limited has reported a significant high-grade gold discovery at its Ferké Gold Project, alongside a successful $6.22 million equity raise, positioning the company strongly for continued exploration in Côte d’Ivoire.

Adelong Gold Limited has secured a strategic farm-in deal with Great Divide Mining to fast-track gold production at its Adelong Project in NSW, while acquiring the high-potential Apollo Gold Project in Victoria. A recent $1.57 million capital raise underpins exploration and development ambitions across Australia and Brazil.

ADX Energy reported a 13% rise in Austrian production and a 15% increase in sales revenue for Q1 2025, while Welchau-1 well testing remains suspended pending legal review. The company also secured a key Italian gas exploration permit, positioning for growth across Europe.