Latest Exploration Spending News

IMDEX Limited has reported its strongest first half ever, with revenue climbing 16% to $247 million, driven by robust market share gains and key acquisitions that broaden its mining technology portfolio.

North Stawell Minerals is broadening its gold exploration strategy beyond Victoria, aiming to capitalise on strong gold prices with a diversified Australian project pipeline.

DPM Metals Inc. delivered record revenues and earnings in 2025, driven by higher metal prices and stable production, while completing the strategic acquisition of Adriatic Metals plc, adding the Vareš polymetallic mine to its portfolio. The company outlines a robust three-year growth plan focused on expanding production and exploration.

Western Mines Group has revealed a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, boasting 5.3 million tonnes of contained nickel and ranking among the world’s top 10 deposits.

Resouro Strategic Metals reports a $2.83 million loss for Q3 2025 while progressing its Tiros Titanium Dioxide and Rare Earth Elements Project, highlighted by an updated 1.9 billion tonne mineral resource estimate. The company also secured $3 million in a recent private placement, underpinning its exploration activities.

Lake Resources has clarified its latest cash flow report, highlighting $666k spent on environmental and power solution explorations while advancing key regulatory approvals for its Kachi lithium project. The company maintains a robust liquidity position and benefits from new technology partnerships aimed at reducing costs.

Heavy Rare Earths Limited has broadened its mineral rights at the Radium Hill project to include all minerals, setting the stage for a maiden drilling campaign in 2026 amid soaring yttrium prices.

Macarthur Minerals reported steady progress at its Lake Giles Iron Ore Project during the December 2025 quarter, alongside key board changes and cautious cash management.

Reedy Lagoon Corporation is advancing preparations for drilling at its Burracoppin Gold and Iron projects in Western Australia, while actively seeking joint venture partners to fund next phases.

Iceni Gold Limited reported a busy December quarter focused on advancing diamond drilling at its 14 Mile Well and Welcome Creek projects in Western Australia, with assay results expected soon and a cash position of $1.53 million.

Golden Cross Resources reported a quiet December quarter with ongoing preparatory work at its flagship Copper Hill copper-gold project, while its ASX securities remain suspended pending operational compliance.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.