Latest Exploration News

Almonty Industries has announced a $700 million convertible senior notes offering due 2031, aiming to refinance existing debt and fund corporate initiatives amid rising tungsten demand.

Nex Metals Explorations has finalised the sale of its 20% stake in the Yundamindra and Kookynie Gold Joint Venture to Arika Resources, securing $0.5 million in net cash and a significant shareholding. The move clears joint venture funding obligations and redirects capital towards advancing its Kookynie Tailings Project and Egyptian exploration.

Silver Mines has locked in a $7.56 million capital raise by entering an underwriting agreement with Petra Capital to cover the exercise of nearly 63.2 million unlisted options expiring mid-June.

Aureka Limited's latest high-resolution drone magnetic survey over its Irvine Gold Project has unveiled several new high-priority exploration targets, with ongoing diamond drilling aimed at expanding its 304koz JORC resource. The engagement of renowned geologist Dr Barry Murphy signals a strategic push to decode the project's complex structural geology.

Euroz Hartleys confirms exclusive talks with BMO Financial Group over a potential $145 million sale of its Capital Markets business, retaining its Private Wealth division and pursuing standalone growth.

AuKing Mining expands its footprint at the Tundulu Rare Earths Project in Malawi through a structured earn-in agreement and a fresh airborne survey revealing a larger carbonatite system with multiple new drill targets.

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.

Resolute Mining’s Syama gold mine in Mali faces production setbacks in Q2 2026 due to security-driven logistical disruptions, pushing output below forecast while maintaining full-year guidance near the lower end.

Arika Resources has completed its acquisition of 100% ownership of the Yundamindra and Kookynie gold projects, consolidating control over key assets in Western Australia’s Eastern Goldfields and setting the stage for accelerated exploration.

Brazilian Critical Minerals (ASX: BCM) reports robust magnesium sulphate leach results from its 2025 drilling at the Ema project, validating key assumptions for a long-life, low-cost rare earth operation.

Tungsten Mining NL has kicked off a large-scale drilling campaign at its Mt Mulgine Project, aiming to test a substantial exploration target that could significantly boost its tungsten resources.

Right Resources’ drilling at the Pilot Project in Tumbarumba validates a large Reduced Intrusive Related Gold System, with assays highlighting low grades in the transitional halo but confirming the presence of a substantial mineralised footprint. The high-grade core remains untested, marking a key exploration focus.