Latest Exploration News

Boss Energy Limited reported a $7.7 million operating cash outflow in the June 2025 quarter, reducing its cash reserves to $36.5 million. The company’s cash runway now stands at just under five quarters amid ongoing investment and operational costs.

Toubani Resources has made significant strides in developing its Kobada Gold Project in Mali, securing a $29 million strategic placement and launching extensive drilling programs aimed at expanding its mineral resource base ahead of a final investment decision.

Noble Helium has upgraded its North Rukwa helium resource estimate by nearly 30%, driven by fresh data and a refined charge model, setting the stage for a targeted drilling campaign.

Boss Energy has exceeded its FY25 production and cost targets at the Honeymoon Uranium Project, marking a major milestone of over 1 million pounds of uranium produced since commissioning. The company’s robust balance sheet and operational ramp-up position it well for growth amid a strengthening uranium market.

D3 Energy has achieved a significant milestone with maiden reserve certification for its South African ER315 permit, alongside a 32% boost in gas flow rates and strategic expansions into Australia and South Africa.

Global Lithium Resources has made significant progress on its Manna Lithium Project, advancing its Definitive Feasibility Study and securing a key variation to its offtake agreement with Canmax. The company also reported a substantial reduction in its cash burn rate, maintaining a strong cash position.

Viridis Mining and Minerals has locked in a strategic US$30 million equity funding partnership with leading Brazilian asset managers to accelerate its Colossus Rare Earth Project towards production.

Torque Metals has initiated diamond drilling at its Paris Gold Project to extend promising high-grade gold mineralisation, leveraging government co-funding and advanced geophysical targeting.

OD6 Metals has reported strong high-grade copper results from its maiden drilling at Gulf Creek, NSW, alongside progress in rare earth metallurgical testing and closure of a regulatory investigation.

Nova Minerals supports the permit application for the West Susitna Access Road, a vital infrastructure project set to enhance mining access and economic growth in Alaska’s resource-rich region.

Stanmore Resources has reported a robust recovery in its June quarter operations with increased coal production, zero serious safety incidents, and positive cash flow, despite challenging weather conditions. The company maintains its full-year production guidance, signaling resilience amid market uncertainties.

Develop Global Limited has marked a pivotal quarter with initial concentrate shipments from its Woodlawn Copper-Zinc Mine, the commencement of earthworks at Sulphur Springs, and a substantial A$180 million capital raise to fuel an aggressive growth strategy.