Latest Government Approvals News

Dalaroo Metals has secured government approval for two key exploration licences, significantly enlarging its Blue Lagoon Project in Greenland and reinforcing its position in a critical minerals hotspot.

Toubani Resources has locked in a binding commitment for a US$73.3 million senior debt facility from Coris Bank to fund its Kobada Gold Mine construction, advancing its financing package amid strong cash reserves.

Unity Metals has extended its gold discoveries at the Ngot Gold Project in Cambodia, hitting mineralisation in all four drilled prospects with notable results near the Okvau Mine.

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.

Santana Minerals has corrected its timeline for settling the purchase of 3,680 hectares for its Bendigo-Ophir Project, extending the deadline to the earlier of mid-2030 or 12 months after mining consents are granted.

Santana Minerals has won New Zealand government approval to buy 3,680 hectares critical to its Bendigo-Ophir gold mine, paving the way for a NZ$500 million investment and 350 jobs.

NH3 Clean Energy’s WAH2 Clean Ammonia Project has been granted Federal Major Project Status, accelerating government approvals and supporting a Final Investment Decision by end 2026.

Strickland Metals has laid out an ambitious 2026 drilling program at its Rogozna Project in Serbia, targeting resource expansion and Pre-Feasibility Study support, despite delays in government approvals for its Shanac license.

Key Petroleum Ltd has wrapped up the last 3% tranche of its share placement, raising nearly $59,000 and exhausting its 15% ASX placement limit. The fresh capital is earmarked for asset acquisitions, development, and working capital.

Yugo Metals (ASX:YUG) secured government approval for its Petrovo tenement in Bosnia, while initial drilling at Sinjakovo’s Kovacevac and Erak prospects delivered promising polymetallic results. The company also appointed Petar Tomašević as permanent CEO, positioning itself for further exploration progress.

Brockman Mining Limited continues to develop its Marillana and Ophthalmia iron ore projects through joint ventures, progressing infrastructure plans at Port Hedland while maintaining a modest cash position and strong financing facilities.

AusQuest has confirmed a vast copper-gold system at its Cangallo project in Peru, revealing broad mineralisation and multiple higher-grade zones. Meanwhile, exploration momentum continues in Australia under a South32 alliance, with key drilling programs poised to start.