Latest Government Support News

Papyrus Australia has appointed Daniel Schmidt as CEO and secured a $250k government grant alongside a binding agreement to produce biodegradable mining products, marking a decisive shift from R&D to commercial operations.

Variscan Mines has successfully completed the majority of the second tranche of its $2.5 million capital raise, issuing over 330 million shares and nearly 200 million options to support its zinc-lead project in Spain.

Strategic Energy Resources has kicked off a 1,500-metre diamond drilling campaign at its Isa North Copper-Gold Project in Queensland, targeting two promising IOCG anomalies identified through advanced geophysical surveys.

IperionX has received an additional $25 million from the U.S. Department of War to accelerate titanium production at its Virginia facility, reinforcing domestic supply chains for critical defense materials.

Locksley Resources appoints Kerrie Matthews as CEO and Danny George as COO to fast-track the Desert Antimony Mine and establish a U.S.-based antimony supply chain. Their leadership aims to overcome critical supply chain gaps amid rising demand.

Lindian Resources has appointed DRA Pacific to lead the Kangankunde Stage 2 Expansion Study, aiming to scale rare earths production amid strong market demand. This move follows the recent Final Investment Decision for Stage 1, targeting first production in 2026.

Resolution Minerals has begun a large-scale stream sediment sampling program at its Horse Heaven project in Idaho, aiming to uncover new critical mineral targets and validate geological links with Perpetua Resources’ adjacent Stibnite Gold Project.

Mont Royal Resources Ltd (ASX – MRZ) has lodged a prospectus to raise between A$8 million and A$10 million through a share offer priced at A$0.20 each, coinciding with a proposed merger with Commerce Resources Corp (TSXV – CCE). The combined entity aims to become a leading Quebec-focused critical minerals developer.

Lord Resources has visually confirmed a significant 20.2-metre copper mineralisation interval at its Ilgarari Copper Project in Western Australia, highlighting promising signs of a supergene-enriched zone. Assay results are expected in October as drilling continues.

St George Mining confirms a significant new high-grade rare earths and niobium discovery 1km east of its existing Araxá resource in Brazil, with assays revealing exceptional grades and promising expansion potential.

Global Laser Enrichment, Silex’s exclusive licensee, has completed large-scale uranium enrichment testing, advancing the SILEX technology closer to commercial deployment in the US nuclear fuel market.

Redstone Resources has reported a significant copper intersection at its Chatsworth Prospect in Western Australia, revealing promising mineralisation that could signal a larger nickel-copper-cobalt system nearby.