Latest Infrastructure News

Riversgold Ltd advances its Kalgoorlie East gold project with new drilling approvals and strong metallurgical recoveries, while Canadian exploration yields impressive copper and antimony assays.

Redcastle Resources has reported a substantial 280% increase in its gold Mineral Resource Estimates at its Queen Alexandra and Redcastle Reef deposits, reaching a combined 42,000 ounces. The company also signed a strategic MoU with Terra Mining to accelerate mining operations with a low capital expenditure model.

Pearl Gull Iron Limited reported limited exploration activity on Cockatoo Island during the June 2025 quarter, focusing on environmental compliance and native title negotiations, while securing a $500,000 unsecured loan facility to support ongoing operations.

Matsa Resources has commenced mining at its Devon Pit Gold Mine with first ore processing slated for September 2025, while also receiving a significant $5.7 million deposit from AngloGold Ashanti under a $101 million tenement option agreement.

Jayride Group has launched a new SaaS platform aimed at transforming its business model from a traditional aggregator to a scalable, subscription-based technology provider for ground transportation. Early integrations in Southeast Asia signal a strategic shift with promising growth potential.

Askari Metals has marked a pivotal quarter with strategic acquisitions in Ethiopia’s gold and copper sectors and advanced polymetallic exploration in Namibia, while securing fresh capital to fuel its African growth ambitions.

ADX Energy reported a 23% rise in production to 303 BOEPD for Q2 2025, offsetting a 10% drop in Brent oil prices, while advancing key drilling plans and awaiting new permit awards.

Lindian Resources has advanced construction at its Kangankunde Rare Earths Project ahead of schedule while securing 100% ownership of the Lelouma Bauxite Project, underpinning its growth strategy in critical minerals.

Variscan Mines has expanded its Novales-Udias zinc project in Spain with two new exploration licenses and reported promising underground drilling results at the Udias Mine, signaling strong potential for resource growth and mine restart.

X2M Connect reports improved revenue trends and a strengthened balance sheet after securing $5.5 million in new contracts, positioning the company for growth in FY26. A recent capital raise aims to reduce debt and fund expansion in key markets.

Horseshoe Metals has received mining approval for Direct Shipping Ore operations at its Horseshoe Lights project, recommissioned key infrastructure, and secured $851,000 in funding to accelerate near-term copper-gold production.

Redstone Resources has completed a significant deep diamond drilling program at its West Musgrave Copper Project, targeting potential Voisey’s Bay style mineralisation beneath the Tollu deposit, while securing $490,000 in fresh capital to fund ongoing exploration.