Latest License Approvals News

DMC Mining’s planned acquisition of the Firawa and Labé uranium projects in Guinea faces delays due to exploration license approvals, while the company’s cash reserves dwindle to just A$14,000.

Triton Minerals has officially secured exploration licenses for its Aucu Gold-Copper Project in Mozambique and received $8.5 million in funding, positioning the company to advance exploration activities.

MotorCycle Holdings Limited (ASX, MTO) has agreed to acquire Peter Stevens Motorcycles and Harley Heaven, expanding its footprint across Australia with 15 new dealerships and enhancing its digital retail capabilities.

Triangle Energy has signed binding agreements to sell its onshore Cliff Head assets to Pilot Energy, marking a strategic shift to focus on oil and gas exploration in the Perth Basin.

Estrella Resources has ramped up its manganese exploration at the Ira Miri Project in Timor-Leste with a more powerful diamond drill rig and a fresh supergene manganese outcrop discovery, setting the stage for an extensive drilling program.

Maronan Metals has significantly expanded its Maronan project resource, boosting the indicated silver-lead resource 2.5 times and reporting a maiden indicated copper-gold resource, setting the stage for advancing mine development.

Asara Resources reveals a robust 923,000-ounce gold resource at its Kada Project in Guinea’s prolific Siguiri Basin, setting the stage for extensive drilling and expansion in 2025.

Resource Mining Corporation (ASX: RMI) reported promising initial gold assays from its Saudi Arabian projects and is evaluating near-term gold production in Tanzania, while managing a constrained cash position and new funding arrangements.

DMC Mining Limited has extended the closing date for its public share offer to May 8, 2025, due to delays in obtaining exploration licenses for its Firawa and Labe Projects in Guinea. The company plans to lodge a second supplementary prospectus to adjust regulatory conditions accordingly.