Latest Materials News

Invictus Energy has extended its Exclusive Prospecting Orders in Zimbabwe’s Cabora Bassa Basin for another three years, setting the stage for a high-impact exploration campaign including the Musuma-1 well targeting substantial gas and condensate resources.

Infini Resources has initiated its Phase 2 diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting multiple high-grade uranium anomalies within a 6-kilometre corridor. The company aims to refine its exploration model and potentially unlock a significant uranium discovery.

Infini Resources Limited has launched a A$3 million flow-through share offer targeting its Canadian uranium projects, aiming to advance exploration amid regulatory and financing challenges.

An independent study confirms Condor Energy’s Piedra Redonda gas field offshore Peru offers multiple viable pathways to early monetisation and long-term growth, positioning it as a strategic regional energy asset.

Lunnon Metals reports robust high-grade gold assay results from its Lady Herial deposit, underpinning a low-risk open pit development opportunity within the Kambalda Gold & Nickel Project.

Talisman Mining’s recent drilling at the Walkers Hill Project in NSW reveals extensive shallow gold mineralisation, validating a major geophysical anomaly and setting the stage for expanded exploration.

Benz Mining Corp reported a CAD 3.58 million net loss for Q1 2025, driven by ramped-up exploration at its newly acquired Western Australian gold projects. The company bolstered its cash position with a CAD 27 million private placement post-period, aiming to fuel further resource growth.

Control Bionics Limited has confirmed its compliance with ASX continuous disclosure rules following an inquiry about the timing and content of its financial results announcements.

Lunnon Metals has agreed to a brief extension of its exclusivity period with Gold Fields' subsidiary as negotiations continue over processing rights for the Lady Herial gold deposit.

Highfield Resources clarifies its financial position amid funding uncertainties, confirming ongoing talks with major investors and a standstill on matured convertible notes. The company maintains its commitment to the Muga Potash Project despite setbacks.

A shareholder has lodged a formal application with the Takeovers Panel challenging Emu NL’s recent entitlement offer and associated loan facility, raising concerns over board control and transparency ahead of a critical EGM.

My Rewards International Limited has announced a pro-rata entitlement offer aiming to raise up to $4.1 million, a key step toward meeting ASX reinstatement conditions after a prolonged trading suspension. The offer includes a debt conversion proposal and is partially underwritten by major shareholders.