Latest Mineral Resources And Exploration News

Austral Resources Australia Ltd is advancing its strategy to become a mid-tier copper producer by consolidating key assets in Queensland’s Mount Isa copper belt, supported by a $40 million capital raise.

Austral Resources Australia Ltd has launched a $40 million placement at 5 cents per share to fund the acquisition and recommissioning of the Rocklands copper project in Queensland. The offer includes share and option issues tied to debt conversions and is conditional on shareholder approval and ASX reinstatement.

Sunstone Metals’ latest surface sampling at its Bramaderos Project in Ecuador reveals promising expansions in gold-copper mineralisation, setting the stage for significant resource growth.

Native Mineral Resources Holdings Limited reported significant cash outflows in its June quarter, offset by a recent $10 million share placement aimed at supporting its Blackjack Milling gold project development.

Resolute Mining reported solid Q2 2025 gold production of 75,962 ounces and maintained its full-year guidance, supported by strategic project acquisitions and steady progress across key West African assets.

Mount Hope Mining has defined a maiden gold exploration target at Mt Solitary and more than doubled its landholding in the Cobar basin, setting the stage for a maiden drill program in September 2025.

Askari Metals supplements its Nejo Gold Project acquisition announcement with detailed drill hole data and confirms the reliability of historical exploration results, while noting compliance limitations.

Pioneer Lithium has defined a conservative uranium Exploration Target at its Warmbad Project in Namibia, revealing significant potential for resource expansion through modern exploration techniques.

Global Uranium and Enrichment Limited has kicked off a major drilling campaign at its Pine Ridge Uranium Project in Wyoming, aiming to unlock a significant uranium resource in the prolific Powder River Basin.

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

Benz Mining reports significant high-grade gold intercepts at its Glenburgh Gold Project, confirming continuity and expanding resource potential. The company advances its maiden resource estimate with a fully funded 30,000m drill program underway.

Turaco Gold Limited invites eligible Australian and New Zealand shareholders to participate in a $4 million Share Purchase Plan at $0.44 per share, following a recent $60 million institutional placement. The discounted offer aims to fund exploration and development at the Afema Gold Project.