Latest Northern Territory News

Tamboran Resources has agreed to farm down a significant portion of its Beetaloo Basin acreage to Daly Waters Energy, unlocking a $28.5 million staged earn-in and aligning with a strategic joint venture involving Japan’s INPEX Corporation.

Greenvale Energy has promoted Alex Cheeseman from CEO to Managing Director as the company prepares for a pivotal 2026 field season across its uranium projects in the Northern Territory and Queensland.

Bubalus Resources has streamlined its project portfolio and cut corporate costs, sharpening its focus on priority gold and critical minerals assets in Victoria and the Northern Territory.

Horizon Oil has released a first supplementary and replacement bidder’s statement for its off-market takeover offer for Cue Energy, proposing a mix of cash and shares that values Cue at a 10-14% premium. The deal aims to create a diversified oil and gas producer across Asia-Pacific with significant synergies.

PC Gold has reported multiple thick, high-grade gold intercepts from drill hole MS-011, extending the Main Zone strike at its Spring Hill Gold Project by 120 metres to the south. This discovery opens up significant potential to increase resource size and improve project economics within the existing pit shell.

Core Lithium has taken the final investment decision to restart its Finniss Lithium Project, backed by a $307 million diversified funding package and strategic partnerships. The project targets a 20-year mine life with low operating costs and significant growth potential.

CuFe Ltd has significantly upgraded the Orlando Copper-Gold Deposit resource classification at Tennant Creek, boosting Indicated tonnes to 87% and enabling underground mining studies. This milestone enhances the project’s economic outlook with critical minerals now factored into upcoming development plans.

MLG Oz Limited has extended its integrated site services contract with Westgold Resources for another year, expected to deliver around $75 million in revenue. The extension covers key mining hubs in Western Australia’s Murchison region.

DevEx Resources has identified multiple new kilometre-scale uranium soil anomalies at its Murphy West Project in the Northern Territory, advancing towards a maiden drilling campaign in 2026. These findings align with known uranium mineralisation patterns, reinforcing the project's potential in the McArthur Basin.

Litchfield Minerals appoints seasoned geologist Matt McGloin to strengthen its Northern Territory exploration efforts while progressing drilling at Oonagalabi amid operational delays caused by heavy rains.

PC Gold Limited reports multiple thick, high-grade gold intercepts at its Spring Hill project, extending known mineralisation and advancing pre-feasibility studies ahead of a June resource update.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.