Latest Northern Territory News

KGL Resources has launched a A$300 million equity raising to complete funding for the Jervois Copper Project, combining it with a US$300 million streaming deal and existing cash to fully finance construction and production.

Sabre Resources is poised to kick off a major drilling campaign at its Kurundi North Project, aiming to unlock copper-gold deposits analogous to Tennant Creek. This follows a transformative acquisition pending shareholder approval and includes government-backed funding for follow-up diamond drilling.

Tivan Limited has inked a Memorandum of Understanding with Aboriginal Investment NT to explore investment and Indigenous participation in the Molyhil Tungsten Project, advancing its critical minerals ambitions in the Northern Territory.

Greenvale Energy has completed a detailed airborne magnetics-radiometrics survey over its Thunderball Uranium Project in the Northern Territory, supported by a government co-funding grant for further electromagnetic exploration.

Daly Resources has debuted on the ASX after a $12 million IPO, positioning itself to explore fluorite, copper, and zinc in the Northern Territory, led by the Huckitta project.

Charger Metals has expanded its Medcalf Lithium Inferred Mineral Resource Estimate by 34% to 10.6 million tonnes at 1.0% Li2O, with tantalum grades also impressively high. The adjacent Medcalf West target adds further upside as Charger refocuses on advancing Lake Johnston.

Greenvale Energy has secured the Thunderball Uranium Project and expanded its Northern Territory portfolio to a 2,466km² district-scale landholding, featuring multiple high-grade targets and a historic resource slated for upgrade.

Pan African Resources PLC has delivered a 5.6% increase in gold production to 196,527 ounces for FY25, alongside a 60.5% jump in adjusted EBITDA to US$226.6 million. The group’s strategic acquisition of Tennant Mines in Australia and the early commissioning of the Mogale Tailings Retreatment operation mark significant milestones in its growth trajectory, underpinned by a robust sustainability and governance framework.

Charger Metals has struck a deal to sell its Bynoe Lithium Project to Core Lithium’s subsidiary for up to $14.75 million, including upfront cash, a resource milestone payment, and a capped royalty. The sale lets Charger focus on its Lake Johnston lithium ambitions.

Mandrake Resources has secured a drilling contract to advance exploration at its Berinka Project in the Northern Territory’s Pine Creek Orogen, targeting gold and copper mineralisation with a 3,200m reverse circulation program planned for August 2026.

CuFe Limited has dramatically increased the confidence in its Gecko Copper-Gold Deposit at Tennant Creek, raising the Indicated resource category from 4% to 66%, enabling more robust economic evaluation and mine planning.

KGL Resources has received the initial US$16 million tranche from a US$300 million precious metals streaming deal with Wheaton, marking a key funding milestone for the Jervois Copper Project development in Australia’s Northern Territory.