Latest Observability News

Energy Metals Limited has reported promising uranium mineralisation from recent drilling at its Walbiri South and Penrynth prospects in the Northern Territory’s Ngalia Basin, highlighting potential for economic deposits.

Sunrise Energy Metals secures renewed interest from the US Export-Import Bank for substantial debt financing, reinforcing the strategic importance of its Syerston Scandium Project amid a landmark US-Australia minerals pact.

Western Yilgarn has launched ground exploration at its Ida Holmes Junction and New Norcia projects, aiming to expand high-grade gallium mineralisation critical for semiconductor and green energy technologies.

Wellnex Life Limited announces the resignation of CEO Zack Bozinovski, who will remain with the company until April 2026, while a $2.3 million loan repayment schedule is negotiated.

Dart Mining continues to reveal promising antimony mineralisation at its Coonambula project in Queensland, aligning with the new Australia-USA critical minerals pact. Assay results are pending, but visual drilling intercepts suggest significant potential.

Pure Hydrogen Corporation has locked in a $2.5 million loan facility to accelerate its clean energy vehicle rollout, aiming to capitalise on a growing sales pipeline in Australia and the US.

Trek Metals reports visible gold in diamond core and confirms widespread anomalous gold in RC assays, boosting the prospectivity of its Christmas Creek Gold Project in Western Australia.

Green & Gold Minerals has initiated a dual-rig drilling campaign at its Chillagoe Gold Project, aiming to grow its existing resource base and define a maiden resource at Little Wandoo. Initial assay results are anticipated within four weeks.

Raiz Invest Limited has reported record first-quarter FY26 results, hitting $2 billion in funds under management and expanding its customer base to over 335,000. The fintech firm also raised its earnings guidance, underpinned by new product launches and strategic partnerships.

Brightstar Resources has reported strong assay results from its recent diamond drilling at the Yunndaga deposit, reinforcing plans for an underground mine and resource upgrade within the Menzies Gold Project.

Latitude 66 has inked a binding deal with Iondrive to test innovative Deep Eutectic Solvent technology on cobalt concentrates from its Finnish KSB Project, aiming to boost cost-efficiency and sustainability in critical minerals refining.

Vonex Limited has finalized its Scheme of Arrangement, transferring all shares to Maxo Telecommunications and initiating a board overhaul ahead of its imminent ASX delisting.