Latest Operational Updates News

TMK Energy is set to drill a new pilot well at its Gurvantes XXXV Coal Seam Gas Project and is making headway in securing strategic partnerships, particularly with Chinese companies experienced in horizontal drilling and fracking.

Critical Resources Limited has completed a $500,000 capital raising and finalized the acquisition of the Amoco Antimony-Gold Project, expanding its footprint in the New England fold belt.

Boss Energy’s Alta Mesa Uranium Project in Texas is accelerating production with uranium extraction rates surpassing 3,000 pounds per day and ongoing wellfield expansion.

Matsa Resources has received a significant A$5 million option fee from AngloGold Ashanti, marking a key milestone in their Lake Carey Gold Project partnership. This payment underlines the progressing $101 million deal between the two mining companies.

Paladin Energy has appointed Paul Hemburrow as its new CEO, effective September 2025, following a planned succession process. The move aims to sustain the company’s growth trajectory in the uranium sector.

Legacy Iron Ore Limited announces a significant leadership reshuffle with CEO Rakesh Gupta stepping down immediately and Dr Ranajit Das appointed to lead the company from July 2025. Ben Donovan also joins the board as a Non-Executive Director.

AIC Mines has locked in a US$40 million prepayment facility tied to a copper offtake agreement with Trafigura, aiming to boost processing capacity at its Eloise mine.

Black Cat Syndicate has fast-tracked its Lakewood processing tolling program and appointed Tim Mason as COO to streamline operations and support its More Gold Sooner strategy.

Freehill Mining Limited has successfully raised approximately $509,736 through a near-complete entitlement offer, signaling strong shareholder confidence in its expansion plans across Chile’s aggregates and magnetite sectors.

Horizon Minerals reports robust progress at its Phillips Find and Boorara gold projects, delivering strong revenue and cashflow from recent toll processing campaigns. Upcoming plant treatments aim to complete the first mining phase and set the stage for improved cost performance.

Finbar Group has fast-tracked Ronald Chan’s appointment as CEO, aiming to leverage his deep company experience to strengthen its development pipeline and growth strategy.

InVert Graphite Limited has been reinstated to ASX quotation following its compliance with key listing rules, ending its trading suspension.