Latest Permitting News

Gibb River Diamonds reported a A$5.61 million profit after receiving a A$7 million pre-GST distribution from its Neta gold joint venture. The cash windfall leaves the explorer with A$6.74 million in the bank, but its next challenge is converting a one-off mining payment into a credible development pipeline.

Carnaby Resources has secured court approval to put Evolution Mining’s proposed acquisition to shareholders, with an independent expert declaring the scheme fair and reasonable. The decisive vote is scheduled for 26 October, subject to the scheme booklet being registered and distributed.

WA1 Resources has ended FY26 with a larger, higher-confidence Luni niobium resource, encouraging processing results and A$123.8 million in cash. The project now moves towards a targeted Q4 CY2026 Pre-Feasibility Study, with permitting, funding and commercial viability still ahead.

Great Boulder Resources has used FY2026 to make the leap from gold explorer toward producer, acquiring Peak Hill and securing a 481,000-ounce resource alongside its 1.02 million-ounce Side Well project. The strategic shift came with a A$9.93 million loss, a heavily expanded share count and a clear near-term test: whether 40,000 metres of drilling can support development by late 2027.

QMines is spending $2.388 million on two freehold properties that remove a key access constraint over the Botos deposit near Mt Chalmers. The acquisition clears the way for modern drilling, but the deposit remains an untested conceptual opportunity rather than a defined resource.

Bannerman Energy has opened a non-underwritten share purchase plan targeting approximately A$10 million to support construction and working capital at its Etango uranium project in Namibia. The offer gives eligible Australian and New Zealand shareholders access to the same A$4.00 issue price as the company’s A$124 million institutional placement.

Anson Resources has completed environmental baseline surveys at its Yellow Cat uranium-vanadium project in Utah, clearing a stated hurdle ahead of planned drilling. The next test is whether twin holes can validate historical high-grade results and support a maiden JORC 2012 resource estimate.

Aurum Resources has identified high-grade gold outside the current Mineral Resource at its BMT2 prospect in Côte d'Ivoire, including 2.38 metres at 22.01 g/t gold. The results arrive as the company moves towards a Boundiali resource update and Definitive Feasibility Study later this year.

Tesoro Gold has established a maiden 1.28 million-ounce JORC Ore Reserve at Ternera in Chile, entirely within a single open pit. The reserve gives the El Zorro project a 13-plus-year production base, but the next test is funding and permitting a development still at PFS stage.

Neu Horizon has completed the main phase of its Swedish uranium exploration campaign, collecting more than 12,000 line kilometres of airborne geophysical data across its portfolio. The company is now integrating the results and refining targets for a maiden drilling programme planned for early 2027, subject to permitting.

FireFly Metals has turned a year of aggressive drilling into a substantially larger, higher-confidence Green Bay resource, backed by an August PEA and fresh funding. The next test is execution: feasibility, permits, construction decisions and the capital required to build a mine.

Dreadnought Resources has sharply reduced its FY2026 loss while building a larger exploration portfolio and advancing two high-grade gold deposits toward potential production. The ASX-listed explorer ended the year with $15.7 million in cash, but remains dependent on funding until operating income arrives.