Latest Production And Development News

WA Kaolin secured a $16 million balance sheet boost but faces a sales outlook hit after a major customer cancelled forward orders, prompting a strategic review.

QX Resources is progressing key preparatory steps for its maiden drilling campaign at the Madaba Uranium Project in Tanzania, while maintaining a steady cash position of $1.62 million at quarter-end.

Top End Energy is deepening strategic partnerships for its Beetaloo and South Nicholson projects while maintaining a tight cash position and voluntary ASX suspension.

Renegade Exploration has monetised its Carpentaria Joint Venture stake for $2.88 million, securing cash, shares, and performance rights while pushing ahead with exploration in Yukon and Nevada.

North Stawell Minerals (ASX:NSM) has expanded its gold footprint at the Darlington and Caledonia prospects, with follow-up diamond drilling underway and new geochemical targets identified along a 3.6km trend in Victoria.

G50 Corp has validated a polymetallic gold-silver-zinc discovery over 1.3km at its Golconda Project in Arizona, extended to 1.8km post-quarter, while securing $26.25 million to accelerate drilling and metallurgical work in the US.

Zuleika Gold has agreed to a recommended all-scrip takeover by CZR Resources, valuing the company at $44.8 million and offering shareholders a premium over recent trading prices. Exploration advances continue with new seismic surveys and drilling approvals across key projects.

Ragnar Metals has kicked off its first diamond drilling campaign at the Harnäs Gold Project in Sweden, targeting high-grade extensions of known gold mineralisation. Alongside, the company’s stakes in Kaiser Reef and High-Tech Metals continue to deliver positive operational updates.

Alchemy Resources has secured a major milestone with Newcam Minerals exercising its option on the Bryah Basin Iron Ore Project, while completing the sale of its Karonie and Lake Rebecca gold projects to Forrestania Resources. The company also progressed exploration activities in New South Wales, positioning itself for multiple discovery opportunities.

Zeus Resources secured a binding agreement to acquire the Diaguili copper-gold project in Mauritania and confirmed strong trenching results at its Casablanca Antimony Project. The company raised A$2 million in a placement to support these developments.

Kaili Resources continues its rare earth element exploration in South Australia’s Limestone Coast, focusing on the Mallee Project within the Coodalya tenement, while managing modest quarterly cash outflows and maintaining financing support.

Basin Energy’s maiden drilling at Newmans confirms a thick, shallow rare earth oxide corridor, validating a key exploration model and expanding its Queensland footprint. Meanwhile, the sale of its Canadian uranium project progresses with strategic upside retained.