Latest Production And Development News

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.

Vertex Minerals focused on underground decline rehabilitation at Reward Gold Mine during June quarter, setting the stage for mechanised long hole stoping in October 2026. Gold production aligned with mine plan, while corporate moves bolstered funding.

Bio-Gene Technology broadens its mosquito control program into Asia targeting key disease vectors, advances regulatory studies, and clinches a US patent extending Flavocide protection to 2040.

NT Minerals has scrapped its proposed Endeavour Project acquisition and entitlement offer after shareholders expressed concerns over contingent liabilities tied to the McKinnons Gold Mine. The company remains suspended on the ASX and holds under $500,000 in cash while continuing regulatory engagement and exploration planning.

Theta Gold Mines has locked in a US$90 million senior secured bond and raised US$18.6 million in equity, pushing its TGME Gold Project construction steadily towards first gold in early 2027.

Nexus Minerals has completed nearly 22,000m of RC drilling at Wallbrook, delivering strong gold intercepts and setting up an updated resource estimate by September. The company also moved to acquire Northern Star's remaining 10% stake in the Pinnacles JV, consolidating full ownership.

Black Bear Minerals reported exceptional silver drill results extending beyond its current Shafter resource and boosted its Independence gold resource to over 2.2 million ounces AuEq, while progressing operational restart studies backed by potential financing.

Sun Silver Limited is drilling to upgrade and grow resources at its Maverick Silver Project in Nevada, while expanding its landholding to 15 kilometres with a strategic acquisition and staking. The company engages Ausenco for scoping studies, holding $23.1 million cash at quarter-end.

Ariana Resources has sold its remaining 9.9% stake in the Kiziltepe mine for US$3.7 million, boosting cash reserves to A$39 million and sharpening focus on its flagship 1.6Moz Dokwe Gold Project in Zimbabwe.

Coda Minerals has delivered critical pre-feasibility study data and secured funding to push its Elizabeth Creek copper-silver project towards development milestones, including environmental approvals and expanded drilling.

Cannindah Resources has delivered compelling drilling results that expand and upgrade its Mt Cannindah copper-gold resource, alongside initiating metallurgical test work to support a resource update scheduled for Q3 2026.

BetMakers Technology Group delivered a robust Q4 FY26 with revenue rising 9.4% to $24.2 million and adjusted EBITDA nearly doubling to $4.5 million, driven by new commercial deals and operational efficiencies.