Latest Project Advancement News

St Barbara Limited reveals strategic progress on its Simberi Sulphide Expansion and Atlantic Projects, underpinning a robust production outlook and advancing key regulatory approvals.

Lunnon Metals reports robust high-grade gold assay results from its Lady Herial deposit, underpinning a low-risk open pit development opportunity within the Kambalda Gold & Nickel Project.

Bastion Minerals has appointed seasoned geologist Ray Muskett to its board and secured shareholder approval to issue up to 750 million new shares, positioning the company for an accelerated exploration phase.

Lakes Blue Energy has successfully raised $5.8 million through a two-tranche placement, bolstering its efforts to advance the Wombat Project amid promising drilling results.

Enova Mining has narrowed its half-year loss to $1.07 million while progressing key rare earth and lithium projects in Brazil and Australia, supported by recent capital raises totaling $2.35 million.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Aurumin Limited has reaffirmed its commitment to the Mt Palmer Gold Project by retaining its 20% equity stake and continuing exploration funding alongside Kula Gold. This move signals confidence in the project’s potential amid ongoing drilling activities.

EV Resources has raised up to A$5.5 million through a share placement to accelerate development of its Los Lirios and Dollar Antimony Projects, backed by a strategic partnership with Locksley Resources.

IRIS Metals has expanded its footprint in the Black Hills of South Dakota by acquiring the Bob Ingersoll Mine and surrounding mineral claims, positioning itself for near-term lithium production with drilling planned for late 2025.

Rox Resources has appointed Byrnecut Australia as the underground mining contractor for its Youanmi Gold Project, marking a key step toward production. The two-part contract will see initial exploration decline development followed by full-scale mining upon a positive investment decision.

Aguia Resources has landed a $1 million institutional investment from Precious Metals Capital Group to accelerate development of its Santa Barbara Gold Project, with potential for an additional $2 million funding tranche.

Theta Gold Mines appoints Hansjoerg Plaggemars as non-executive director and promotes Bill Richie Yang to executive director, bolstering financial and project development leadership as the TGME Gold Mine Project advances.