Latest Project Completion News

IRIS Metals Limited has made substantial progress in its South Dakota lithium projects, completing critical drilling phases and expanding its land holdings through strategic acquisitions, supported by a recent $4.27 million capital raise.

Tivan Limited has made significant strides in its critical minerals portfolio, establishing a key joint venture, acquiring the Molyhil Project, raising $15 million, and commencing drilling at Sandover. These developments underscore its growing role in Australia’s strategic minerals sector.

Kali Metals has identified a new high-grade gold prospect at its Marble Bar Project, extending the gold strike length to 3km, while maintaining a robust cash balance of A$5.13 million following a recent capital raise.

GR Engineering Services Limited reported a robust FY25 with revenue climbing to $479 million and EBITDA surging to $57.2 million, supported by successful project completions and an expanded contract pipeline. The company declared a higher fully franked dividend and maintains a strong cash position as it looks ahead to FY26.

Legend Mining has completed a comprehensive review of the Pinnacle Well Project, identifying several untested gold and base metal anomalies, while advancing exploration plans for the coming quarter.

CZR Resources has completed a $75 million sale of its Robe Mesa iron ore interest, emerging debt free with $76.3 million in cash to fund aggressive exploration at its Croydon gold and Edamurta copper projects.

Flynn Gold Limited has successfully raised $5 million through a rights issue and placement, positioning the company to accelerate drilling and exploration across its Tasmanian gold, silver, and critical metals projects.

Paladin Energy reports a record uranium production quarter at its Langer Heinrich Mine alongside a robust engineering review of its Patterson Lake South Project, supported by a successful A$300 million equity raise.

Amplitude Energy has successfully closed a $150 million equity raising, including a $19 million retail entitlement offer, positioning the company to expand its East Coast Supply Project and potentially restart the Patricia Baleen project.

Ballymore Resources has identified significant shallow copper-gold mineralisation at its Andromache prospect through a recent induced polarisation survey, setting the stage for upcoming drilling campaigns across multiple Queensland projects.

Vinyl Group’s subsidiary Funkified Entertainment is on track to meet its 2025 earn-out target, driven by major new contracts that reinforce the company’s vertical acquisition approach.

Magmatic Resources has responded to ASX queries over a recent spike in its share price and trading volume, confirming no undisclosed information exists. The company points to pending assay results from its Weebo Gold Project drilling as the likely catalyst for market interest.