Latest Rehabilitation News

Medallion Metals and IGO have revised terms for Medallion’s acquisition of the Forrestania Nickel Operation, securing full asset ownership with a royalty on future gold production. The transaction targets completion by late 2025, underpinning a new gold-copper producer in Western Australia.

Aguia Resources has marked significant progress at its Santa Barbara gold project in Colombia, achieving maiden gold pours and initiating extensive drill testing. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise, positioning itself for expanded production.

Rox Resources has raised A$40 million through a strongly supported institutional placement to accelerate early development works at its high-grade Youanmi Gold Project, significantly de-risking the pathway to production.

Ausmon Resources has initiated a focused Aircore drilling campaign across four tenements in South Australia's Limestone Coast, aiming to expand on promising rare earth element findings from prior programs.

Stanmore Resources has released an updated maiden Reserves Statement for its Isaac Downs Extension metallurgical coal project, confirming 52 million tonnes of Run of Mine coal reserves and a robust +20-year mine life supported by existing infrastructure.

Vertex Minerals has made significant strides in commissioning its Reward Gold Mine gravity plant and preparing for underground mining, while also securing a US OTCQB listing to broaden its investor base.

Macro Metals Limited has secured $2 million from a strategic placement to Paramount Earthmoving, advanced exploration across multiple Pilbara projects, and entered a second majority Indigenous-owned joint venture, positioning itself for growth in mining services.

Theta Gold Mines reports significant progress in funding discussions, plant construction, and resource integration for its TGME gold project in South Africa during Q1 2025.

Prominence Energy reported steady progress on its uranium remediation and gas exploration projects while managing costs amid a constrained cash position. The company is poised to unlock value from key assets as it navigates funding challenges.

Focus Minerals Limited has set a new quarterly milling record at its Three Mile Hill plant while accelerating underground development at Bonnie Vale, underpinning a robust operational and financial position.

Eastern Metals reports a quiet March quarter with no exploration activity, a CEO resignation, and plans for significant capital raises alongside a proposed acquisition of Raptor Resources.

White Energy Company Limited has marked significant progress in its mining exploration and coal technology divisions during the March 2025 quarter, including achieving a key farm-in milestone and raising $3.7 million net from an entitlement offer.