Latest Rehabilitation News

Galilee Energy has raised A$3.5 million to fund a sidetrack drilling program at Zydeco-1, targeting 13.7 Bcf of gas and 610,000 barrels of condensate in Louisiana, while selling its Glenaras Gas Project to sharpen focus on US growth.

Caravel Minerals has significantly advanced its Caravel Copper Project with a near-complete Definitive Feasibility Study, marked by a 48% increase in Proven Ore Reserves and strengthened funding arrangements.

Podium Minerals has secured a $4 million underwritten share purchase plan to fund advancing metallurgical work and site rehabilitation at its Parks Reef PGM Project, following a significant step-change in concentrator performance.

Lunnon Metals has completed mining at its Lady Herial gold open pit ahead of schedule, delivering a record month in July and generating $35 million pre-tax free cash flow to date.

Native Mineral Resources (ASX:NMR) delivered a record 861.3oz doré smelt on 11 August 2026, marking a 46% rise from early August and pushing total production past 1,450oz in two weeks. Mining milestones at Blackjack South Pit and advancing development at multiple sites underpin the company’s growing momentum.

Wia Gold’s Kokoseb Gold Project in Namibia jumps to 3.78 million ounces in updated resource estimate, unveiling a maiden underground inferred resource and reinforcing its development potential.

Vection Technologies has locked in $1.2 million in non-repayable government funding to advance four distinct R&D projects spanning AI, Extended Reality, digital health, and inclusive technology.

Li-FT Power Ltd. is raising $20 million through a common share offering priced at $2.90 each, primarily to cover care and maintenance costs for its Renard diamond mine option and support corporate activities. The deal includes a 15% over-allotment option and has conditional TSXV approval.

Jameson Resources (ASX:JAL) is pushing its Crown Mountain steelmaking coal project in British Columbia towards environmental approval by mid-2027 and production by 2029-30, leveraging a low-cost, high-quality asset with a landmark Indigenous partnership.

Strata Minerals is pushing forward multiple technical workstreams at its Zelica Gold Project in Western Australia, backed by BML Ventures. These initiatives aim to de-risk mine planning, processing, and permitting as the project moves closer to development.

Control Bionics has achieved FDA registration for its NeuroStrip surface EMG platform, cementing its medical device status in the US and bolstering its appeal in clinical and research markets.

Galilee Energy has agreed to sell its Glenaras Gas Project subsidiary to Novus Energy, freeing up capital and management focus to accelerate its US Gulf Coast oil and gas ambitions while retaining a royalty interest in Glenaras.