Latest Resource Development News

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Macarthur Minerals Limited reported a net cash outflow in operating activities for Q2 2025 but plans to shore up liquidity with a nearly $2 million rights issue expected to close in August.
Maxwell Dee
Maxwell Dee
31 July 2025
IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.
Maxwell Dee
Maxwell Dee
31 July 2025
Triton Minerals pushes forward with its Aucu Copper/Gold Project after securing exploration licenses, while navigating a protracted $8.5 million legal dispute over its Mozambique Graphite Assets sale and implementing austerity measures to safeguard cash.
Maxwell Dee
Maxwell Dee
31 July 2025
Resources & Energy Group Limited (REZ) reports strong progress in gold production at East Menzies with two successful gold pours and a $1.1 million capital raise, while divesting its Mount Mackenzie asset to sharpen focus on Western Australia.
Maxwell Dee
Maxwell Dee
31 July 2025
Admiralty Resources NL reported a cash balance of $1.738 million at the end of June 2025, supported by financing facilities that provide nearly seven quarters of operational funding. The company’s latest cash flow report reveals ongoing investment in exploration alongside careful management of its loan facilities.
Maxwell Dee
Maxwell Dee
31 July 2025
Northern Star Resources has declined to exercise its option to acquire Kalamazoo’s Ashburton Gold Project, leaving Kalamazoo to advance development plans amid record Australian gold prices. The company has initiated a Scoping Study and secured $2 million in fresh capital to support its next phase.
Maxwell Dee
Maxwell Dee
31 July 2025
State Gas Limited has successfully drilled two new wells at its Rolleston West Project, intersecting significant coal seams and initiating production testing, while engaging NSAI for independent reserve certification.
Maxwell Dee
Maxwell Dee
31 July 2025
DGR Global Limited reports steady progress in project generation and subsidiary investments, bolstered by a $23.5 million loan facility and a favorable legal appeal outcome. The company maintains a strong health, safety, and environmental record while navigating challenging market conditions.
Maxwell Dee
Maxwell Dee
31 July 2025
Athena Resources has completed a successful drilling campaign at its Byro South magnetite project, resolving key tenement disputes and strengthening its alliance with Fenix Resources. The company is advancing metallurgical test work to enhance ore quality.
Maxwell Dee
Maxwell Dee
31 July 2025
West Coast Silver has completed a $6 million capital raise through its first tranche placement and converted performance rights, setting the stage for further exploration at its high-grade Elizabeth Hill silver project.
Maxwell Dee
Maxwell Dee
31 July 2025
Golden Deeps Ltd has secured an 80% stake in Namibia’s Central Otavi Critical Metals Project and reported significant high-grade gallium intersections at its Nosib discovery, underpinning its expanding critical metals portfolio.
Maxwell Dee
Maxwell Dee
31 July 2025
Marquee Resources has progressed its Mt Clement antimony-gold project with Phase 1 drilling completed and assay results pending, alongside a $596,000 capital raise and a key executive appointment.
Maxwell Dee
Maxwell Dee
31 July 2025