Latest Resource Development News

Macro Metals Limited has successfully raised A$2 million through a share placement, positioning itself to accelerate exploration and expand its mining services operations.

Peel Mining Limited has updated its mineral resource estimates, highlighting a robust 22.9 million tonnes at 2.20% copper equivalent across its South Cobar Project. The company is advancing pre-feasibility studies and exploration drilling at key deposits, positioning itself as a significant player in the Cobar Basin copper hub.

Siren Gold has appointed seasoned mining executive Zane Padman as CEO, signaling a strategic push to unlock the potential of its Sams Creek gold project. This leadership change aims to accelerate development amid strong market conditions for gold and antimony.

Augustus Minerals has appointed Dr James Warren as its new CEO, bringing a wealth of exploration and corporate growth experience to lead its promising Western Australian projects. This leadership change signals a strategic push towards advancing drilling campaigns and unlocking shareholder value.

Norwest Minerals has completed Phase 1 of its 2025 drilling campaign at the Bulgera Gold Project, intersecting promising mineralised zones and announcing a 33% resource increase. Assay results are pending, with Phase 2 drilling set to begin next month.

Dynamic Metals and Mineral Resources have formalised their Widgiemooltha Lithium Joint Venture with key amendments, including a two-year earn-in extension and a streamlined tenement portfolio.

Morella Corporation has publicly disputed Wildcat Resources’ recent Pre-Feasibility Study for the Tabba Tabba Project, highlighting unacknowledged overlaps with joint venture tenements and reserving legal rights.

Pearl Gull Iron Limited reported limited exploration activity on Cockatoo Island during the June 2025 quarter, focusing on environmental compliance and native title negotiations, while securing a $500,000 unsecured loan facility to support ongoing operations.

Tartana Minerals progresses its Tartana-MGMF copper processing venture with key milestones achieved, steady copper sulphate production, and new financing secured from directors.

Enova Mining reports promising exploration results across its Brazilian and Australian projects, highlighting high-grade rare earth element assays and advancing metallurgical testing and regulatory approvals.

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.

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.