Latest Resource Development News

Midas Minerals has announced a transformative acquisition of the Otavi Copper-Gold-Silver Project in Namibia, unlocking significant exploration potential with plans to commence drilling later this year.

Medallion Metals has raised $27.5 million through a well-supported institutional placement to accelerate its gold and copper production strategy by acquiring Forrestania’s processing infrastructure. This funding positions the company to advance drilling, feasibility studies, and a final investment decision by late 2025.

Sipa Resources has initiated heritage surveys and lodged environmental approvals, setting the stage for its first gold drilling campaign in South Australia’s Gawler Craton.

Catalyst Metals has received the final environmental approval to begin mining at its Trident Gold Project, marking a key step in its plan to double production at the Plutonic Gold Belt.

Moho Resources has identified a significant 4 km by 1 km gold soil anomaly at its Silver Swan North Project in Western Australia’s Eastern Goldfields, marking a promising new chapter in the company’s exploration efforts.

Metals Australia has successfully produced two commercially viable products from its Manindi Titanium-Vanadium-Iron discovery, while identifying additional promising exploration targets nearby.

Marimaca Copper has confirmed significant copper mineralization extending the Pampa Medina Norte discovery, with high-grade oxide and new sulphide zones identified in deep drilling. Assays for deeper intervals are pending, hinting at a potentially large, stacked copper system.

Tempest Minerals reports promising initial metallurgical results from its Remorse Iron discovery in Western Australia, highlighting high-grade iron concentrate with low impurities. Further test results are anticipated, underpinning ongoing project development.

Bass Limited’s May 2025 AGM update highlights a strategic acquisition and capital raising to accelerate its emergence as a key Australian gas producer, focusing on Cooper Basin and Indonesian assets.

Southern Cross Gold has successfully closed the second tranche of its C$143 million private placement, securing nearly C$30 million to fund critical milestones at its Sunday Creek Gold-Antimony Project in Australia.

Greenvale Energy has identified several uranium anomalies across key Northern Territory projects through detailed airborne surveys, setting the stage for extensive ground exploration in 2025.

Saturn Metals has revealed significant new aircore drilling results that extend the Aquarius gold trend to 26.5 kilometres, highlighting a promising parallel gold system near its Apollo Hill project in Western Australia.