Latest Resource Development News

Blue Star Helium has successfully completed its 2025 Galactica drilling program, securing a major permit for CO2 processing and preparing to start commercial helium production in the second half of 2025. The company also raised $4.54 million to fund ongoing development.

Global Uranium and Enrichment Limited has completed a transformative acquisition of the Pine Ridge Uranium Project in Wyoming, initiating a large-scale drilling program that positions the company as a key domestic uranium developer in the US.

Carbine Resources secures a pivotal mining lease for its Muchea West Silica Sand Project and raises $1.78 million to fuel exploration, marking significant progress in its Australian silica sand ventures.

Axel REE Limited reports exceptional high-grade gallium and rare earth element mineralisation across a vast area at its Caladão Project, with promising metallurgical test results supporting low-cost extraction methods.

Benz Mining has announced the discovery of a new high-grade third gold lens at its Glenburgh Gold Project, alongside a significant down-dip extension of known mineralisation, validating its structural model and boosting exploration prospects.

Alma Metals has bolstered its Briggs Copper JV Project with a $1.06 million capital raise and an updated resource estimate that now includes silver. The company is progressing a scoping study and preparing for significant drilling to unlock further value.

Great Divide Mining has taken a decisive step towards becoming a near-term gold producer through a new joint venture with Dart Mining and securing a Queensland government grant for exploration.

Cobre Limited reports strong metallurgical results from its Botswana copper projects alongside a successful AU$1.68 million capital raising, setting the stage for upcoming resource estimates and environmental approvals.

CZR Resources has secured shareholder and regulatory approval to sell its Robe Mesa iron ore project for A$75 million, positioning the company to focus on promising gold and base metal exploration in Western Australia.

Sunshine Metals reported significant progress in north Queensland with high-grade gold intersections at Liontown and Sybil, alongside a $1.225 million acquisition and government grants to accelerate exploration.

Turaco Gold has reported a significant 40% increase in its Afema Project gold resource to 3.55 million ounces, alongside promising high-grade drilling results and a robust $60 million capital raise to fund ongoing development.

Oakajee Corporation has progressed its gold exploration efforts at the Paynes Find project in Western Australia, preparing for drilling in the September quarter while maintaining a solid financial position.