Latest Resource Development News

Askari Metals has launched Phase I exploration on its EPL 7626 licence at the Uis Project in Namibia, aiming to uncover polymetallic mineralisation including lithium, tin, and tantalum. The program leverages advanced remote sensing and rapid on-site analysis technologies to identify buried pegmatite targets.

Brazilian Critical Minerals has achieved a significant breakthrough in its Ema rare earths project by demonstrating rapid hydraulic permeability using in-situ recovery techniques, a crucial step towards commercial mining.

Bass Oil Limited reported steady April production and a strategic acquisition of the Vanessa gas field, positioning itself for future gas market entry.

Jameson Resources has raised A$3.5 million through a two-tranche placement to fund environmental approvals and Indigenous engagement for its Crown Mountain Hard Coking Coal Project in Canada.

Noble Helium has secured significant cost savings by negotiating the removal of the Marriott rig from Tanzania at no economic risk, while preparing a leaner drilling approach with the BorExpert rig.

Lykos Metals announces key leadership changes with David Wheeler stepping up as Non-Executive Chair and Petar Tomasevic taking the helm as Interim CEO, signaling a strategic pivot as the company advances in the Balkan region.

Gold Road Resources has secured a crucial regulatory green light as the Foreign Investment Review Board approves Gold Fields’ acquisition scheme. The deal now moves closer to shareholder and court approvals.

Koonenberry Gold has reported a significant 149.5m gold intercept at its Sunnyside Prospect within the Enmore Gold Project, confirming broad zones of mineralisation and extending the known system over 260m strike length.

Manhattan Corporation Limited (ASX: MHC) unveils strategic advances across its high-grade gold, lithium, and uranium projects, highlighted by a farm-in joint venture with Novo Resources and key management appointments.

Brightstar Resources has announced significant upgrades to its gold Mineral Resource Estimates at Laverton and Menzies, enhancing confidence in near-term mining operations ahead of its 2025 Definitive Feasibility Study.

Yari Minerals has completed the acquisition of the Rolleston South Coal Project in Queensland’s Bowen Basin, adding a substantial 78.9 million tonnes inferred coal resource and planning further drilling to expand it.

Ordell Minerals has significantly expanded the Barimaia granodiorite intrusion to over 7km of strike, unveiling promising gold mineralisation with recent drilling results. A new drilling campaign is set to further explore this emerging gold province in Western Australia.