Latest Resource Production News

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Otto Energy’s 2025 reserves statement reveals a 10% decline in proved reserves, balanced by strong cash reserves and steady production across key US Gulf Coast assets.
Maxwell Dee
Maxwell Dee
14 Aug 2025
Conrad Asia Energy is set to commence a major 3D seismic survey in its Offshore North West Aceh PSC, aiming to refine and expand its substantial gas resource base ahead of planned drilling and commercialisation efforts.
Maxwell Dee
Maxwell Dee
12 Aug 2025
Conrad Asia Energy is set to commence a substantial 3D seismic survey in late 2025 over its Offshore North West Aceh gas assets, aiming to refine resource estimates and pave the way for future development including mini-LNG and power generation projects.
Maxwell Dee
Maxwell Dee
12 Aug 2025
Cyclone Metals Limited has completed a comprehensive Scoping Study for its Iron Bear magnetite project in Canada, revealing strong economic potential and a strategic funding partnership with Vale S.A. The study outlines multiple production scenarios and highlights the project's alignment with low-carbon steelmaking trends.
Maxwell Dee
Maxwell Dee
11 Aug 2025
Horizon Oil reports a 9% decline in net Proved and Probable reserves to 9.0 million barrels of oil equivalent, offset partially by a life extension at Maari. A significant acquisition in Thailand is set to materially increase reserves in the near term.
Maxwell Dee
Maxwell Dee
28 July 2025
Black Cat Syndicate reports strong, consistent underground drilling results at its Paulsens Gold Operation, revealing multiple high-grade gold intercepts that underpin resource expansion and production ramp-up plans.
Maxwell Dee
Maxwell Dee
28 July 2025
Kinetiko Energy has spudded its third gas production test well at Brakfontein and signed a non-binding term sheet with FFS Refiners to co-develop a pilot LNG plant, backed by a recent $2.2 million capital raise.
Maxwell Dee
Maxwell Dee
25 July 2025
Canyon Resources has secured a significant credit facility and advanced key contracts, setting the stage for production and first bauxite shipments from its Minim Martap project in early 2026.
Maxwell Dee
Maxwell Dee
26 June 2025
Western Gold Resources has secured a binding toll milling agreement with Wiluna Mining Corporation to process ore from its Gold Duke Project, marking a pivotal step towards production.
Maxwell Dee
Maxwell Dee
16 June 2025
Rox Resources has initiated dewatering at the Youanmi Gold Project’s Main and United North pits, marking a critical step toward underground access and production. The company is on track with exploration declines and resource updates, progressing steadily toward gold production.
Maxwell Dee
Maxwell Dee
16 June 2025
Dundee Precious Metals has agreed to acquire Adriatic Metals in a recommended £924 million share and cash offer, valuing Adriatic at approximately US$1.25 billion and delivering a premium of over 47% to recent trading prices.
Maxwell Dee
Maxwell Dee
13 June 2025
Arizona Lithium has achieved a landmark regulatory approval for Phase 1 production at its Prairie Lithium Project, marking the first lithium brine operation sanctioned in Saskatchewan. Updated drilling and modeling have significantly expanded the project's resource base and production potential.
Maxwell Dee
Maxwell Dee
19 May 2025