Latest Resource Projects News

Future Metals NL has identified a promising new mineralised zone at its Eileen Bore Prospect and continues to advance drilling at Target 2, all while implementing strategic cost reductions amid subdued PGM prices.

Mont Royal Resources Limited reported a stable cash position of $1.75 million at the end of December 2024, despite significant outflows on exploration activities during the quarter.

GR Engineering Services has secured a $75.1 million EPC contract to upgrade the King of the Hills processing facilities, reinforcing its foothold in Western Australia's gold sector.

Axel REE Limited has reported exceptional rare earth element grades from its ongoing auger drilling at the Caldas Project in Brazil’s Poços de Caldas Alkaline Complex, highlighting significant exploration upside at shallow depths.

Gold Road Resources projects a significant production increase at Gruyere in 2025 and has initiated underground drilling to potentially extend mine life beyond 2032.

Voltaic Strategic Resources has acquired a 4.2% shareholding in Geopacific Resources, gaining strategic exposure to the Woodlark Gold Project in Papua New Guinea, a well-capitalised development with a 12-year mine life and significant exploration upside.

Zeus Resources has successfully placed the shortfall in its Priority Options Offer, bringing total funds raised to nearly $200,000. The move reflects solid shareholder backing ahead of the company’s next growth phase.

Arafura Rare Earths has locked in a A$200 million convertible note investment from the National Reconstruction Fund Corporation, marking a pivotal step toward developing Australia's first ore-to-oxide rare earths processing operation at Nolans.