Latest Resources And Reserves News

Jindalee Lithium’s latest quarterly report confirms a 63-year life for its McDermitt Lithium Project, underpinned by robust financial metrics and a maiden ore reserve that taps just a fraction of its vast resource.

Australis Oil & Gas reported a 3% rise in sales volume for Q4 2024 despite a slight dip in revenue due to lower commodity prices, while actively pursuing partnerships to unlock the full potential of its Tuscaloosa Marine Shale assets.

Aspire Mining Limited has made significant strides in developing its Ovoot Coking Coal Project, progressing construction tenders and customer engagement despite a challenging coal market.

Hartshead Resources reports a robust December quarter with strategic progress on UK gas developments, fiscal clarity from government levy changes, and the acquisition of new licenses boosting its resource base.

Deterra Royalties Limited reported an 11.7% revenue increase to $59.3 million in the December 2024 quarter, driven by record iron ore royalties and major progress at the Thacker Pass lithium project.

Auric Mining reports robust gold production and revenue in its December 2024 quarterly update, alongside strategic progress including a key processing plant acquisition and advancing mining projects.

Matsa Resources has secured $3.13 million through a share placement to fast-track mining operations at its Devon Pit Gold Mine, backed by major shareholders and a new sophisticated investor.

Eastern Resources Limited's December 2024 quarterly cash flow report reveals a modest operating cash outflow amid ongoing exploration expenses, supported by a healthy cash reserve expected to sustain operations for over 19 quarters.

Gold Road Resources reports a 6% increase in attributable Mineral Resources to 4.81 million ounces and a 5% rise in Ore Reserves to 1.92 million ounces as of December 2024, driven by deeper open pit expansions and high-grade additions at Gilmour.

Element 25 Limited has completed an updated feasibility study for its Butcherbird manganese project, targeting a 1.1 million tonnes per annum production over an 18.3-year mine life with robust economic returns and strategic ties to EV battery markets.

Advance Metals Limited has had its trading suspension lifted following compliance with ASX Listing Rules related to proposed acquisitions, signaling a fresh chapter for the mining company.

Advance Metals Limited remains suspended from ASX trading as the exchange awaits full compliance with listing rules tied to its proposed acquisitions and JORC Code adherence.