Latest Resources Development News

Alice Queen Limited (ASX:AQX) has initiated a partially underwritten rights issue aiming to raise up to $5.77 million, with substantial shareholder Gage Resource Development committed to maintaining control. The funds will primarily support further drilling and project development at Horn Island.

BPH Global’s Indonesian unit has locked in a four-year MoU with ITBM to integrate student-driven operations and research at its Takalar coastal seaweed site, setting the stage for scaled commercial development and local collaboration.

Sinowin Lithium, MRG Metals’ JV partner, commits to fund drilling at the Marão Titanium Dioxide Project in Mozambique, aiming to expand mineralisation and underpin a mining licence application amid broader JV progress.

West Coast Silver (ASX:WCE) has unveiled a comprehensive Growth & Development Plan for its Elizabeth Hill Silver Project, targeting a rapid transition to production via a high-grade, low-capex open pit operation supported by ongoing drilling and resource expansion.

Golden Deeps Ltd has reported significant progress at its Otavi Critical Metals Belt projects in Namibia, unveiling exceptional high-grade copper, silver, zinc, lead, germanium, and rare metal results from drilling and sampling at the Graceland prospect alongside resource expansions and ongoing exploration.

Winsome Resources is set for a decisive court hearing on 11 May 2026 to approve Li-FT Power's acquisition scheme, a critical step toward completing the lithium-focused takeover.

Australian Mines Limited has raised $3 million through a strategic placement led by Tribeca Investment Partners to fast-track its Flemington Scandium Project from scoping to pre-feasibility study, aiming to de-risk and advance permitting.

Terrain Minerals has locked in $1.5 million through a placement to accelerate drilling and resource studies at its Smokebush Lightning gold project, Lort River rare earths, and Carlindie lithium/gold projects.

White Cliff Minerals has visually confirmed copper sulphides over a 1.8 km strike at its Danvers copper project, doubling the known mineralised footprint and intersecting thick chalcocite-rich zones within a major geophysical anomaly.

Temas Resources has appointed VECTOR Advisors to enhance its investor relations amid ongoing development of its Regenerative Chloride Leach technology and critical minerals projects in Quebec.

Tali Resources is set to begin a 10,000m aircore drilling campaign at West Arunta in May, leveraging new geophysical surveys to test multiple high-potential prospects.

Midas Minerals has delivered its highest-grade copper and silver intercepts yet at the T-13 deposit in Namibia, with ongoing drilling poised to expand resources and accelerate exploration.