Latest Resources Development News

Vulcan Energy Resources has locked in a €2.2 billion financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany, marking a pivotal move from development to construction. The project aims to supply Europe with low-carbon lithium for electric vehicle batteries alongside renewable power and heat.

OM Holdings has cleared major regulatory hurdles in the $101 million sale of its 26% stake in Ntsimbintle Mining, moving closer to closing the deal in early 2026.

OM Holdings has secured key regulatory and shareholder approvals for the sale of its 26% interest in Ntsimbintle Mining, moving the $101 million transaction closer to completion early next year.

Jameson Resources has locked in a $3 million capital raise from strategic investor King George Investments to advance its Crown Mountain coal project in British Columbia. The placement, priced at a 16.7% discount, underscores growing confidence in the project’s regulatory progress and market potential.

Austin Metals has appointed seasoned mining executive Michael Moore as Managing Director to spearhead exploration at its flagship Austin Gold Project in Western Australia.

Bindi Metals Limited has launched a fully underwritten non-renounceable entitlement offer of new listed options to existing shareholders, aiming to raise capital through a strategic funding move.

Thunderbird Resources has appointed Scott Funston as a Non-Executive Director, bringing over two decades of mining and financial expertise, while Robin Wilson steps down but remains a consultant.

Cauldron Energy has reported further high-grade uranium mineralisation at its Manyingee North prospect, extending the known resource and highlighting the Yanrey Project's growing significance in Australia's uranium landscape.

Tempest Minerals has reported promising gold assay results from its latest drilling at the Range Gold Project near Mt Magnet, confirming mineralisation continuity over a significant strike length.

Dateline Resources reports strong drilling results at its Colosseum Gold-REE Project in California, reinforcing mineral resource confidence and advancing its Bankable Feasibility Study.

Nagambie Resources has successfully raised $600,000 through a placement of 60 million shares, accompanied by free attaching options, to fund its strategic antimony-gold project at Nagambie Mine.

Estrella Resources has identified multiple promising subsurface manganese targets at its Ira Miri project in Timor-Leste through a recent Resistivity–Induced Polarisation survey, setting the stage for expanded drilling in 2026.