Latest Resources Development News

Noble Helium has secured significant cost savings by negotiating the removal of the Marriott rig from Tanzania at no economic risk, while preparing a leaner drilling approach with the BorExpert rig.

Lykos Metals announces key leadership changes with David Wheeler stepping up as Non-Executive Chair and Petar Tomasevic taking the helm as Interim CEO, signaling a strategic pivot as the company advances in the Balkan region.

Gold Road Resources has secured a crucial regulatory green light as the Foreign Investment Review Board approves Gold Fields’ acquisition scheme. The deal now moves closer to shareholder and court approvals.

Koonenberry Gold has reported a significant 149.5m gold intercept at its Sunnyside Prospect within the Enmore Gold Project, confirming broad zones of mineralisation and extending the known system over 260m strike length.

Manhattan Corporation Limited (ASX: MHC) unveils strategic advances across its high-grade gold, lithium, and uranium projects, highlighted by a farm-in joint venture with Novo Resources and key management appointments.

Brightstar Resources has announced significant upgrades to its gold Mineral Resource Estimates at Laverton and Menzies, enhancing confidence in near-term mining operations ahead of its 2025 Definitive Feasibility Study.

Ordell Minerals has significantly expanded the Barimaia granodiorite intrusion to over 7km of strike, unveiling promising gold mineralisation with recent drilling results. A new drilling campaign is set to further explore this emerging gold province in Western Australia.

Alice Queen Limited is set to raise nearly $1 million through a two-tranche share placement, with substantial shareholder support and options attached, aiming to fuel exploration at its Viani project.

Sipa Resources has initiated heritage surveys and lodged environmental approvals, setting the stage for its first gold drilling campaign in South Australia’s Gawler Craton.

Bass Limited’s May 2025 AGM update highlights a strategic acquisition and capital raising to accelerate its emergence as a key Australian gas producer, focusing on Cooper Basin and Indonesian assets.

Babylon Pump & Power is set to acquire Matrix Hydro Services, enhancing its water management capabilities in Western Australia’s mining sector, supported by a $3.5 million entitlement offer.

Tartana Minerals has raised $1.55 million through a director-led unsecured loan facility and appointed Dr Alistair Lewis as its new Chairman, signaling a strategic push in exploration and project advancement.