Latest Resources News

European Resources has identified six fresh passive seismic anomalies outside prior survey bounds at its Korsnäs rare earth project, prompting an exploration area increase and ongoing survey phases.

Bounty Oil & Gas NL has locked in A$4.5 million from a heavily oversubscribed share placement, with proceeds earmarked for drilling, facility upgrades, and exploration across its Australian assets.

Turnstone Resources has exercised its option to acquire the Glava 100 copper-gold permit in Sweden, broadening its critical minerals footprint to seven licences across 100km2. The move sets the stage for drilling in H2 2026, pending regulatory approvals.

Regener8 Resources has completed its acquisition of the Srebrenica North polymetallic project in Bosnia and Herzegovina and is mobilising initial exploration activities to target drill-ready prospects.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Greatland Resources has locked in a $500 million debt facility with major banks, boosting liquidity to over $1.7 billion as it commits to developing its Havieron gold-copper project.

TG Metals has lodged a mining lease application for its Burmeister lithium deposit, targeting early-stage direct shipping ore development amid a buoyant lithium market.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

Syrah Resources has settled an alleged default under its offtake deal with Tesla for natural graphite anode material, with Tesla withdrawing termination threats but retaining rights pending final product qualification.

Flynn Gold has ramped up its diamond drilling program at the Firetower Gold-Tungsten Project in northern Tasmania, expanding from three to ten holes totalling 1,600 metres. The move aims to test high-grade extensions and support a maiden Mineral Resource Estimate amid critical mineral supply pressures.

Final assays from drillhole 26LHDD073 at the Southern Porphyry target within the Llahuin Project Joint Venture validate a broad copper-gold-molybdenum mineralised system. Integration of geological and geophysical data aims to pinpoint the higher-grade core ahead of Phase II drilling.

Theta Gold Mines has locked in a fully subscribed US$90 million senior secured bond to complete the TGME Gold Mine Project in South Africa, targeting first gold production in early 2027.