Latest Resources News

Powerhouse Ventures Limited reports its first operating cash profit within a year of restructuring, driven by three distinct business divisions and a strengthened balance sheet.

Pancontinental Energy has upgraded its prospective oil resources offshore Namibia’s Orange Basin, raising estimates and geological confidence for its PEL 87 project. The company also identified new prospectivity at Phoebe West, signaling growing exploration potential.

Wildcat Resources has completed a positive Preliminary Feasibility Study for its Tabba Tabba lithium project in Western Australia, confirming a long-life mine with strong financial metrics and a clear path to development.

Prodigy Gold has updated its mineral resources at the Tanami North Project, increasing gold ounces to over half a million, while securing $6.35 million in a recent entitlement offer to fund further exploration and development.

Capricorn Metals reports a 13% increase in Mineral Resources at its Mt Gibson Gold Project, highlighted by maiden underground resources and promising high-grade gold intercepts, alongside a strategic acquisition expanding its footprint in Western Australia.

Mach7 Technologies has updated its FY25 guidance, reporting positive cash flow and a solid financial position, while appointing Teri Thomas as its new CEO to steer the company’s next growth phase.

Nova Minerals has launched a 15,000-meter drilling campaign at its Estelle Project targeting gold and antimony, while advancing a US Department of Defense grant application to fast-track its antimony development.

Blackstone Minerals teams up with KCA Site Services to acquire a high-performance diamond drill rig, aiming to cut costs and deepen exploration at the Mankayan Copper-Gold Project in the Philippines.

AuMEGA Metals has wrapped up the first phase of its 2025 diamond drilling program at Cape Ray and launched extensive till geochemical sampling campaigns across multiple projects in Newfoundland, aiming to unlock new gold discoveries.

Loyal Metals is deploying cutting-edge drone geophysics to unlock deep copper-gold potential at the historic Highway Reward mine, leveraging AI and $4.4 million in funding.

Minerals 260 Limited has completed its acquisition of the Bullabulling Gold Project, backed by a $220 million capital raise, and is advancing an extensive drilling program that confirms promising gold mineralisation extensions.

D3 Energy has reported a significant 39% increase in gas flow rates at its RBD10 well in South Africa following a re-test, highlighting strong reservoir recharge and connectivity.