Latest Resources News

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Tombador Iron Limited reported a modest cash increase to AUD 10.9 million in the March quarter, driven by royalty income from its sold Tombador project, while progressing the acquisition of the Colomi Iron Project in Brazil and preparing for ASX re-listing.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Resource Base Limited has bolstered its portfolio with two new tenements in the Gawler Craton, South Australia, while managing a modest cash reserve of $0.93 million and raising $45,300 through a loyalty option offer.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Mayur Resources has completed a significant $100.1 million capital raise and secured $115 million in debt to fully fund its Central Lime Project in Papua New Guinea, while progressing construction and community agreements. The company is also rebranding to Pacific Lime and Cement Limited to reflect its new strategic focus.
Maxwell Dee
Maxwell Dee
30 Apr 2025
QPM Energy Limited has announced a significant 31% upgrade to its Moranbah Gas Project's 2P reserves, now certified at 435PJ, reinforcing the asset's status as a tier 1 gas resource with substantial uncontracted volumes.
Maxwell Dee
Maxwell Dee
30 Apr 2025
IPB Petroleum Limited has secured a crucial two-year extension on its WA-424-P permit in the Browse Basin, enabling continued exploration and development of its Gwydion asset while maintaining a solid cash position of AUD 1.487 million.
Maxwell Dee
Maxwell Dee
30 Apr 2025
ADX Energy reported a 13% rise in Austrian production and a 15% increase in sales revenue for Q1 2025, while Welchau-1 well testing remains suspended pending legal review. The company also secured a key Italian gas exploration permit, positioning for growth across Europe.
Maxwell Dee
Maxwell Dee
30 Apr 2025
ADX Energy Ltd reported a solid cash balance of A$6.67 million at the end of Q1 2025, despite significant investment in exploration activities and ongoing loan repayments. The company’s quarterly cash flow highlights its commitment to advancing projects while managing financial stability.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Global Uranium and Enrichment Limited has completed a transformative acquisition of the Pine Ridge Uranium Project in Wyoming, backed by a A$10 million capital raise and strategic partnership with Snow Lake Energy. This positions the company for near-term uranium production in the US’s premier ISR basin while advancing multiple other uranium assets.
Maxwell Dee
Maxwell Dee
30 Apr 2025
AustChina Holdings has completed a strategic placement raising $412,500 to fund exploration of newly acquired gold and antimony prospects in Tasmania, marking a key step in its resource expansion strategy.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Midas Minerals has identified multiple drill-ready gold targets at its Newington Project in Western Australia, with drilling planned for the September quarter pending approvals. Meanwhile, exploration continues at the Challa Project as assay results are awaited.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Diablo Resources has identified six promising copper mineralisation targets at its newly acquired Phoenix Copper Project near the Lisbon Valley Mine, backed by a $576,800 capital raise to fund upcoming drilling in 2025.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Bounty Oil and Gas NL reported steady progress in Queensland oil production and development, increasing reserves to 313,000 barrels, while pursuing a Federal Court review of the PEP 11 offshore permit refusal. The company also completed a modest $231,000 entitlement offer to support ongoing exploration and development.
Maxwell Dee
Maxwell Dee
30 Apr 2025