Latest Resources News

Polymetals Resources Ltd has successfully completed a $15 million equity raise to replace debt and support the production ramp-up at its Endeavor Mine in New South Wales.

Eastern Metals updates its proposed acquisition of Raptor Resources, shifting to a takeover bid or scheme of arrangement, alongside a $4-5 million capital raise via share placement.

VBX Limited has successfully listed on the ASX and revealed strong preliminary feasibility results for its Wuudagu Bauxite Project, positioning itself to capitalize on rising bauxite demand and supply uncertainties.

Spartan Resources shareholders have overwhelmingly approved Ramelius Resources’ proposed acquisition scheme, clearing a major hurdle toward the deal’s completion. The transaction now awaits final court approval before implementation.

Energy Transition Minerals has submitted a binding offer to acquire the Penouta Mine in Spain, a critical asset for Europe’s supply of tantalum and niobium. The outcome hinges on regulatory approvals and competitive bidding.

Infini Resources is refining its exploration model at the Portland Creek Uranium Project after promising Phase 1 drilling results, setting the stage for a critical Phase 2 diamond drilling campaign in Q3 2025.

Bayan Mining and Minerals has expanded its footprint in California’s Mountain Pass district by staking 45 new lode claims near two major mineral deposits, positioning itself for rare earth and gold exploration in a highly prospective corridor.

King River Resources has reported significant gold assay results from its April 2025 drilling at Kurundi Main and promising geochemical anomalies at Kuiper, setting the stage for imminent drilling at these Northern Territory targets.

Anson Resources has shipped over two tons of lithium-rich brine to POSCO in South Korea as part of a critical due diligence step for a planned demonstration plant at its Green River Lithium Project.

Lotus Resources has completed key refurbishments at its Kayelekera Uranium Project in Malawi, restarting the SAG mill and progressing through hot commissioning towards first uranium oxide production this quarter.

Future Battery Minerals has kicked off a 1,500m reverse circulation drilling campaign at its Miriam Project in Western Australia, targeting promising gold prospects Forrest and Canyon. Results are expected by early September, with plans to advance Forrest to a Mineral Resource Estimate later this year.

Indiana Resources appoints seasoned mining executive Matthew Bowles as Managing Director to spearhead expansion at its Minos Gold Project, while promoting John Fitzgerald to COO amid a strong cash position.