Latest Resources News

Australian Mines Limited reveals promising exploration outcomes from its Boa Vista Gold Project in Brazil, highlighting significant gold intercepts and a strategic earn-in agreement. The project’s open mineralisation and upcoming drilling program signal strong growth potential.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Adavale Resources has intensified exploration at its Parkes Gold and Copper Project, initiating a maiden drilling campaign at London Victoria Mine while expanding prospect assessments across multiple sites.

Koba Resources has successfully raised $442,560 through its recent Entitlement Offer, issuing over 12 million new shares and 6 million options to fund exploration at its Yarramba Project.

Rimfire Pacific Mining has requested a voluntary suspension of its shares on the ASX following an arbitration loss against Golden Plains Resources, signaling a period of uncertainty as the company assesses the impact.

Adavale Resources has raised $2.65 million to accelerate drilling at its Parkes Gold Project, aiming to expand the resource at the London Victoria Gold Mine and advance multiple exploration targets.

Cleanaway Waste Management has secured regulatory approval to acquire Contract Resources, positioning itself as a leader in specialised industrial waste services. The deal, set to complete by the end of July, aims to accelerate growth in the decommissioning and remediation market.

Marvel Gold Limited has extended the completion date for the sale of its Mali gold projects to August 2025 due to ongoing regulatory delays, signaling cautious navigation of complex local approvals.

New World Resources Limited has agreed to a Takeovers Panel undertaking restricting share issuance to Central Asia Metals PLC pending regulatory proceedings. This move follows an application by Kinterra Capital and could influence the company’s capital raising plans.

Aumake Limited unveils a major FY26 restructuring, splitting operations into two focused units and targeting acquisitions in health supplements to boost profitability and market reach.

The ACCC has approved Cleanaway’s acquisition of Contract Resources, finding no significant threat to competition in Australia’s industrial and waste management sectors. The decision highlights the resilience of competition, especially in the oil and gas services market.

Highfield Resources reports steady progress on a proposed $300 million equity placement with Qinghai Salt Lake, aiming to accelerate its flagship Muga and Southey potash projects. While due diligence advances, no binding deal is yet secured.