Latest Resources News

Lindian Resources reports significant construction progress at its Kangankunde Rare Earths Project in Malawi, alongside strategic site leadership appointments as it gears up for plant construction later this year.

Condor Energy has significantly enhanced its exploration prospects offshore Peru through advanced reprocessing of legacy 2D seismic data and a comprehensive geochemical review, boosting confidence in large prospective oil resources.

Asra Minerals has appointed Paul Stephen as Managing Director and engaged veteran geologist Ziggy Lubieniecki to bolster exploration at its Leonora Gold Projects, signaling a strategic push to unlock value in Western Australia’s prolific goldfields.

Yandal Resources has kicked off a significant air-core drilling program across its Caladan target area, aiming to unlock a large-scale gold system with promising early signs of mineralisation. Results are expected from July through August, potentially reshaping exploration prospects in Western Australia’s Northeastern Goldfields.

Albion Resources has cleared heritage approvals at its Ives Find prospect and engaged an RC drilling contractor, gearing up for a maiden drilling campaign at Yandal West.

Podium Minerals Limited has announced a fully underwritten entitlement offer to raise approximately A$2.6 million, aimed at advancing metallurgical test work and maintaining its expanded tenement package for the Parks Reef PGM Project.

Metal Hawk Limited has expanded its gold mineralised footprint at Leinster South with new high-grade surface assays and is set to commence a significant drilling program supported by government co-funding.

Elevate Uranium has identified a substantial uranium mineralised envelope at its Namib IV tenement, expanding the Koppies Uranium Project and setting the stage for a maiden resource estimate later this year.

Aeris Resources has secured a $60 million Guarantee Facility with Washington H. Soul Pattinson, replacing its ANZ environmental bonding, and extended its $50 million Term Facility to August 2026 under favourable terms.

Empire Energy Group has launched a $28 million equity raise to finance critical development activities in the Beetaloo Basin, targeting first gas sales from its Carpentaria Pilot Project in 2025. The capital raise, combined with a $65 million financing package, underpins the company’s ambition to commercialize one of Australia’s largest low-CO2 shale gas resources.

Spartan Resources Limited shareholders are set to vote on a scheme of arrangement for Ramelius Resources Limited to acquire all Spartan shares, creating a leading Australian gold producer with a pro forma market capitalization of $5.3 billion.

Lodestar Minerals has updated its investor presentation highlighting encouraging early drilling results from its Chilean IOCG and porphyry copper projects, alongside a clear roadmap for upcoming exploration activities.