Latest Resources News

Omega Oil and Gas has confirmed an extensive oil and gas system in Queensland’s Taroom Trough through high-quality logging at its Canyon-2 well, with DFIT testing now underway to further evaluate reservoir potential.

Jupiter Energy has secured extended interest-free terms on its debt and capped repayments as it pursues a dual listing on the Astana International Exchange, aiming to strengthen its financial footing for growth.

Critica Limited announces the resignation of Managing Director Philippa Leggat, who led key advances in the Jupiter rare earth project. An interim CEO is appointed as the Board begins the search for a permanent successor.

Koonenberry Gold has raised $5 million through a strategic placement to accelerate extensive drilling at its Enmore project and continue exploration in the Lachlan region.

Euro Manganese is poised to close a C$11.2 million financing round by late May, fueling progress on its strategic Chvaletice manganese project in the Czech Republic. The move underscores the company's role in Europe's battery materials supply chain.

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.

Askari Metals has completed due diligence on its acquisition of the Adola Greenstone Belt Gold Projects in Ethiopia, positioning itself for growth in a prolific but underexplored gold region.

West Coast Silver has completed a transformative acquisition of the Elizabeth Hill Silver Project and secured $3 million in fresh capital, setting the stage for a new era focused on high-grade silver exploration in the Pilbara.

Hillgrove Resources has reported multiple new high-grade copper-gold drill results at its Nugent underground deposit, extending mineralisation well beyond the current resource estimate and accelerating development plans.

Kali Metals has expanded its Marble Bar Gold Project by acquiring a strategic tenement adjacent to a significant gold-in-soil anomaly, increasing its project area to approximately 96 square kilometres. The acquisition enhances exploration continuity and efficiency amid rising gold prices.

HyTerra Limited has reported exceptional hydrogen and helium concentrations from its Sue Duroche 3 well in Kansas, marking a significant milestone in natural gas exploration and clean energy potential.

Raiden Resources has increased its ownership in the Vuzel Gold Project from 51% to 75%, marking a key milestone driven by promising near-surface and high-grade gold discoveries. The company eyes further ownership gains as drilling continues.