Latest Resources News

Helix Resources has entered conditional agreements to earn up to 40% of the Gold Basin oxide gold project in Arizona, featuring a significant inferred resource and promising metallurgical results.

Marimaca Copper has confirmed significant copper mineralization extending the Pampa Medina Norte discovery, with high-grade oxide and new sulphide zones identified in deep drilling. Assays for deeper intervals are pending, hinting at a potentially large, stacked copper system.

Monadelphous Group Limited has landed a suite of new contracts worth approximately $180 million across Western Australia's resources, energy, and infrastructure sectors, reinforcing its strong foothold in the region.

Tempest Minerals reports promising initial metallurgical results from its Remorse Iron discovery in Western Australia, highlighting high-grade iron concentrate with low impurities. Further test results are anticipated, underpinning ongoing project development.

Bass Limited’s May 2025 AGM update highlights a strategic acquisition and capital raising to accelerate its emergence as a key Australian gas producer, focusing on Cooper Basin and Indonesian assets.

Southern Cross Gold has successfully closed the second tranche of its C$143 million private placement, securing nearly C$30 million to fund critical milestones at its Sunday Creek Gold-Antimony Project in Australia.

Peak Rare Earths is poised for acquisition by Shenghe Resources in a deal valuing the company at A$150.5 million, supported by a A$7.5 million entitlement offer to fund ongoing development and transaction costs.

Peak Rare Earths Limited has agreed to be acquired by Ganzhou Chenguang Rare Earths New Material Co., Ltd., a subsidiary of Shenghe Resources, in a deal valuing Peak at A$150.5 million plus proceeds from a proposed entitlement offer. The transaction offers Peak shareholders a significant premium and aims to accelerate development of the Ngualla Rare Earth Project.

Global Uranium and Enrichment Limited is set to launch a major 38,000-metre drilling campaign at its Pine Ridge Uranium Project in Wyoming’s Powder River Basin, aiming to unlock a significant uranium resource in a leading US mining region.

Greenvale Energy has identified several uranium anomalies across key Northern Territory projects through detailed airborne surveys, setting the stage for extensive ground exploration in 2025.

Marquee Resources has successfully raised nearly $600,000 through an oversubscribed share placement, signaling strong investor confidence ahead of a key drilling campaign at its Mt Clement project.

AKORA Resources has appointed Peter Bird as its new Managing Director and CEO, marking a strategic leadership change aimed at advancing the Bekisopa Iron Ore Project and securing critical funding and partnerships.