Latest Resources News

Tasmea Limited has announced the acquisition of WorkPac Group for up to A$60.7 million, significantly enhancing its workforce solutions capabilities and positioning the company for growth amid Australia's skilled labour shortages.

Tasmea Limited reported a stellar FY25 with strong revenue and profit growth, bolstered by strategic acquisitions and a robust dividend payout. The company signals continued momentum with a new acquisition announcement and targets ASX300 inclusion in 2026.

Manuka Resources has revised its exploration target disclosures to comply with JORC standards and announced an accelerated gold drilling program targeting extensions at Mt Boppy and shallow mineralisation at Pipeline Ridge, with results expected early 2026.

Alara Resources’ Oman joint venture has secured an additional $36.4 million loan facility to fund key capital projects and sustain operations at the Al Wash-hi Majaza Copper Gold Project.

Connected Minerals Limited (ASX, CML) reports promising uranium drilling outcomes at its Etango North-East project in Namibia alongside a successful $5.1 million capital raise, advancing its exploration agenda in Namibia and Western Australia.

Australian Gold and Copper Ltd has reported compelling high-grade gold and silver mineralisation near surface at its Achilles deposit in NSW, highlighting a 150m long oxide zone with promising exploration upside.

Bass Oil Limited reported a 32% jump in October sales revenue alongside a 4% rise in daily production, while advancing its strategic Vanessa gas field acquisition targeting first gas sales in the second half of 2026.

American Uranium Limited has initiated hydrogeological testing alongside Phase 1 drilling at its Lo Herma ISR uranium project, aiming to expand its resource and validate aquifer conditions critical for in-situ recovery mining.

Catalina Resources has raised A$1.266 million through a share placement to advance its gold exploration in Western Australia's Yilgarn region, alongside proposing a significant share consolidation to streamline its capital structure.

Clime Investment Management has agreed to sell its retail client book for $1.65 million, marking a strategic shift to focus on its wholesale business and high-net-worth clients.

American Uranium Limited has initiated hydrogeological testing alongside resource drilling at its Lo Herma ISR uranium project, aiming to expand its resource base and support upcoming feasibility studies.

Uvre Limited has secured a key Prospecting Permit for the historic Invincible Gold Project in New Zealand’s Otago Goldfields, setting the stage for exploration activities starting late 2025 and maiden drilling in 2026.