Latest Resources News

Eminence Minerals has sold its non-core Mata da Corda Project in Brazil for USD 2 million, boosting its cash reserves and sharpening focus on priority assets.

Taiko Critical Minerals secures a conditional NZ$20 million government funding offer to co-finance a NZ$40 million wet separation plant at Barrytown, boosting project credibility and accelerating development plans.

Audalia Resources has secured $450,000 through a placement of 15 million shares at 3 cents each, aiming to push its Medcalf project closer to production while maintaining working capital.

Echelon Resources has finalised its exit from Cue Energy Resources following Horizon Oil's takeover, converting its Cue shares into cash and Horizon stock while cutting debt.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.

Noronex’s maiden drilling at Etango North reveals extensive uranium mineralisation within alaskite intrusions, validating its exploration model and highlighting significant upside in Namibia’s key uranium district.

Ballymore Resources has expanded its high-grade silver-lead-zinc-indium discovery at Torpy's through 22 drill holes and a detailed gravity survey, revealing multiple new targets across the Ruddygore Project. Assays and 3D modelling are expected soon to guide further exploration.

EMC Gold appoints Agne Ahlenius as CEO, reinforcing its strategic pivot to Spain with leadership focused on advancing the Salave Gold Project’s permitting and stakeholder engagement.

Caprice Resources has completed the sale of a 75% stake in its West Arunta Project to Maverick Minerals for A$2.7 million cash, while preserving a free-carried interest and minority stakes. The deal bolsters Caprice’s cash position, enabling intensified focus on its Murchison gold assets and a maiden resource estimate this year.

Riversgold has been granted a 21-year mining lease for its Northern Zone Gold Project near Kalgoorlie, clearing a major hurdle for development and triggering full funding from Mega Resources under a profit-sharing agreement.

High-Tech Metals has reported strong initial assay results from its Mt Fisher drilling program, confirming high-grade gold mineralisation continuity and supporting resource growth prospects.

KGL Resources has launched a $120 million entitlement offer at $0.20 per share, part of a $300 million capital raise to fund the Jervois Copper Project. The offer is underwritten except for pre-commitments from major shareholders, with new shares expected to be issued late July.