Latest Resources News

Admiralty Resources reported a $3.1 million cash outflow for the December quarter, with less than one quarter of funding available. Despite this, the company expects to maintain operations supported by iron ore sales and a significant prepayment.

5E Advanced Materials has successfully priced an upsized and oversubscribed US$36 million public offering, aiming to accelerate its boron and lithium development projects. The capital raise underscores investor confidence as the company advances its clean energy materials strategy.

Oakridge International reports solid growth in healthcare technology revenues and product development progress, while navigating a potential legal claim from Teko International.

Enterprise Metals has completed a targeted drilling campaign at its Cuddingwarra North rare earth prospect, delivering 906 metres of samples now awaiting assay results. The program aims to unlock the potential of this strategically located tenement adjacent to Victory Metals’ resource.

Australian Rare Earths Limited (ASX – AR3) has made significant strides in advancing its Koppamurra Rare Earths Project, securing pilot-scale processing at ANSTO’s new facility and raising $6 million post-quarter to fund development. Concurrently, promising uranium targets have been identified at its Overland Project.

State Gas Limited has independently certified a maiden 2P gas reserve of 30.2 PJ at its Rolleston West Project, underpinning plans for a 10TJ/day gas development. The company also raised $3.2 million through convertible notes to accelerate pre-development activities.

Enterprise Metals has reported encouraging drilling results from its Vulcan Prospect in Western Australia, revealing significant gold mineralisation and evidence of a substantial copper-zinc-gold system. The findings support ongoing exploration efforts backed by government funding.

Aspire Mining has taken a major step forward in developing its Ovoot Coking Coal Project by signing a $69.9 million EPC contract and gaining government backing for a key highway project, positioning the company for first coal exports by late 2027.

Ausmon Resources advances its rare earth elements exploration in South Australia’s Limestone Coast, unveiling promising drilling results and plans for detailed grid drilling in 2026. Concurrently, the company pursues base metals and gold prospects in New South Wales and Queensland.

Alchemy Resources reported strong exploration progress in lithium, iron ore, and base metals across Western Australia and New South Wales, highlighted by promising drill results and strategic joint ventures.

Eminence Minerals reports strong near-surface rare earth results in Brazil and advances a judicial review over heritage site decisions in Western Australia, while appointing new leadership to drive growth.

Audio Pixels Holdings Limited reported a $7.2 million loss for the half-year ending June 2025, while making significant strides in refining its MEMS digital loudspeaker fabrication process and securing a $6 million loan facility.