Latest Resources News

Lindian Resources confirms its Kangankunde Rare Earths Project remains unaffected by Malawi's raw mineral export ban due to planned in-country processing. The company reassures investors of ongoing compliance and project progress following recent funding and partnerships.

Magnetic Resources NL confirms a highly economic 9-year gold mining project at Lady Julie with a pre-tax NPV of A$970 million and strong funding momentum. The project is poised for construction readiness following key approvals and a successful $35 million placement.

Magnetic Resources NL reported a strong cash position after raising $35 million in equity during the September quarter, ending with nearly $38 million in cash reserves.

Golden State Mining Limited has raised $1.5 million through a two-tranche placement to fund its Western Australian gold projects, while welcoming a new director and preparing for its Managing Director's departure.

Tasman Resources has clarified the reasons behind its recent share price jump, linking it to new drilling funding and a rise in its Eden Innovations investment value.

Theta Gold Mines has launched a significant capital raising initiative combining a $12 million placement, a $2 million share purchase plan, and a $32 million cornerstone investment, all accompanied by attaching options subject to shareholder approval.

Mantle Minerals has completed the sale of Mt Roe Mining Pty Ltd for AUD 13.5 million, retaining key projects and identifying 11 new exploration targets at Yule River. A ground gravity survey is planned to refine 2026 drilling efforts.

Theta Gold Mines has launched a $12 million Share Purchase Plan at 21 cents per share, matching its recent private placement price, and is offering free attaching options to participating shareholders.

OZZ Resources advances exploration with fresh gold anomalies at Maguires Reward and pursues a joint venture to unlock project potential amid ongoing ASX suspension.

Infinity Metals reports progress on its San Jose lithium mining license application in Spain while facing drilling delays and strategic shifts in its Australian gold-copper projects.

Cannindah Resources has secured $4.5 million through a fully underwritten entitlement offer to accelerate drilling at its Mt Cannindah copper-gold project, unveiling promising new high-grade porphyry targets that could reshape its resource profile.

Sunrise Energy Metals has nearly doubled its scandium resource at the Syerston Project and attracted significant US government financing interest, underscoring the strategic value of its critical minerals assets amid tightening global supply.