Latest Resources News

Elixir Energy has successfully completed its Teelba 2D seismic survey in Queensland’s Taroom Trough, acquiring critical data that could underpin a new contingent gas-condensate resource.

Cannindah Resources has kicked off a 10,000-metre diamond drilling campaign at its Southern Porphyry Target, aiming to confirm a significant copper-gold system beneath Mt Cannindah. This ambitious program could redefine the company’s resource base and growth trajectory.

Forrestania Resources has confirmed significant high-grade gold mineralisation extending deeper and along strike at its British Hill project, following its maiden drilling program. The results bolster prospects for expanding the resource and advancing development plans.

Fortuna Metals Limited (ASX:FUN) reports a major high-grade rutile discovery at its Mkanda project in Malawi, positioning itself to meet rising demand from aerospace and emerging robotics sectors amid a tightening global titanium market.

Latitude 66 Limited has completed a significant Phase 2 drilling campaign at its Laverton Gold Project, targeting resource expansion and structural clarity at the Red Dog and Tin Dog prospects. Assay results are expected soon, potentially shaping the project's next exploration phase.

Forrestania Resources has inked a binding agreement with Polaris Engineering to construct a new carbon-in-leach plant at Lake Johnston, aiming for commissioning by November 2026 and a throughput of 3.2 million tonnes per annum.

Ramelius Resources has updated its dividend announcement for the six months ending December 2025, confirming a fully franked dividend of 3 cents per share and setting the Dividend Reinvestment Plan issue price at AUD 3.5244.

iCandy Interactive has announced plans for Lemon Sky Studios to pursue a US IPO on the NYSE American, targeting a US$15 million capital raise, while highlighting strategic pivots in AI and blockchain markets.

Killi Resources Limited has successfully completed the first tranche of its share placement, issuing over 26 million shares to raise just over $1 million. The company confirms full regulatory compliance with no undisclosed information.

Lachlan Star has completed its acquisition of a major interest in the New Waverley Gold Project in Western Australia, with a maiden diamond drilling program scheduled to start next week.

Syrah Resources has successfully closed its institutional entitlement offer, securing A$44 million at a share price of 10.5 cents, with the retail offer now open to shareholders. This capital raise aims to strengthen the company’s financial position as it advances its graphite and anode material operations.

Bass Oil reported steady February production with some operational setbacks in the Cooper Basin, while gaining regulatory approval for the Vanessa gas field acquisition and securing government funding for Kiwi gas development.