Latest Resources News

Variscan Mines has successfully completed the majority of the second tranche of its $2.5 million capital raise, issuing over 330 million shares and nearly 200 million options to support its zinc-lead project in Spain.

Southern Palladium has responded to an ASX price query denying undisclosed information behind its recent share price rise, instead pointing to positive commodity price trends and ongoing project developments.

Future Metals NL has appointed seasoned resources executive Keith Bowes as Managing Director and CEO, aiming to accelerate development of its flagship Panton and Eileen Bore projects.

Locksley Resources has completed its second tranche placement with Tribeca, significantly strengthening its cash reserves to support its U.S. mine-to-market ambitions.

Altamin Limited has launched a $6.46 million retail entitlement offer to fund exploration at its Lazio Project and maintain the Gorno Project. Eligible shareholders can subscribe to new shares at $0.025 each on a 45-for-100 basis.

Altamin Limited has launched a $6.46 million accelerated entitlement offer to fund exploration at its Lazio and Gorno projects, while excluding shareholders in certain jurisdictions due to regulatory constraints.

Altamin Limited has initiated a 45 for 100 accelerated pro-rata entitlement offer at $0.025 per share to raise up to AUD 6.46 million, supporting its Lazio and Gorno projects in Italy. The offer includes a strong institutional backing and opens to eligible retail shareholders across multiple jurisdictions.

Burgundy Diamond Mines has been approved as eligible for up to CAD 150 million in emergency funding to sustain operations at its Ekati mine amid a sharp downturn in diamond prices caused by US tariffs. Trading in its securities remains suspended pending funding confirmation.

Aeris Resources is advancing exploration at its Golden Plateau deposit with a significant drilling campaign aimed at expanding mineralisation and defining a new Exploration Target. The initiative could extend the life of its Cracow gold operations in Queensland.

Estrella Resources has secured all approvals to begin maiden drilling at its Werumata limestone project, targeting a substantial 500 million tonne resource near key infrastructure in Timor-Leste.

Xstate Resources has commenced drilling the Diona-1 well in Queensland’s Surat-Bowen Basin, aiming at three proven hydrocarbon formations with promising resource potential and a rapid path to market.

Renegade Exploration Limited has expanded its US footprint by acquiring 39 claims in California’s Mountain Pass area, positioning itself near major gold and rare earth mines with immediate exploration plans underway.