Latest Resources News

Jindalee Lithium has repurchased all remaining convertible securities from Mercer Street Global Opportunity Fund II and C/M Capital Partners following a successful $8 million capital raise, simplifying its financial structure ahead of advancing the McDermitt Lithium Project.

Infini Resources Limited has launched a non-renounceable pro-rata entitlement offer to raise approximately A$533,000 through Loyalty Options, alongside a separate allocation of 6 million options to its Joint Lead Managers. The capital raise aims to support ongoing exploration activities amid a complex risk landscape.

Image Resources NL has responded to an ASX price query following unusual trading activity, confirming no undisclosed material information exists. The company referenced a recent ABC article and negative assay results from a non-core gold project as unrelated factors.

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.

Cannindah Resources has identified a 400-metre strike extension of copper-gold-molybdenum mineralisation at its Southern Target within the Mt Cannindah Project, Queensland, expanding the porphyry system footprint significantly. The company is advancing its drill program with scout drilling planned imminently to test this promising zone.

Red Sky Energy has completed drilling the Killanoola-2 well in South Australia, confirming hydrocarbons but facing low permeability challenges. The well is now suspended, with plans for future completion and stimulation to unlock production potential.

Northern Minerals has raised $60.5 million through a placement to institutional investors, aiming to fast-track its Browns Range heavy rare earths project and repay existing debt.

ASF Group's subsidiary ASF Capital has secured AUSTRAC registration as a Digital Currency Exchange provider, marking a regulatory milestone without commencing crypto operations or holding digital assets.

Trigg Minerals has significantly expanded its US tungsten portfolio by acquiring claims over the historic Nightingale Tungsten District in Nevada, including high-grade past-producing mines. The company is gearing up for major drilling campaigns to define resources and strengthen domestic supply of this critical metal.

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

Livium Ltd has been granted a patent protecting its innovative wet shredding process for lithium-ion battery recycling, enhancing safety and operational efficiency. This milestone solidifies its position in the evolving clean energy recycling sector.

Piche Resources Limited has voluntarily suspended trading of its shares pending a crucial update on its capital raising efforts, expected by early next week.