Latest Resources News

Cannindah Resources launches a fully underwritten $4.5 million entitlement offer to fund accelerated drilling at its Mt Cannindah copper-gold deposit, aiming to expand its 14.5Mt resource and explore new Tier-1 porphyry targets.

Axel REE Limited has announced a maiden inferred gallium mineral resource of 100 million tonnes at its Caladão Project in Brazil, marking a significant milestone in critical minerals exploration amid global supply constraints.

Morphic Ethical Equities Fund Limited reported a strong turnaround in FY2025 with a $5.44 million net profit and portfolio returns surpassing its benchmark, while continuing aggressive share buybacks despite withholding dividends.

Great Northern Minerals Ltd has agreed to acquire the Catalyst Ridge Project in California’s Mountain Pass District, a key US rare earth and antimony region, supported by a $2.6 million capital raise to accelerate exploration.

Peninsula Energy outlines a revised production roadmap for its Lance uranium project in Wyoming, addressing commissioning delays and legacy contract burdens while securing fresh capital to fuel growth amid strong US nuclear energy momentum.

Peninsula Energy Limited launches a fully underwritten A$69.9 million equity raising to support the ramp-up of its Lance uranium project in Wyoming, alongside a strategic operational reset and leadership overhaul.

RLF AgTech Ltd has secured $4.5 million through a discounted share placement to support its strategic growth initiatives following a robust 74% revenue increase in FY2025. The company is advancing its Australian relaunch, expanding manufacturing, and entering new Asian markets.

Golden Mile Resources has raised $510,823 through a discounted private placement to fund further exploration at its Pearl Copper Project in Arizona and pursue strategic acquisitions.

Cue Energy Resources reported a 10% revenue increase to $54.8 million in FY2025, declaring a final dividend and advancing key development projects that underpin future growth.

Cue Energy Resources reported a 10.4% increase in revenue to $54.8 million for FY2025, driven by stable production and higher gas prices, but net profit after tax halved to $6.32 million due to rising costs. The company declared a final dividend of 0.5 cents per share.

Viridis Mining and Minerals has significantly expanded its Colossus Rare Earth Elements project in Brazil, securing an additional 2,503.6 hectares adjacent to its existing licenses. This move, backed by robust government support and strategic partnerships, enhances the project's scale and de-risks its pathway to production.

Diversified United Investment Limited reported a 5.4% rise in statutory profit to $38 million for FY2025, alongside a zero-debt position and a maintained fully franked dividend of 9 cents per share.