Latest Resources News

Lindian Resources has locked in a US$20 million funding deal and a 15-year offtake agreement with Iluka Resources, underpinning the development of its Kangankunde Rare Earths Project and aligning with Australia’s Eneabba refinery ambitions.

Lindian Resources has locked in a US$20 million funding facility and a 15-year offtake agreement with Iluka Resources, cementing a strategic partnership that advances the Kangankunde Rare Earths Project and links supply to Australia’s Eneabba refinery.

Syrah Resources has initiated a fully underwritten A$70 million equity raising alongside a two-year forbearance agreement with the US Department of Energy, supporting its Vidalia and Balama operations. The retail entitlement offer opened on 6 August and closes on 20 August 2025.

ABx Group has sent a 100 kg bulk sample from its Deep Leads rare earths project to ANSTO for production of a high-purity mixed rare earth carbonate, confirming exceptional grades and extraction potential. The milestone underscores ABx’s progress toward low-cost, environmentally friendly rare earth supply.

Siren Gold Limited has revealed promising high-grade antimony and gold mineralisation at its Langdons Project near Reefton, New Zealand, highlighting significant exploration progress in a historically mined area.

BMG Resources has secured $600,000 through a strategic share placement to advance its Western Australian gold projects, focusing on a scoping study at Abercromby and further drilling at Bullabulling.

RareX Limited reports exceptional high-grade gallium intercepts at its Cummins Range deposit, reinforcing its position as a leading Australian source amid a tightening global market. The company is advancing processing strategies to capitalise on gallium’s rising strategic importance.

Corazon Mining has secured a transformative deal to acquire the Two Pools Gold Project in Western Australia, backed by a A$2 million capital raise and the appointment of Simon Coyle as Managing Director.

Enova Mining is set to begin maiden diamond drilling at its East Salinas Project in Brazil, targeting promising high-grade rare earth element mineralisation. The campaign aims to test depth continuity along a 4km strike with results expected to shape the project's future.

New Age Exploration’s first drilling campaign at Lammerlaw has intersected promising shear zone-hosted gold mineralisation, echoing the renowned Macraes deposit style. The results validate their exploration approach and set the stage for further resource definition.

G50 Corp has identified sericite as the primary host mineral for gallium at its Golconda Project, marking a pivotal step toward developing a domestic US supply of this critical metal. Recent drilling confirms consistent high-grade gallium alongside precious metals, advancing commercial extraction prospects.

White Cliff Minerals has significantly extended the known mineralisation at its Danvers Copper Project in Nunavut, Canada, with visible sulphides observed across all recent drill holes, more than doubling the strike length to over 400 metres. Assay results are expected in September, potentially confirming a major copper discovery.