Latest Resources News

Lithium Universe has bolstered its photovoltaic recycling program by appointing a robotics expert to accelerate silver recovery technology, advancing plans for a Texas recycling facility.

Winchester Energy has commenced drilling the JVU-5 well in its Varn waterflood project in Texas, marking a key step in unlocking over one million barrels of oil equivalent reserves. The operation underscores the company’s commitment to expanding its US production footprint.

Aurumin Limited has secured Supreme Court approval to convene shareholder and optionholder meetings for Brightstar Resources’ proposed full acquisition. The company’s directors unanimously back the schemes, setting the stage for a pivotal vote in November.

Dundas Minerals has raised $1.1 million through a discounted share placement to fund ongoing gold exploration in Western Australia, alongside appointing a new Company Secretary to strengthen corporate governance.

Australian Vanadium Limited has received a $4.9 million milestone payment from the federal government, advancing its integrated vanadium project aimed at supporting domestic battery energy storage solutions.

Indiana Resources has secured a definitive tax ruling from the ATO clarifying that its recent $0.05 per share capital return is not a dividend, shaping the tax implications for shareholders.

Kingsland Minerals Limited has launched a Share Purchase Plan offering eligible shareholders the chance to buy shares at a 20% discount, aiming to raise up to $500,000 to advance its Leliyn Graphite Project.

Neometals Ltd has initiated an 8,300-metre drilling campaign targeting high-grade gold zones at its 100% owned Barrambie Gold Project in Western Australia, aiming to unlock new resource potential and advance towards production.

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Maronan Metals has raised $16 million through a well-supported institutional placement and launched a $3 million Share Purchase Plan to fund development of its high-grade silver-lead and copper-gold project in Queensland.

Savannah Goldfields reports promising high-grade gold assay results from its latest drilling campaign at Big Reef Extended, reinforcing the Georgetown Project’s near-term mining potential.

Locksley Resources has produced a high-grade antimony concentrate exceeding market standards from its Desert Antimony Mine in California, marking a significant step toward a fully domestic US antimony supply chain.