Latest Resources News

WhiteHawk Limited has completed a significant share placement to Lakeba Group, bringing the investor into its top 10 shareholders and signaling a strategic partnership aimed at accelerating growth in cybersecurity and AI.

Gold Mountain Limited has had its trading suspension lifted immediately following the release of details on a recent capital raising placement.

Gold Mountain Limited has increased its capital raise to $2 million by issuing nearly 30 million shares at a slightly higher price, lifting its voluntary trading suspension and reinforcing its exploration ambitions.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares, paving the way for the company’s imminent delisting from the ASX.

Lakes Blue Energy reports strong gas shows and excellent reservoir quality from its Wombat-5 appraisal well in Victoria’s Gippsland Basin, setting the stage for imminent production testing and potential field development.

Aurum Resources Limited has had its trading suspension lifted immediately following the lodgement of its annual financial report, allowing its shares to resume trading on the ASX.

Critical Resources Limited has successfully completed the first tranche of its capital raising, issuing over 190 million shares and accompanying options to bolster its exploration projects. The company now awaits shareholder approval for director share issuance as it prepares for the second tranche.

Xstate Resources reports steady progress on its Diona-1 well in Queensland, confirming its majority ownership of ATP 2077 and targeting multiple proven gas reservoirs with promising potential.

Magnum Mining & Exploration reports exceptional rare earth element recoveries from early leach tests at its Palmares REE Project in Brazil, highlighting strong potential for high-value magnet materials and a tier-one discovery.

American Uranium Limited confirms the start of phase one resource drilling at its Lo Herma uranium project in the U.S. this October, aiming to grow its mineral resource and support a 2026 scoping study update.

QMines Limited has announced a fully underwritten $1.5 million Share Purchase Plan for existing shareholders, complementing a recent $7.5 million placement to fund exploration at its Mt Mackenzie gold and silver project.

Cobalt Blue Holdings has fully repaid its $1 million promissory note to American Rare Earths, unencumbering its flagship Broken Hill Cobalt Project amid a strengthening cobalt market.