Latest Resources News

James Bay Minerals has entered a binding agreement to acquire the high-grade Shafter Silver Project in Texas, featuring substantial existing infrastructure and a rich production history. The acquisition is backed by a $30 million capital raise and signals a strategic expansion into a premier US mining jurisdiction.

Global Uranium and Enrichment Limited reports promising drilling outcomes and regulatory progress at its Pine Ridge Uranium Project in Wyoming, reinforcing its potential amid a strengthening uranium market.

Pantera Lithium has completed the $40 million sale of its Smackover Project to EnergyX, gaining immediate cash and significant equity exposure while setting sights on expanding its U.S. critical minerals portfolio.

Brazilian Critical Minerals Ltd has raised A$6 million through a well-supported placement to fast-track its flagship Ema Rare Earths Project in Brazil, aiming to move closer to commercial production.

Panther Metals Limited has released a maiden scoping study for its Burtville East Gold Project, revealing strong economics and high-grade open pit potential. The study highlights an NPV8 of A$26.6 million and an IRR of 44%, underpinning the project's promising outlook.

Critical Metals Corp has amended its agreement to increase its ownership of the Tanbreez Rare Earths Project in Greenland to 92.5%, issuing 14.5 million shares to the project founder’s company. European Lithium retains a 7.5% stake as the project advances toward production.

Dateline Resources is intensifying its drilling campaign at the Colosseum Gold-REE Project in California, advancing its bankable feasibility study while exploring new gold and rare earth element targets. The company’s expanded rig fleet and geophysical surveys aim to unlock further value from this significant resource.

AuMEGA Metals has identified a significant new electromagnetic anomaly near its Central Zone deposits at the Cape Ray project, setting the stage for a fully funded drilling campaign in late 2025.

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.

Taiton Resources has raised $2 million through a share placement to fund drilling at its Challenger West and Highway projects, with further shareholder approvals pending.

Memphasys Limited has announced a pro-rata entitlement offer to raise approximately $1.12 million, issuing new shares at $0.003 each with free attaching options, aiming to fund the commercialisation of its Felix™ system and strengthen working capital.

TG Metals Limited has reported promising metallurgical test results from its Van Uden Gold Project stockpiles, confirming high gold recoveries and favorable ore characteristics. These findings pave the way for potential toll treatment agreements and support ongoing project development.