Latest Resources News

Emperor Energy has won a crucial 24-month extension on its Vic/P47 exploration permit, securing tenure for the Judith Gas Field offshore Victoria and allowing more time to complete environmental approvals and funding arrangements.

Carnavale Resources has completed critical drilling programs at its Kookynie Gold Project, pushing the Bankable Feasibility Study (BFS) forward and targeting a shovel-ready status by Q3 2026. The work upgrades resource confidence and supports detailed metallurgical and geotechnical studies.

Spenda Limited has successfully raised $1.4 million through a private placement, supported by both new and existing sophisticated investors, including key directors. The funds will fuel the company’s commercialisation efforts and strengthen its working capital position.

AuMEGA Metals has successfully closed the first tranche of its upsized private placement, raising over C$5 million to advance its exploration projects in Newfoundland. A second tranche awaits shareholder approval, potentially boosting the company’s capital base further.

Celsius Resources' subsidiary has formally notified its partner of plans to relinquish a 60% stake in Makilala Mining Company, with regulatory compliance and shareholder engagement underway.

NexGen Energy has received the last federal approval needed to start construction on its Rook I uranium project in Saskatchewan, set to become the globe’s largest and most environmentally advanced uranium mine.

Albright Metals has completed the sale of part of its Bryah Basin tenements to Catalyst Metals, securing $1 million in cash and shares to advance its Golden Pike gold and antimony project in Canada.

Golden Mile Resources has raised $730,000 through a discounted private placement to fund accelerated exploration at its promising Aurora and Yuinmery gold projects.

Kaili Resources has reported promising laboratory assay results from its recent aircore drilling program targeting rare earth elements in South Australia’s Mallee Project. The findings highlight significant Total Rare Earth Oxide concentrations, particularly within the Coodalya tenement, supporting plans for expanded drilling.

Tivan Limited has committed up to $1 million over four years to support Indigenous communities through a partnership with the Central Land Council, reinforcing its responsible mining approach in Central Australia.

Black Bear Minerals has reported significant high-grade silver intercepts outside the existing Mineral Resource Estimate at its Shafter Silver Project in Texas, signalling potential for resource expansion and enhanced polymetallic value.

Australian Critical Minerals has appointed an experienced Peruvian drilling contractor to commence its first diamond drilling campaign at the Flint High-Sulphidation Gold-Silver Project, targeting a large-scale epithermal system in a prolific gold belt.