Latest Resources News

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Patagonia Lithium has reported outstanding Nuclear Magnetic Resonance survey results from its Formentera Lithium Brine Project, revealing high porosity and lithium concentrations that reinforce the site’s production potential.
Maxwell Dee
Maxwell Dee
16 May 2025
Korea National Oil Corporation is set to acquire a 29% stake in the Otway Basin joint venture with 3D Energi and ConocoPhillips, strengthening the exploration push for East Coast Australia’s gas supply.
Maxwell Dee
Maxwell Dee
16 May 2025
Resource Mining Corporation Limited (RMI) has responded to a sharp surge in its share price and trading volume, denying any undisclosed material information while pointing to ongoing copper-gold exploration activities at its Mpanda Project in Tanzania.
Maxwell Dee
Maxwell Dee
16 May 2025
Legacy Minerals Holdings has raised A$7.75 million through a strongly supported equity placement to accelerate drilling and exploration at its key Drake and Thomson projects in New South Wales.
Maxwell Dee
Maxwell Dee
16 May 2025
Empire Energy Group has launched a $28 million equity raise to fund critical development activities at its Beetaloo Basin shale gas project, aiming for first gas sales in 2025. The capital will support fracture stimulation, flow testing, and installation of the Carpentaria Gas Plant.
Maxwell Dee
Maxwell Dee
16 May 2025
Hastings Technology Metals has entered a binding agreement with Wyloo to form a 60:40 joint venture on the Yangibana Rare Earths and Niobium Project, with Wyloo taking the lead on funding and management. This partnership aims to de-risk project development and accelerate progress toward final investment decision.
Maxwell Dee
Maxwell Dee
16 May 2025
Empire Energy has successfully raised $28 million through a placement and launched a $3 million Share Purchase Plan to fund critical development of its Carpentaria-5H well in the Beetaloo Sub-basin.
Maxwell Dee
Maxwell Dee
16 May 2025
Midas Minerals has announced a transformative acquisition of the Otavi Copper-Gold-Silver Project in Namibia, unlocking significant exploration potential with plans to commence drilling later this year.
Maxwell Dee
Maxwell Dee
16 May 2025
Midas Minerals has agreed to acquire the Otavi Copper Project from Nexa Resources, unlocking significant high-grade copper, silver, and gold potential in a well-established African mining jurisdiction.
Maxwell Dee
Maxwell Dee
16 May 2025
Babylon Pump & Power has successfully closed its institutional entitlement offer, raising over $1 million through the issuance of 271 million new shares. A retail entitlement offer is set to follow, providing existing shareholders another chance to participate.
Victor Sage
Victor Sage
16 May 2025
Medallion Metals has raised $27.5 million through a well-supported institutional placement to accelerate its gold and copper production strategy by acquiring Forrestania’s processing infrastructure. This funding positions the company to advance drilling, feasibility studies, and a final investment decision by late 2025.
Maxwell Dee
Maxwell Dee
16 May 2025
Sipa Resources has initiated heritage surveys and lodged environmental approvals, setting the stage for its first gold drilling campaign in South Australia’s Gawler Craton.
Maxwell Dee
Maxwell Dee
16 May 2025