Latest Resources News

Nimy Resources has launched a Phase 2 drilling campaign at its promising Block 3 Gallium project in Western Australia, aiming to expand known mineralisation and progress towards a maiden JORC resource. The program also supports metallurgical testing critical to commercial development.

Tamboran Resources has finalized a US$15 million sale of 100,000 acres to Daly Waters Energy, retaining a dominant 1.9 million-acre position in the Beetaloo Basin and setting the stage for its Phase 2 gas development targeting Australia's East Coast market.

Tamboran Resources has raised US$55.4 million through a private placement to fund critical drilling activities in the Beetaloo Basin, aiming for first gas production by mid-2026.

Anteris Technologies Global Corp. reported a $21.9 million net loss for Q1 2025, driven by increased R&D spending as it scales manufacturing and prepares pivotal trials for its DurAVR Transcatheter Heart Valve. The company’s recent $80 million IPO proceeds are being deployed to support these efforts and repay debt.

Lindian Resources reports strong progress on its Kangankunde Rare Earths Project in Malawi, securing multiple financing proposals and advancing construction ahead of schedule. The company targets production in 2026 amid growing global demand for critical minerals.

Strickland Metals is advancing its 7.4 million ounce Rogozna Gold and Base Metals Project in Serbia through expanded development studies, community engagement, and key management appointments. The company targets a scoping study release by year-end 2025.

Cobre Limited reports exceptional copper and silver recoveries from long-term in-situ leaching tests at its Ngami Copper Project, advancing plans for a pilot plant to validate this innovative extraction method.

Leeuwin Metals has reported robust high-grade gold assay results from its initial drilling at the Marda Gold Project, prompting an accelerated follow-up drilling campaign.

Ausgold Limited has reported promising assay results from 32 drill holes across four regional prospects near its Katanning Gold Project, revealing broad and high-grade gold mineralisation that could underpin a network of satellite deposits.

Patronus Resources has confirmed the down-plunge continuation of high-grade gold mineralisation at its Koi Exploration Target within the Cardinia Gold Project, supporting a substantial Exploration Target and reinforcing growth potential below the Mertondale 3-4 deposit.

Encounter Resources has announced its maiden inferred niobium mineral resource estimate at the Aileron project in Western Australia, marking a significant step in developing a critical minerals hub in the West Arunta region.

Indiana Resources has launched a significant drilling program at its Minos gold deposit in South Australia, aiming to expand high-grade gold zones ahead of a maiden resource estimate.