Latest Resources News

Sarama Resources reported a $673,644 net loss in Q1 2025 while progressing exploration in Western Australia and initiating a $120 million arbitration over a disputed Burkina Faso permit withdrawal.

Sarama Resources Ltd reported a $673,644 net loss for Q1 2025, reflecting ongoing exploration costs and capital raises, while navigating arbitration funding with Burkina Faso authorities.

Highfield Resources Limited has had its ASX trading suspension lifted immediately following a key announcement on its funding arrangements, signaling renewed market confidence.

Highfield Resources has inked a non-binding letter of intent with Qinghai Salt Lake, a China Minmetals subsidiary, for a US$300 million equity investment aimed at fast-tracking its potash projects in Spain and Canada.

Highfield Resources has obtained a standby loan facility from EMR Capital to support its operations and strategic transaction progress, including advancing its flagship Muga Project. The company also extended the maturity of its convertible loan notes, underscoring ongoing investor confidence during a pivotal phase.

Ramelius Resources has obtained regulatory relief from ASIC, extending the deadline to make its takeover offer for Spartan Resources by an additional 31 days, a move that could influence the pace and outcome of the acquisition.

Infinity Mining Limited has successfully closed a pro-rata entitlement issue, raising over $280,000 through new options set to be listed on the ASX next week.

OM Holdings has agreed to sell its 26% interest in Ntsimbintle Mining to Exxaro Resources for US$101.4 million, marking a strategic shift to refocus capital on core operations while maintaining a commercial partnership.

Neuren Pharmaceuticals has received official FDA minutes confirming the primary endpoints for its pivotal Phase 3 trial of NNZ-2591 targeting Phelan-McDermid syndrome, reinforcing the positive signals from earlier studies.

Nimy Resources has clarified that no undisclosed information explains its recent share price jump, pointing instead to ongoing drilling and positive media coverage about a gallium discovery.

Patronus Resources has extended gold mineralisation at its Glencoe deposit in the Northern Territory through a recent drilling campaign, revealing multiple high-grade zones beyond the current resource boundaries.

Ballymore Resources has reported exceptional high-grade gold intersections from its ongoing Stage 5 underground drilling at the Dittmer Project, reinforcing the potential of a large gold system in North Queensland.