Latest Resources News

Verity Resources has acquired the remaining 34% joint venture interest in its Botswana copper-silver and nickel projects, gaining 100% ownership of a strategically significant critical metals portfolio. This move positions Verity to accelerate development in a region benefiting from major US export-import bank financing.

Green Technology Metals has successfully raised A$4.5 million through a two-tranche placement to accelerate development of its Seymour Lithium Project in Ontario, reinforcing its position in the North American lithium sector.

Energy Resources of Australia reported a $47.1 million cash outflow from operations and a $75.4 million investment spend in the September quarter, reducing cash reserves to $108.3 million.

Energy Resources of Australia updates on ongoing legal battles over Jabiluka lease and compulsory acquisition, while Ranger rehabilitation faces delays and potential cost overruns.

Strickland Metals has reported multiple thick, high-grade gold intercepts at its Gradina Deposit within the Rogozna Project, reinforcing the deposit’s significant potential ahead of a maiden resource estimate due late 2025.

Matsa Resources has successfully completed its initial processing campaign at the Devon Pit Gold Mine, aligning with budget and schedule, and is now gearing up for its second phase of mining and processing.

ABx Group reports outstanding impurity removal results from bulk sample tests at its Deep Leads rare earth project, retaining over 98% of critical rare earths and advancing towards a mixed rare earth carbonate product sample in late 2025.

Ballymore Resources has identified significant shallow copper-gold mineralisation at its Andromache prospect through a recent induced polarisation survey, setting the stage for upcoming drilling campaigns across multiple Queensland projects.

Infomedia Limited has received crucial regulatory clearance from the German Federal Ministry for Economic Affairs and Energy for its proposed acquisition by McQueen BidCo, advancing the scheme of arrangement. The company’s board continues to recommend shareholder approval amid remaining conditions.

Asian Battery Metals PLC’s due diligence drilling at the Maikhan Uul copper-gold project confirms more than 20 metres of massive sulphide mineralisation, validating historic data and advancing its acquisition option.

Koonenberry Gold is set to embark on an aggressive 10,000-metre drilling campaign at its Enmore Gold Project in northeast NSW, aiming to expand promising high-grade gold mineralisation and explore new targets along the Sunnyside Shear Zone.

Sultan Resources has completed a $1 million strategic placement at a premium, positioning itself for key acquisitions and exploration in Namibia and Western Australia.