Latest Resources News

The Takeovers Panel has declined to intervene in the ongoing control tussle for New World Resources, despite concerns over delayed disclosure and contested share acquisitions.

Pure Resources advances its Reedy Creek project by exploring graphite potential and forging US partnerships to tap into thermal management and rare earth element technologies.

Midas Minerals has validated three significant gold trends spanning 9km at its Challa Project in Western Australia, using innovative detectORE™ pXRF technology. The company plans further infill sampling to define drill targets while advancing exploration preparations for its Otavi Copper Project in Namibia.

High-Tech Metals has obtained crucial mining approvals and formed a joint venture to tap into historic gold stockpiles at its Mt Fisher Project, aiming for early cash flow and resource definition.

Western Yilgarn Limited announces a maiden JORC-compliant inferred mineral resource of 39.27 million tonnes at New Norcia, boosting its total bauxite portfolio to 244 million tonnes. The shallow, high-grade deposit benefits from strong infrastructure and promising metallurgical characteristics.

Nova Minerals has priced a US$11.1 million underwritten public offering on NASDAQ, aiming to boost exploration and development at its Estelle Gold and Critical Minerals Project in Alaska.

Iltani Resources has completed its JORC infill drilling program at the Orient West Silver-Indium Project in Queensland, delivering multiple high-grade assay results that confirm mineralisation continuity and set the stage for an initial JORC Resource estimate by July’s end.

Argent Minerals is fast-tracking diamond drilling and metallurgical testwork at its Kempfield Polymetallic Project to underpin a scoping study aimed at early cash flow and long-term development.

Rapid Critical Metals Limited (ASX, RCM) has unveiled a strategic acquisition of two high-grade silver projects in New South Wales and a critical metals project in British Columbia, supported by a proposed $10 million capital raise.

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.

Aurum Resources has completed a A$35.6 million strategic placement, bolstering its cash reserves to over A$45 million and enabling accelerated development of its Boundiali and Napié gold projects in Côte d’Ivoire.

X2M Connect Limited has launched a $4.9 million capital raising through a Placement and Entitlement Offer to reduce debt and accelerate expansion in IoT, AI, and renewable energy markets.