Latest Resources News

Pioneer Lithium has expanded its uranium portfolio in Namibia through the acquisition of the Gaobis Uranium Project, adding significant prospective ground adjacent to its Warmbad Project. This move positions the company to accelerate uranium resource growth in a globally important mining jurisdiction.

MetalsTech Limited has received a $2 million strategic investment to advance its Sturec Gold Project in Slovakia, aiming to complete a pivotal Pre-Feasibility Study that could unlock significant value.

Novo Resources has reported significant high-grade gold intercepts from its maiden drilling at the Clone prospect within the Tibooburra Gold Project, confirming a continuous shallow north-plunging gold shoot over 300 metres. The company plans further drilling and structural studies to expand on these promising results.

West Cobar Metals has identified compelling copper-gold targets at its 100%-owned Nantilla Project in NSW, leveraging reprocessed geophysical data to pinpoint priority drill sites.

Panther Metals has reported further high-grade gold intercepts and strike extensions from its 2025 drilling campaign at the Burtville East Gold Project, reinforcing the project's growing potential. The company is now moving towards updating its geological model and preparing a maiden Mineral Resource estimate.

West African Resources has achieved its first gold pour at the Kiaka project while maintaining solid production at Sanbrado, positioning the company well to meet its 2025 targets.

Coolabah Metals Limited has closed its upsized $20 million public offer ahead of schedule due to strong investor demand, progressing its strategic acquisition of Broken Hill Mines Pty Ltd. The move consolidates key mining assets at Broken Hill and sets the stage for a significant corporate transformation.

Vigorous Resources has launched an unconditional off-market takeover bid for all shares in Rey Resources at a 160% premium, backed by unanimous board support and funding from a major shareholder.

Rey Resources Limited has issued a Target's Statement recommending shareholders accept an unconditional $0.028 per share cash takeover offer from Vigorous Resources Pty Ltd, representing a significant premium over historic trading prices. The REY Board unanimously supports the offer, citing certainty and liquidity amid the company's financial challenges.

Vigorous Resources has initiated an unconditional off-market takeover offer for all shares of Rey Resources at a 155% premium, with unanimous support from the Rey board. The bid, funded by a major shareholder loan, aims to provide immediate cash value to Rey shareholders and could lead to Rey's delisting from ASX.

Betashares Capital Ltd has released the estimated annual distribution breakdown for its FTSE RAFI Australia 200 ETF (QOZ) for the 2024-25 financial year, confirming a 100% cash distribution with detailed tax components.

Betashares Capital Ltd has released the estimated annual distribution components for its Ethical Diversified Growth ETF (DGGF) for the 2024-25 financial year, highlighting a diverse mix of income sources and tax attributes.