Latest Resources News

Unico Silver Limited has raised $25 million through a share placement to accelerate drilling and resource upgrades at its key silver projects in Argentina, aiming to define a major silver equivalent resource.

MetalsTech Limited has completed critical in-adit channel sampling for its Sturec Gold Project, progressing its Pre-Feasibility Study (PFS) on track for late 2025 completion. The company is leveraging technological innovations to enhance recoveries and reduce environmental impact.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

Adelong Gold Limited has formally declared a deadlock in its joint venture with Great Divide Mining, prompting a dispute resolution process as both parties contest the status of their collaboration.

Rokeby Resources has secured $1.7 million through an oversubscribed share placement to fund expanded drilling at its promising Hurricane gold and antimony project in Queensland.

Lindian Resources has approved the Final Investment Decision for its Kangankunde Rare Earths Project, securing full funding and a strategic partnership with Iluka Resources. The company is raising A$91.5 million via institutional placement to advance development and expansion plans.

Lindian Resources has raised A$91.5 million through a strong institutional placement, enabling the final investment decision for the Kangankunde Rare Earths Project’s Stage 1 development with production targeted for late 2026.

Lycopodium Limited delivered robust FY25 financial results, hitting the top end of guidance with $339.6 million revenue and $42.2 million net profit. The company’s strategic SAXUM acquisition broadens its footprint in the Americas, positioning it well for growth in critical minerals and clean energy sectors.

TG Metals reports encouraging assay results from historical stockpiles and secures approvals for in-pit drilling at its Van Uden Gold Project, aiming to unlock near-term cash flow opportunities.

Connected Minerals has kicked off its Phase 2 reverse circulation drilling at the Ondapanda Prospect within Namibia’s Etango North-East Uranium Project, building on promising Phase 1 results that revealed multiple economic-grade uranium intersections.

Pharmx Technologies reported a 13% increase in FY25 revenues to $7.53 million, driven by strong growth across its Gateway and Marketplace platforms. The company maintained positive EBITDA and a solid cash position despite legal expenses, setting the stage for an ambitious FY26 growth strategy.

Lycopodium Limited delivered FY25 results at the top end of guidance, reporting strong revenue and profit growth alongside strategic moves to deepen its global footprint, notably through the acquisition of Argentinian engineering firm SAXUM.