Latest Resources News

Far East Gold has commenced a 36-hole diamond drilling program at its Idenburg Gold Project in Papua, aiming to expand its current 540,000oz inferred resource and validate a multi-million-ounce exploration target.

Thunderbird Resources has entered a strategic option agreement with Mustang Energy, enabling Mustang to acquire up to 80% of two promising uranium projects in Canada’s Athabasca Basin while Thunderbird sharpens its focus on gold-antimony assets in New South Wales.

Future Battery Minerals Ltd has significantly expanded its gold exploration footprint at Coolgardie by staking seven new tenements, increasing its project area and setting the stage for upcoming drilling campaigns.

Lotus Resources has secured Environmental and Social Impact Assessment approval for its Kayelekera Uranium Project in Malawi, paving the way for uranium production to resume in the third quarter of 2025. The company also completed a key board transition, signaling a new phase in its governance.

Maggie Beer Holdings has agreed to sell its subsidiary Paris Creek Farms for $500,000, aiming to sharpen focus on its core premium brands and achieve significant cashflow savings.

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

Advance Metals has secured approvals to expand diamond drilling at its Myrtleford Project, targeting extensions of high-grade gold mineralisation along the Happy Valley Trend. The program includes new holes at multiple prospects and follows impressive assay results from earlier drilling.

GreenTech Metals has identified substantial gold mineralisation alongside copper and zinc at its Whundo Project, enhancing the economic potential and prompting a resource re-estimation to assess near-term production viability.

COSOL Limited anticipates solid revenue and earnings growth for FY25 despite some contract timing setbacks, with a promising outlook for FY26 driven by data analytics and managed services expansion.

Powerhouse Ventures Limited has issued its first-ever cash profit guidance for FY25, signalling a pivotal shift towards self-sustaining operations backed by strong corporate advisory and treasury performances.

Lincoln Minerals has secured a Native Title Mining Agreement with the Gawler Ranges Aboriginal Corporation, unlocking exploration at its promising Jungle Dam uranium prospect in South Australia.

White Cliff Minerals has reported outstanding copper and silver assay results from its maiden drilling at the Rae Copper Project in Nunavut, setting the stage for an expanded multi-rig campaign and resource upgrade.