Latest Resources News

Xstate Resources has extended its Re-compliance Prospectus Offer deadline to 21 August 2025, aiming to meet ASX conditions for re-admission by raising at least $2 million from 300 new investors.

Trigg Minerals has acquired 100% of the Tennessee Mountain Tungsten Project in Nevada, marking a strategic expansion into critical minerals with a historically significant tungsten resource. The move aligns with rising tungsten demand and the company's goal to become a key supplier of defence metals.

Classic Minerals has completed a design study for a 250,000 tonnes per annum Carbon-in-Leach gold processing plant at Forrestania, appointing IPS Global as EPCM contractor and outlining a scalable growth strategy.

Warriedar Resources has appointed BDO Corporate Finance Australia to assess the proposed acquisition by Capricorn Metals, with a detailed Independent Expert Report due in late September 2025.

Gibb River Diamonds reports strong Phase 1 grade control drilling results at the Neta Gold Prospect, confirming high-grade gold mineralisation from surface and setting the stage for imminent mining activities.

American West Metals reports robust high-grade copper intersections from recent drilling at its Storm Copper Project in Nunavut, Canada, highlighting significant resource expansion potential.

Liontown Resources has secured approximately A$266 million through a fully underwritten institutional placement, complemented by a share purchase plan, to accelerate the transition of its Kathleen Valley lithium project to 100% underground mining by Q3 FY26. This capital raising strengthens the company’s balance sheet amid challenging lithium market conditions.

Marquee Resources has successfully intersected antimony mineralisation in every hole of its initial drilling campaign at the Mt Clement Project, setting the stage for a maiden resource estimate and expanded drilling.

Anson Resources has confirmed its Bosydaba#1 well can supply brine at 6,000 barrels per day, meeting the flow requirements for its planned lithium extraction demonstration plant in Utah. This milestone reduces costs and accelerates project timelines.

Liontown Resources launches a fully underwritten A$266 million placement, anchored by a A$50 million cornerstone investment from the National Reconstruction Fund Corporation, to bolster its balance sheet and support growth at Kathleen Valley.

Energy Transition Minerals Ltd has been reinstated to the ASX following a capital raising and the strategic acquisition of the Penouta Tin-Tantalum-Niobium Mine in Spain.

Energy Transition Minerals Ltd (ETM) has won the bid for the Penouta mine in Spain, the EU’s sole tin-tantalum-niobium producer, raising A$10 million to support the acquisition and development amid regulatory hurdles.