Latest Security News

BPM Minerals has agreed to sell its Claw Gold Project to Capricorn Metals for $1.5 million upfront, with potential milestone payments doubling the deal value. This transaction strengthens BPM’s cash position to fund exploration at its promising Forelands Gold Project near Kalgoorlie.

Arizona Lithium has secured A$8 million through the sale of its Big Sandy Lithium Project and Lithium Research Center, sharpening its focus on the Prairie Lithium Project in Canada, which is closer to production.

Resolution Minerals has secured final US Forest Service permits to begin drilling at its Horse Heaven Project, targeting gold, antimony, and tungsten. The company also advances its acquisition, setting the stage for exploration later this year.

NewPeak Metals has raised A$1.14 million by selling part of its shares in Lakes Blue Energy, aiming to fund its own exploration plans while maintaining a significant stake in Lakes’ promising gas projects.

The Environmental Group Limited (ASX – EGL) has landed a $1.9 million contract to design and build its inaugural PFAS treatment plant, marking a key milestone in commercialising its proprietary environmental technology.

Lakes Blue Energy has secured all regulatory approvals to begin drilling the Wombat-5 well in Gippsland, aiming to tap a significant gas resource with potential to ease Victoria’s looming supply crunch.

Carnaby Resources has reported significant drill assay results from its Trekelano and Mount Hope North prospects, reinforcing the potential of its Greater Duchess Copper Gold Project in Queensland.

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.

BWP Trust proposes to internalise its management by acquiring BWP Management Limited from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital expenditure at key Bunnings sites. The transaction aims to enhance income certainty, reduce costs, and increase distributions for investors.

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.

Otto Energy has secured a final Australian Taxation Office ruling clarifying the tax treatment of its recent $0.008 per share distribution, splitting it between a return of capital and a dividend.