Latest South Australia News

Quantum Graphite has lodged its final US$300 million financing application with the US EXIM Bank for Project Utile, alongside securing a new exploration license EL7019 in South Australia. The company is poised to release updated JORC 2012 exploration targets soon, underpinning its growth strategy.

Renascor Resources has marked significant progress in its Purified Spherical Graphite (PSG) demonstration plant development, securing a site and completing initial production runs ahead of commissioning in late 2025.

Petratherm Limited reports compelling high-grade titanium mineralisation at its Muckanippie Project, supported by successful drilling and mineralogical analyses. The company’s oversubscribed funding round strengthens its capacity for further exploration.

Strategic Energy Resources has completed a significant 25-hole drill program at its Achilles 1 Prospect, confirming widespread polymetallic mineralisation, while a new electromagnetic survey at its Mundi Project reveals promising conductors for further exploration.

Stelar Metals advances exploration at its Baratta Copper Project with new geophysical targets identified in the Bibliando Diapir, reinforcing its potential as a sediment-hosted copper province akin to Africa’s Central Copper Belt.

Aruma Resources advances its exploration portfolio with standout assay results at Fiery Creek and strategic leadership changes, setting the stage for upcoming drilling campaigns.

Boss Energy has officially declared commercial production at its Honeymoon Uranium Project following a strong operational ramp-up, with production and cost guidance reinforcing its position as a competitive uranium producer.

Marmota Limited reveals bonanza-grade gold assays up to 107 g/t from its inaugural drilling at Campfire Bore, highlighting significant high-grade zones and promising extensions.

Noxopharm’s December 2024 quarterly report reveals expanding global interest in its Sofra technology through new Material Transfer Agreements and a strengthened cash position following a significant R&D tax rebate.

Core Energy Minerals has raised $3.7 million through a two-tranche share placement, attracting a significant investment from Jose Luis Manzano. The funds will underpin exploration efforts across South Australia, Brazil, and Namibia, positioning the company for growth in tier-one uranium jurisdictions.

Hawsons Iron Limited is progressing key process optimisation initiatives focused on dry crushing circuits and by-product extraction, while deepening government and investor engagement to enhance the Hawsons Iron Project’s value.

Osmond Resources has reported strong assay results from 27 samples at its Orion EU Critical Minerals Project in Spain, highlighting promising high-grade mineralization and continuity between zones. The company is poised to commence drilling to confirm these findings and accelerate development.