Latest South Australia News

Heavy Rare Earths Limited (ASX:HRE) advanced its uranium exploration footprint in South Australia with a key asset acquisition and bolstered its balance sheet through a $2.46 million capital raise during the December 2024 quarter.

Coda Minerals is set to launch a high-impact drilling campaign at its Emmie East prospect in February 2025, aiming to significantly expand the Emmie Bluff copper-cobalt-silver resource. Early results are expected within weeks, potentially reshaping the company’s resource base.

Narryer Metals has reported a significant new critical minerals discovery at its Rocky Gully project, revealing high-grade scandium and rare earth element mineralisation alongside successful capital raising to fund further exploration.

Zeus Resources Ltd has successfully reinstated its securities on the ASX and raised over $1.2 million through a Share Purchase Plan, Priority Options Offer, and Placement, advancing exploration in uranium, lithium, and rare earth projects across South Australia and Western Australia.

NeuRizer Ltd has resolved key regulatory delays for its NeuRizer Urea Project, significantly cut operating costs, and is forging international partnerships to expand its In Situ Gasification technology.

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.