Latest Strategy News

Sunrise Energy Metals has won a key financial reprieve with acceptance into New South Wales’ Critical Minerals Royalty Deferral Scheme, supporting the development of its Syerston Scandium Project, a rare scalable source outside China critical for advanced technology supply chains.

ADX Energy’s Sicily Channel biogenic gas play gains validation from an independent technical review, reinforcing its prospective resource estimates and exploration strategy.

Fluence Corporation has secured two seawater desalination contracts in Vietnam worth approximately US $3.7 million. The projects, set for completion by year-end 2026, will produce up to 7,500 cubic metres of potable water daily on Phu Quoc Island, addressing critical water scarcity.

Ausgold Limited is accelerating development at its Katanning Gold Project, with siteworks underway, modular accommodation nearing completion, and key engineering and power contracts signed to support a final investment decision by end-2026 and first gold production in mid-2028.

Union Star Metals has locked in a binding option agreement with Lionex Metals Group for its Kalgoorlie Gold Project, potentially netting up to A$890,000. The deal aligns with Union Star’s strategy to streamline Australian assets and refocus on its Nevada gold and silver ventures.

Diablo Resources has secured final permits to start a maiden diamond drilling program at its high-grade North Star Prospect in Utah, targeting silver, antimony, and copper. The company also completed the second tranche of a $3.5 million placement to fund exploration and the Horn Silver acquisition.

Genesis Minerals has tabled a binding A$5.6 billion merger proposal for Vault Minerals, offering a mix of shares and cash that values Vault at a premium to a rival bid. The combined entity would dominate the Leonora-Laverton gold district with significant operational synergies and a strong balance sheet.

AuMEGA Metals appoints Rafael Gradim as President, replacing Michael Skead, to spearhead exploration across its significant Newfoundland gold portfolio.

Greatland Resources beat its FY26 gold production guidance by 6%, delivering 329,000 ounces and building cash reserves to $1.29 billion while maintaining zero debt.

Diamond drilling at Yandal Resources' Arrakis Prospect reveals consistent high-grade gold mineralisation extending at depth, reinforcing the discovery's potential and setting the stage for an exploration target update in July.

Tarrina Resources has extended gold mineralisation beyond historic workings at Christmas Gift, revealing high-grade intersections including 0.5m at 42.26 g/t Au and validating historic data with modern drilling.

Eminence Minerals has sold its non-core Mata da Corda Project in Brazil for USD 2 million, boosting its cash reserves and sharpening focus on priority assets.