Latest Strategy News

Mount Ridley Mines has completed its recent entitlement offer, raising $190,910 but leaving a significant shortfall of shares unsubscribed. The company now faces decisions on how to manage the remaining 202 million shares.

Peninsula Energy has successfully produced its first batch of dried yellowcake uranium at the Lance Project in Wyoming, marking a major step toward becoming a fully independent uranium producer in the US.

Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.

Investigator Resources has agreed to sell its 25% stake in the Molyhil tungsten-molybdenum project to Tivan Limited, unlocking over A$3 million in value and sharpening its focus on precious metals development.

Medallion Metals has taken a crucial step forward by ordering a secondary ball mill to upgrade the Cosmic Boy Concentrator, underpinning its Sulphide Production Strategy and advancing its feasibility study toward a final investment decision.

Race Oncology has uncovered that its anticancer drug bisantrene exists as three light-sensitive isomers, with only one showing potent activity. The company has filed patents to protect this active form, potentially extending its intellectual property rights until 2045.

Paladin Energy has launched a fully underwritten A$300 million equity raising to advance its Patterson Lake South uranium project, aiming for a Final Investment Decision and first production by 2031.

Core Energy Minerals has confirmed uranium mineralisation at its Cummins Project in South Australia through a maiden aircore drilling program, reinforcing its geological model and setting the stage for targeted follow-up exploration.

Next Science has finalised the sale of nearly all its assets to OSARTIS GmbH for US$50 million, with plans to return approximately US$30 million net proceeds to shareholders following legal and tax review.

Variscan Mines has acquired extensive historic drilling data over newly granted licences in northern Spain, revealing significant high-grade zinc and lead mineralisation and unlocking a district-scale exploration opportunity.

Pantera Lithium has won strong shareholder approval for its sale of Daytona Lithium to EnergyX, with due diligence complete and closing expected soon. Meanwhile, Pantera is broadening its US critical minerals portfolio beyond lithium.

Rumble Resources Limited has launched a $2 million non-renounceable entitlement offer following a $7 million placement, aiming to fund exploration and development activities at its Western Queen Gold Project. The offer opens on 16 September and closes on 26 September 2025.