Latest Timor Leste News

Estrella Resources has announced a substantial maiden JORC (2012) inferred limestone resource of 621 million tonnes at its Werumata project in Timor-Leste, highlighting multiple product streams and significant upside potential.

Finder Energy (ASX:FDR) is advancing its KTJ Project in Timor-Leste, aiming for a final investment decision by mid-2026 and first oil production by late 2027. Ownership of the Petrojarl I FPSO and strategic alliances underpin a fast-tracked development with forecast production of up to 30,000 barrels per day.

Estrella Resources has completed a Category B market appraisal at its Ira Miri manganese project, confirming a 27,371 tonne stockpile including nearly 5,000 tonnes of high-grade manganese. Exploration upside remains significant with open mineralisation and upcoming geophysical surveys.

Finder Energy has completed the first tranche of its $33 million capital raise, issuing 42 million shares at 50 cents each to institutional and professional investors. The company will seek shareholder approval in June for a second tranche involving 12 million more shares.

Finder Energy has launched a $3 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at $0.50 each, a 15% discount to recent prices. The funds will accelerate engineering and procurement for the KTJ oil project.

Finder Energy has secured A$27 million via a two-tranche placement plus a A$3 million share purchase plan to fast-track its KTJ oil project in Timor-Leste, aiming for final investment decision by mid-2026 and first oil by late 2027.

Estrella Resources has initiated Timor-Leste’s inaugural hard rock mineral extraction at its Ira Miri manganese project, advancing towards full-scale mining and simultaneously progressing a major limestone resource at Werumata.

Tivan Limited has added Major Michael Stone (Retd) to its Technical Advisory Group, leveraging his 25 years of Timor-Leste expertise to boost local engagement and strategic guidance for its copper-gold projects. This move bolsters Tivan’s in-country capabilities as it advances its Turiscai, Baucau, and Ossu exploration portfolio.

Tivan Limited has delivered a pivotal feasibility study for its Speewah Fluorite Project, secured tranche funding totalling $16.3 million, and gained recognition from Japan and US governments as a key fluorite supplier. Concurrently, it expanded its portfolio with acquisitions and high-grade discoveries across tungsten and copper-gold projects.

Tivan Limited has reported significant high-grade copper, gold, and cobalt assay results from surface sampling at its Baucau and Ossu Projects in Timor-Leste, reinforcing the projects’ exploration potential and setting the stage for expanded field activities.

Finder Energy has achieved a pivotal regulatory milestone with approval of the Development Area for its Kuda Tasi and Jahal oil fields, setting the stage for project sanction and a scalable production hub in Timor-Leste.

Estrella Resources has completed its 2025 drilling program at the Werumata Limestone Project in Timor-Leste, reporting broad, high-grade limestone and chalk intersections that pave the way for a maiden JORC resource estimate.