Latest Western Australia News

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.

Northern Minerals has raised $60.5 million through a placement to institutional investors, aiming to fast-track its Browns Range heavy rare earths project and repay existing debt.

Mount Ridley Mines has appointed Allister Caird as CEO, bringing critical minerals expertise to accelerate its rare earth and gallium projects in Western Australia and expand US partnerships.

Terra Metals has confirmed a major new style of mineralisation at its Dante Project, discovering thick titanium–vanadium–copper-cobalt sulfide reefs at the Southwest Prospect. Early drilling assays reveal promising grades and significant cobalt content, hinting at substantial resource expansion potential.

Oceana Lithium has appointed seasoned executives Michael Wilson and Sam Brooks to its leadership team, signaling a strategic pivot towards gold, silver, and copper exploration and acquisitions. A proposed name change to Oceana Metals Limited underscores this new direction.

Western Yilgarn NL has significantly expanded its exploration footprint at the Ida Holmes Junction Project to target high-grade gallium mineralisation and secured critical land access for drilling at its West Julimar Bauxite Project in Western Australia.

De.mem Limited has completed its $3 million acquisition of Core Chemicals, a specialty chemical supplier to Western Australia's gold mining sector, significantly expanding its market footprint and boosting pro-forma EBITDA to $1.6 million.

Panther Metals Ltd has announced a non-renounceable rights issue to raise $817,000, primarily to fund exploration at its Laverton Gold Project and other assets. The move reflects strong board confidence with key directors fully participating.

Medallion Metals has advanced its Ravensthorpe Gold Project to the final stage of environmental assessment under the EPBC Act, with a decision expected by December 2025. This milestone is crucial for progressing its sulphide production strategy alongside ongoing state permits and a proposed acquisition.

TechGen Metals has significantly expanded its Western Australian gold footprint with three new exploration licences adjoining Ramelius Resources’ prolific Dalgaranga Gold Project, positioning itself as a key player in a proven gold corridor.

Forrestania Resources has extended its option to acquire the Hyden Project, including the Lady Ada and Lady Magdalene gold deposits, with new monthly extension terms that impact its acquisition timeline and costs.

New Murchison Gold Limited has successfully completed the production ramp-up at its Crown Prince Gold Mine, exceeding operational expectations and setting a strong foundation for November output.