Latest Western Australia News

Nex Metals Explorations has repriced and partially completed its capital raise, securing $1.06 million at a reduced share price to fund development and exploration activities.

Matrix Composites & Engineering has landed a new A$7 million contract to supply a deepwater drilling riser buoyancy system to Stena Drilling, reinforcing its leadership in the subsea buoyancy market amid a recovering drilling sector.

Saturn Metals made significant progress on its Apollo Hill Gold Project during the December 2024 quarter, reporting strong drilling results and advancing its Pre-Feasibility Study despite a tragic on-site fatality. The company ended the quarter with a solid cash position of $9.5 million.

McLaren Minerals has successfully raised $1.5 million through a shortfall placement, bolstering its efforts to advance the Pre-Feasibility Study for its McLaren Mineral Sands Project in Western Australia.

Element 25 has obtained key regulatory approval from WA's DEMIRS for its Butcherbird Expansion Project, paving the way for a twelve-year production run at 1.1 million tonnes per annum of manganese concentrate. The final hurdle remains the Works Approval, expected imminently.

Raiden Resources has reported promising high-grade lithium mineralisation in its maiden drilling at Andover South, while identifying a potentially larger, untested Southern Corridor target for future exploration.

Orbminco Limited has agreed to divest an 80% stake in its Mt Venn Project to Sarama Resources, receiving equity and cash as it refocuses on its Mongolian assets.