🕒 Wednesday 30 April 2025 Wed, 30 Apr 2025

Brookside Energy reported a 50% increase in Proved Developed Producing reserves and steady production in Q1 2025, while progressing preparations for a US listing on the NYSE.

BauMart Holdings Limited has announced a rights issue to raise approximately $482,000 by offering new shares at a steep discount, aiming to accelerate equipment delivery, fund R&D, and support international recruitment.

Hammer Metals Limited reported significant progress in its March 2025 quarter, highlighting promising drilling results at Lady Jenny and Mount Mascotte, alongside ongoing joint venture activities and a solid financial position.

BauMart Holdings has unveiled a multi-pronged strategy to tackle construction labour shortages, advance green building materials, and expand mining equipment services, supported by a $482,000 rights issue.

Golden Deeps Ltd reports significant high-grade critical metals discoveries at its Nosib prospect in Namibia and secures an 80% stake in the Central Otavi Critical Metals Project, boosting its strategic position in the critical metals sector.

APC Minerals has completed a significant 2,628m drilling program at its Laverton Downs Gold Project and successfully raised $1.93 million through a fully underwritten entitlement offer, while streamlining its Lake Wells tenure to reduce holding costs.

Industrial Minerals Ltd has reported promising progress in its high purity quartz beneficiation and ore-sorting trials at the Pippingarra Pegmatite Project, with growing interest from Asian markets and potential new co-products enhancing project economics.

Control Bionics reports its strongest US revenue in years alongside Australia’s best quarter since 2022, propelled by new product launches and strategic investments.

St Barbara Limited confirms a robust Simberi Expansion Project with a 13-year life of mine plan delivering 2.2 million ounces of gold and annual production exceeding 220,000 ounces from FY28. The project’s strong economics and infrastructure upgrades position it as a significant growth driver amid regulatory uncertainties.

St Barbara Limited reports a strong quarter with Simberi gold production up 37% and a robust US$235 million expansion plan, while navigating a critical tax assessment review in Papua New Guinea.

Red Hill Minerals delivered $3.35 million in royalty revenue from the Onslow Iron Project for the March quarter, declared a fully franked dividend, and progressed exploration across key gold, base metals, and iron ore projects.

FMR Resources has completed its inaugural drilling program at the Demoiselle Prospect within the Fairfield Copper Project, with assay results expected shortly. The company also expanded its portfolio by staking the high-grade Goshen Copper Project, positioning itself for a robust exploration campaign in 2025.

Sun Silver Limited has announced a substantial upgrade to its Maverick Springs Project resource, now totalling nearly 480 million ounces silver equivalent, alongside key leadership appointments and the launch of its 2025 drilling campaign.

Australian Critical Minerals reports significant high-grade iron ore discoveries at its Pilbara Shaw and Cooletha projects, while strategically withdrawing from rare earths to concentrate on iron assets.

Hot Chili Limited has achieved priority project registration for its Costa Fuego and Huasco Water copper-gold developments in Chile, unlocking streamlined government approvals and reinforcing its strategic growth trajectory.

Predictive Discovery Limited has reported robust drilling results at its Bankan Gold Project in Guinea, alongside key environmental approvals and a strategic A$69 million capital raise, positioning the company for accelerated development.

Finder Energy reports 95% completion of its Ikan 3D seismic reprocessing project, underpinning strong production forecasts and active funding efforts for the Kuda Tasi and Jahal oil fields in Timor-Leste.

Lord Resources has identified compelling new copper sulphide targets at its Ilgarari Copper Project through a detailed gravity survey and has formally commenced an earn-in agreement to acquire up to 80% interest in the project’s sulphide rights.

MinRex Resources reports promising gold and silver assay results from its Sunny Corner Project in NSW and secures a strategic farm-in option over the Fraser Range Copper-Gold Project in WA, underpinning its growth ambitions.

Titanium Sands Limited has secured the Terms of Reference for the Environmental Impact Assessment of its Mannar Heavy Mineral Project, marking a pivotal regulatory milestone. The company is also progressing tenure retention applications amid plans for further capital raising.

Desert Metals Limited has advanced its gold exploration in Côte d'Ivoire with extensive drilling programs at Tengrela South and Adzope, supported by a recent $3.25 million placement to fund ongoing activities.

Iceni Gold Limited reports promising gold mineralisation from its maiden RC drilling at the Guyer Trend, supported by ongoing diamond drilling and geophysical surveys under a $35 million farm-in with Gold Road Resources.

Latitude 66 Limited’s March 2025 quarterly report highlights a compelling Scoping Study for its flagship KSB Gold-Cobalt Project in Finland, confirming strong economics and promising expansion potential. Concurrently, exploration advances at KSB North and Edjudina, alongside strategic corporate developments.

Patronus Resources has upgraded its Mertondale gold Mineral Resource Estimate to 480,000 ounces and is progressing a Scoping Study, while also identifying strong VMS potential at its Cardinia Project and expanding strategic investments.