🕒 Thursday 31 July 2025 Thu, 31 July 2025

Marmota Limited reports a breakthrough titanium discovery at Muckanippie alongside exceptional gold recoveries from metallurgical tests at its flagship Aurora Tank deposit, while advancing drilling at Greenewood.

MAC Copper Limited shareholders will vote on a court-sanctioned scheme of arrangement proposing Harmony Gold’s acquisition at a 32% premium. The transaction, valued at over $1 billion, requires shareholder and regulatory approvals before completion.

Finder Energy has fast-tracked its Kuda Tasi and Jahal (KTJ) oil field development in Timor-Leste through a strategic alliance with SLB, advancing key engineering design by 12 months and targeting a final investment decision in 2026. The company also strengthened its financial position with a $6 million placement, supporting ongoing exploration and development activities across its diverse portfolio.

Askari Metals has launched a comprehensive regional exploration program at its Nejo Gold and Copper Project in Ethiopia, targeting high-grade gold and copper mineralisation with drilling planned for late 2025.

Piche Resources has revealed compelling high-grade gold and silver results from surface sampling at its Cerro Chacon project in Argentina, highlighting significant exploration upside ahead of drilling.

Alicanto Minerals is actively assessing new copper, gold, and silver projects while preparing for a key summer field program in Sweden, supported by a solid cash position of $2.64 million.

Pancontinental Energy has upgraded its Saturn Complex prospective oil resources to 4 billion barrels net, supported by new basin modelling and seismic studies. The company is advancing environmental assessments and farmout discussions amid encouraging regional exploration activity.

Basin Energy advances exploration with high-grade uranium and polymetallic mineralisation in North Sweden and expands its footprint in Canada’s Athabasca Basin. New assays and strategic partnerships set the stage for next-phase growth.

Omni Bridgeway Limited has reported record investment proceeds of A$555.5 million for FY25, underpinned by robust completions and a growing pipeline. Positive regulatory shifts in key markets further bolster the company’s outlook.

HyTerra Ltd reports breakthrough drilling results with hydrogen concentrations up to 96% and helium up to 5% at its Nemaha Project in Kansas, prompting a strategic expansion of its exploration program.

Deterra Royalties reported a robust 44% jump in quarterly revenue to $89.1 million, driven by record iron ore royalties and advancing lithium project construction. The company’s diversified portfolio and strategic investments position it well for long-term growth.

Latitude 66 Limited has agreed to sell its 17.5% interest in the Greater Duchess Copper Gold Joint Venture to Carnaby Resources for A$6 million, combining cash and shares. This strategic move frees up capital for Lat66 to focus on its exploration projects in Western Australia and Finland.

Wildcat Resources reports robust final metallurgical assay results from its Tabba Tabba project, revealing significant lithium mineralisation that could enhance project economics and resource confidence.

BauMart Holdings reports progress in AI-enhanced international recruitment, sustainable building materials development, and expansion into off-grid energy solutions, alongside a partial rights issue raising $180,000.

GreenTech Metals has revealed substantial gold mineralisation at its Whundo Copper-Gold-Zinc project, boosting the project's economic outlook. The company also defined a large-scale exploration target and initiated a conceptual mine study to explore near-term production options.

Genmin Limited’s latest quarterly cash flow report reveals significant cash outflows and a critical liquidity shortfall, prompting urgent funding measures including new loans and convertible notes.

Somerset Minerals has completed its acquisition of the Coppermine Project in Nunavut, Canada, becoming the region's largest landholder and confirming significant high-grade copper mineralisation through initial exploration.

Horizon Minerals reported a solid cash position of A$15.7 million at the end of June 2025, supported by a US$5 million convertible loan facility, providing a runway of approximately 6.5 quarters at current spending levels.

Horizon Minerals reported steady gold output from Boorara and Phillips Find projects, generating nearly A$39 million in revenue for the June quarter, while progressing a major plant conversion study and securing $30 million in new funding.

CuFe Ltd advances its Tennant Creek copper-gold project with a robust Orlando open pit scoping study and promising high-grade iron ore assays from Camp Creek, while exploring funding options to support ongoing development.

RTG Mining has locked in a binding finance and offtake agreement with Glencore to kickstart Stage 1 of its high-grade Mabilo Copper and Gold Project in the Philippines, while advancing exploration at its Chanach project in Kyrgyzstan and progressing redevelopment talks for Panguna in Bougainville.

Metal Hawk’s initial drilling at the Leinster South Project reveals promising high-grade gold mineralisation in quartz veins at the Thylacine prospect, setting the stage for an extensive exploration campaign.

First Graphene Limited reports over A$1.2 million in annual income, driven by new commercial orders and breakthrough graphene applications in mining safety boots and cement additives.

Bio-Gene Technology Limited has secured $2.45 million to fund critical safety studies and scale-up production of its novel insecticides Flavocide and Qcide, positioning the company for upcoming regulatory approvals and commercial partnerships.