🕒 Tuesday 12 August 2025 Tue, 12 Aug 2025

Olympio Metals has confirmed significant near-surface gold mineralisation at its Amadee Prospect in Quebec, extending a broad mineralised zone linked to the nearby high-grade Paquin Prospect. The results highlight potential for open-pit mining in a world-class gold district.

Peak Minerals confirms a vast, high-grade rutile system at its Minta Rutile Project in Cameroon, with every drill hole intersecting heavy minerals and plans underway for a maiden resource estimate.

Tryptamine Therapeutics has locked in $2.6 million in non-dilutive funding to fast-track clinical trials of its lead psilocin-based therapy, TRP-8803, targeting binge eating disorder and other conditions.

Loyal Metals has partnered with VRIFY to deploy AI-driven technology at its Highway Reward Copper-Gold Mine, aiming to accelerate drilling and uncover hidden mineralisation with unprecedented speed and precision.

Carnegie Clean Energy launches a $3 million Share Purchase Plan at a 20% discount to fund its pioneering 6 MW CETO wave energy project in Spain and expand its global footprint.

oOh!media has appointed James Taylor, current SBS Managing Director, as its new CEO, set to take the helm in early 2026. This leadership change signals a strategic push for growth in Australia's fast-evolving out-of-home media sector.

Iondrive Limited has won a $3.9 million government grant to advance its innovative urban mining technology, accelerating the construction of a pilot plant focused on critical minerals recovery from lithium-ion batteries.

Taiton Resources reports its highest gold soil assay to date at Challenger West and confirms promising IOCG and rare earth element signatures at the Highway project, setting the stage for imminent drilling campaigns.

Platinum Asia Investments has released detailed examples illustrating how its upcoming special dividend and share-for-unit exchange will be calculated as part of a major restructure scheduled for late August.

AJ Lucas Group’s UK arm Cuadrilla Resources has settled a long-standing dispute over shale gas licences, receiving £12.5 million and terminating the carry agreement. This resolution clears a financial uncertainty clouding the company’s UK operations.

Audeara Limited has secured a five-year licensing agreement with Eastech (Huizhou) Co., Ltd. to bring its advanced hearing technology to China’s booming medical device market, leveraging major e-commerce platforms for distribution.

James Bay Minerals has reported significant high-grade gold and silver mineralisation extensions at its Independence Project in Nevada, challenging previous resource boundaries and prompting a strategic shift in exploration focus.

Coronado Global Resources reported breakeven EBITDA in Q2 2025 despite a 24% drop in coal prices, driven by significant cost reductions and ramping up of expansion projects. The company forecasts stronger profitability and cash flow in the second half, supported by improved production and liquidity.

Sun Silver Limited’s latest re-assays from its Nevada Maverick Springs Project reveal extensive antimony mineralisation, reinforcing the potential for a maiden resource estimate and highlighting the project’s strategic importance in critical minerals.

Coronado Global Resources reported a $172.4 million net loss for the half-year ended June 30, 2025, driven by falling metallurgical coal prices and reduced sales volumes. The company initiated liquidity measures including a $75 million coal prepayment and debt refinancing, but credit rating downgrades have cast doubt on its going concern status.

Askari Metals has confirmed the legal validity of its Nejo Gold and Copper Project licences in Ethiopia, paving the way for a comprehensive exploration campaign in a highly prospective mineral region.

Tali Resources has commenced drilling across multiple high-priority prospects in the West Arunta, leveraging its dominant land position and a strong cash balance to explore for Tier-1 copper and critical metal deposits.

Northern Star Resources has completed its due diligence on Mantle Minerals’ Mt Roe subsidiary acquisition, paving the way for settlement within days.

VEEM Limited has renewed a six-year, $65 million contract to supply critical components for Australia's Collins Class submarines, reinforcing its long-standing defence partnership and projecting stronger financial performance in FY26.

Hazer Group has filed patents for a breakthrough graphite purification process that could unlock access to the lucrative battery materials market amid tightening global supply. This innovation positions Hazer to meet surging demand for high-purity graphite essential for lithium-ion batteries.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Helix Resources Ltd has initiated a $1.68 million renounceable entitlement offer at a significant discount to fund drilling and resource estimation at its White Hills and Gold Basin projects.

Antares Metals has reported impressive rock chip assay results from its Conglomerate Creek prospect, revealing significant copper, gold, and silver mineralization that could signal a major discovery in Queensland’s Mt Isa region.

Summit Minerals reports promising initial soil sampling results from its Equador Project in Brazil, confirming a significant 4km+ geochemical anomaly and discovering a new niobium-tantalum bearing pegmatite outcrop. Further assays and metallurgical testing are underway to refine exploration targets.