Latest Development Activity News

Desert Metals Limited has completed the first tranche of its capital raising, issuing 64 million shares to raise $416,000, with a shareholder meeting planned to approve a second tranche worth $834,000.

Magnetic Resource NL is refining its Lady Julie Gold Project with updated mine designs and infrastructure work, aiming to reduce costs and boost gold recovery ahead of a final optimization report in early 2026.

Nova Minerals Limited has voluntarily suspended trading of its shares on the ASX pending a capital raising announcement expected on 17 December 2025.

Strickland Metals reports new diamond drilling results confirming extensive shallow copper-gold mineralisation at its Copper Canyon Deposit, reinforcing its strategic role within the Rogozna Project. The company plans a resource update next year amid ongoing drilling and strong funding.

DigiCo Infrastructure REIT has announced a 6.0 cents per security distribution for the half-year ending December 2025, reflecting steady income from its expanding data centre portfolio.

Dreadnought Resources reports an initial inferred resource of 1.17 million tonnes at the Orion deposit within its Tarraji-Yampi project, highlighting significant copper, gold, silver, and cobalt grades in a strategically important region of Western Australia.

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

WIN Metals has raised A$5.5 million through a heavily oversubscribed placement to fund drilling and development at its Radio Gold Mine and Butchers Creek projects, aiming to fast-track gold production.

Heavy Rare Earths Limited has reported significant assay results from its Radium Hill project, revealing high-grade scandium, yttrium, uranium, and rare earth elements along an 8km structural corridor. These findings bolster the company’s geological model and set the stage for accelerated exploration in 2026.

Scentre Group has sold a 25% stake in Westfield Chermside to a Dexus-managed fund for $683 million, maintaining half ownership and management control. This move injects fresh capital aligned with its long-term strategy.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Eagle Mountain Mining is progressing its Oracle Ridge Project partnership with Nittetsu Mining, as due diligence activities intensify in Arizona ahead of a potential joint venture agreement.