Latest Energy News

Lakes Blue Energy reports strong gas shows and excellent reservoir quality from its Wombat-5 appraisal well in Victoria’s Gippsland Basin, setting the stage for imminent production testing and potential field development.

Xstate Resources reports steady progress on its Diona-1 well in Queensland, confirming its majority ownership of ATP 2077 and targeting multiple proven gas reservoirs with promising potential.

Magnum Mining & Exploration reports exceptional rare earth element recoveries from early leach tests at its Palmares REE Project in Brazil, highlighting strong potential for high-value magnet materials and a tier-one discovery.

NexGen Energy has launched a dual equity offering, raising approximately C$400 million in North America and AUD 400 million in Australia to advance its flagship Rook I uranium project and support corporate growth.

Octava Minerals reports impressive bioleaching recoveries of critical minerals from its Byro project, prompting plans to acquire full ownership and expand exploration activities.

American Uranium Limited confirms the start of phase one resource drilling at its Lo Herma uranium project in the U.S. this October, aiming to grow its mineral resource and support a 2026 scoping study update.

Cobalt Blue Holdings has fully repaid its $1 million promissory note to American Rare Earths, unencumbering its flagship Broken Hill Cobalt Project amid a strengthening cobalt market.

Global Uranium and Enrichment Limited reports promising drilling outcomes and regulatory progress at its Pine Ridge Uranium Project in Wyoming, reinforcing its potential amid a strengthening uranium market.

Pantera Lithium has completed the $40 million sale of its Smackover Project to EnergyX, gaining immediate cash and significant equity exposure while setting sights on expanding its U.S. critical minerals portfolio.

Brazilian Critical Minerals Ltd has raised A$6 million through a well-supported placement to fast-track its flagship Ema Rare Earths Project in Brazil, aiming to move closer to commercial production.

Critical Metals Corp has amended its agreement to increase its ownership of the Tanbreez Rare Earths Project in Greenland to 92.5%, issuing 14.5 million shares to the project founder’s company. European Lithium retains a 7.5% stake as the project advances toward production.

Perpetual Resources’ maiden drilling at the Igrejinha Project confirms a fertile polymetallic lithium-caesium-tantalum system with grades surpassing global mining benchmarks. The discovery validates its strategic foothold in Brazil’s Lithium Valley and sets the stage for expanded exploration.