Latest Energy News

Prospech Limited has announced a 2-for-7 renounceable rights issue to raise up to $1.6 million, featuring attaching options exercisable at 4 cents. Directors are backing the raise, which will fund rare earth metallurgical work and exploration in Finland and Slovakia.

Dateline Resources has secured $25 million in an institutional placement to accelerate exploration and development at its Colosseum Gold-REE Project in California, backed by strong U.S. government support and promising new targets.

Tamboran Resources Corporation advances its Beetaloo Basin gas project with record well flow rates and strategic partnerships, targeting initial production by mid-2026. The company is also progressing a farmout for Phase 2 acreage amid rising East Coast gas demand.

Tamboran Resources has secured a pioneering approval from the Northern Territory Government to sell appraisal gas from its Beetaloo Basin exploration permits, marking a significant step toward local energy supply and revenue generation.

Diablo Resources has extended its Phoenix Copper Project claims in Utah, targeting high-grade copper mineralisation along a key fault zone, as the US moves to classify copper as a critical mineral. The company’s maiden drilling program is underway with results expected soon.

Hartshead Resources has struck a pivotal Well Carry Agreement with RockRose Energy, securing full funding for its Phase C drilling costs while trimming its joint venture stake. The move also triggers a licence extension application amid UK regulatory delays.

Piedmont Lithium has completed its merger with Sayona Mining, creating Elevra Lithium, a major new player in hard-rock lithium supply for electric vehicles and energy storage.

Iron Road Ltd has agreed revised terms with Revera Energy to extend and adjust land purchase options critical to the Cape Hardy green hydrogen project in South Australia.

Greenvale Energy has initiated its first-ever ground exploration program at the Henbury Uranium Project in the Northern Territory, targeting 21 promising uranium anomalies identified through advanced geophysical analysis.

Buru Energy has successfully raised $2.1 million through a share placement and launched a $3 million Share Purchase Plan to advance its Rafael Gas Project, targeting a Final Investment Decision by late 2026 and first cash flow by early 2028.

Evolution Energy Minerals Limited’s EV1O securities have been suspended from ASX quotation due to non-compliance with a key listing rule, raising questions about the company’s regulatory standing.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.