Latest Energy News

Enova Mining has initiated diamond drilling at its East Salinas Project in Brazil, targeting high-grade rare earth element mineralisation with promising surface assays. The program aims to confirm mineral continuity and advance resource definition along a 4 km strike.

Global Uranium and Enrichment Limited has obtained a crucial ASX waiver allowing the cancellation of certain unlisted options without shareholder approval, smoothing the path for Snow Lake Resources’ acquisition scheme.

Core Energy Minerals Ltd has struck a binding deal to acquire the Itambe Rare Earth Project from Rio Tinto, unlocking a district-scale opportunity in Brazil with soil assays revealing rare earth oxide concentrations exceeding 5,000ppm.

IMDEX has announced the acquisition of Advanced Logic Technology (ALT) and Mount Sopris Instruments (MSI), broadening its portfolio in downhole sensing and geoscience software with expected earnings accretion in FY26.

IMDEX Limited is set to acquire Advanced Logic Technology and Mount Sopris Instruments for nearly A$99 million upfront, significantly boosting its earth science sensor and software capabilities. The deal integrates industry-leading technologies and software, promising to accelerate IMDEX’s subsurface intelligence platform and market reach.

DevEx Resources has secured Alligator Energy’s entire uranium tenement package in the Northern Territory’s Alligator Rivers Uranium Province, significantly expanding its Nabarlek Project footprint. This strategic move consolidates key uranium-bearing fault corridors and historical resources, setting the stage for a district-scale exploration push.

Greatland Resources has released a comprehensive feasibility study for its Havieron gold-copper project, outlining a long-life, low-cost operation fully funded through cash reserves and debt facilities. The study highlights robust economics and significant upside potential.

Brazilian Critical Minerals Ltd has confirmed high-grade rare earth element mineralisation at its Ema project in Brazil, with new drilling results extending the resource footprint and reinforcing the project's economic potential.

Alligator Energy has sold its Northern Territory uranium assets to DevEx Resources for $7.5 million, streamlining its portfolio to concentrate on South Australian projects like Samphire. This move injects liquidity and reduces ongoing costs, positioning the company for accelerated development.

Altech Batteries has refreshed its board and launched a strategic reset aimed at accelerating the commercial rollout of its advanced CERENERGY and Silumina Anodes™ battery technologies.

Basin Energy has expanded its Sybella-Barkly rare earth elements and uranium project by securing an additional 183 km² exploration permit, increasing its landholding to 6,140 km². Ongoing drilling targets sediment-hosted and clay-hosted mineralisation with promising early progress.

TPC Consolidated’s proposed acquisition by Wollar Holding Ltd hits a regulatory snag as FIRB approval misses the November 28 sunset deadline, casting uncertainty over the deal’s future.