Latest Energy News

Omega Oil and Gas has secured a significant 19.43% equity interest in Elixir Energy, broadening its footprint in Queensland’s Taroom Trough and positioning itself for near-term exploration catalysts.

Elixir Energy secures a $16.6 million capital raise led by Omega Oil and Gas, unlocking Phase-2 of its strategic plan to advance appraisal and production testing in Queensland’s Taroom Trough.

Elixir Energy secures $16.6 million in a capital raise led by Omega Oil and Gas, unlocking Phase-2 of its strategic plan to define reserves in Queensland’s Taroom Trough. This funding accelerates appraisal drilling and production testing, positioning Elixir for a pivotal year ahead.

ABx Group has successfully raised over $6 million through a share placement to fund rapid development of its Deep Leads rare earth project and ALCORE pilot plant in Tasmania.

Adelong Gold Limited refutes claims by Great Divide Mining of a binding agreement to resolve their Challenger Mines joint venture dispute, leaving the matter unsettled and market watchers cautious.

Fulcrum Lithium reports encouraging initial metallurgical results from its Alkali Flats project in Nevada, showing up to 91% lithium recovery at moderate conditions, setting the stage for further exploration and resource definition.

Astron Limited has sold a significant portion of its Energy Fuels shares, generating A$15.2 million to bolster financial flexibility as it advances the pivotal Donald Project towards production.

Bougainville Copper Limited reveals complications in its Panguna Project partnership efforts following the Autonomous Bougainville Government's unexpected MOU with Lloyds Metals and Energy Limited.

Lithium Universe advances its U.S. solar panel recycling strategy following silver’s historic classification as a Critical Metal, positioning itself to tap into soaring demand and a growing PV waste stream.

Greenvale Energy has completed a significant trenching program at its Oasis Uranium Project, revealing promising new extensional opportunities and a potential second mineralised structure. Assay results are pending, setting the stage for expanded exploration.

Lynas Rare Earths faces significant power disruptions at its Kalgoorlie processing plant, causing notable production delays that ripple through its Malaysian operations. The company is urgently seeking solutions to restore output within the financial year.

Prospect Resources has completed the sale of its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift towards its larger copper venture in Zambia.