Latest Options News

Juno Minerals has agreed to sell its Mount Mason DSO Hematite Project for A$6 million cash plus a 2% royalty, while maintaining focus on its flagship Mount Ida Magnetite Project. The transaction strengthens Juno’s cash position and sets the stage for renewed development efforts.

Battery Age Minerals has initiated its maiden drilling campaign at the Bleiberg Zinc-Germanium Project following regulatory approval, while advancing exploration at El Aguila with a $3 million capital raise backing its growth.

Percheron Therapeutics has licensed HMBD-002, a promising immuno-oncology candidate, completed FDA IND transfer, and plans to launch phase II trials in 2026. The company also reported a solid cash position and issued loyalty options to shareholders.

Nex Metals Explorations has moved closer to finalising a joint project agreement for its Kookynie Tailings Project while navigating leadership changes and securing fresh capital to fund growth.

Yugo Metals Limited progresses its Petrovo exploration project amid promising historical drill results, completing a $0.4 million placement and announcing key board changes.

Beach Energy reported a 9% rise in FY25 production to 19.7 million barrels of oil equivalent and a 13% increase in sales revenue to $2 billion, driven by strong basin performances and the Waitsia LNG project. However, a significant $674 million impairment charge due to lower commodity prices and reserves revision at Beharra Springs tempers the upbeat results.

QX Resources reported steady progress in its Queensland gold projects and secured a strategic farm-out for its Pilbara iron ore rights, while stepping back from US lithium ventures amid market softness.

Pancontinental Energy has upgraded its Saturn Complex prospective oil resources to 4 billion barrels net, supported by new basin modelling and seismic studies. The company is advancing environmental assessments and farmout discussions amid encouraging regional exploration activity.

GreenTech Metals has revealed substantial gold mineralisation at its Whundo Copper-Gold-Zinc project, boosting the project's economic outlook. The company also defined a large-scale exploration target and initiated a conceptual mine study to explore near-term production options.

Somerset Minerals has completed its acquisition of the Coppermine Project in Nunavut, Canada, becoming the region's largest landholder and confirming significant high-grade copper mineralisation through initial exploration.

CuFe Ltd advances its Tennant Creek copper-gold project with a robust Orlando open pit scoping study and promising high-grade iron ore assays from Camp Creek, while exploring funding options to support ongoing development.

PVW Resources reports exceptional near-surface rare earth grades and strong metallurgical recoveries at its Capão Bonito project in Brazil, advancing its rare earth portfolio and refining its strategic focus.