Latest Resource Development News

Altair Minerals has formally opposed BHP’s plans to use its Olympic Domain Project area for infrastructure, leading to a court-ordered mediation ahead of a December hearing.

Enegex Limited has completed its acquisition of Famien Resources, adding a substantial gold exploration portfolio in Côte D’Ivoire, alongside a $5 million capital raise to support its growth ambitions.

Tartana Minerals has inked a non-binding Letter of Intent with Alt Resources for up to $5 million in non-dilutive financing, structured to align repayments with copper production and prices. This deal aims to optimize existing operations and fund expansion through the Mungana processing plant.

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.

Middle Island Resources has reported strong channel sampling results from the historic Bobija Mine in Serbia, confirming significant gold, silver, copper, lead, and zinc mineralisation. The company has completed its Phase 1 drilling program, with assay results expected soon.

Strickland Metals has reported its largest-ever mineralised intercept at the Gradina Deposit in Serbia, with over 700 metres of continuous gold and zinc mineralisation. This breakthrough supports confidence in expanding the Rogozna Project’s resource ahead of a maiden estimate due late 2025.

Charger Metals has launched a fresh reverse circulation drilling campaign at its Lake Johnston project, targeting overlooked gold and lithium zones with backing from Rio Tinto Exploration. Historic gold intercepts at the Richard Gold Prospect are now being revisited after a decade-long hiatus.

African Gold Limited has exercised its option to acquire an 80% interest in Kouroufaba Gold Limited, significantly expanding its exploration portfolio across 1,428 square kilometres in Côte d’Ivoire’s Birimian greenstone belts.

Tolu Minerals has appointed Dr Chris Muller as Managing Director and CEO, signaling a strategic push towards ramped-up exploration and resource development in Papua New Guinea.

Dart Mining’s first drill hole at Great Divide Mining’s Coonambula project reveals impressive high-grade antimony and gold assays, validating the joint venture’s exploration strategy and promising further resource development.

Flagship Minerals has achieved a critical milestone with the approval of the ENAPAC Ruta Este desalination pipeline, securing a sustainable water supply for its Pantanillo Gold Project in Chile’s Maricunga Gold Belt. This development significantly reduces a major operational risk as the company advances its resource upgrade and project studies.

Aureka Limited has sold its interest in the Tandarra Joint Venture for $1.3 million, settling related court disputes and redirecting funds to advance drilling at its promising Irvine Gold Project.