Latest Resources News

Omega Oil and Gas has secured a significant 19.43% equity interest in Elixir Energy, strengthening its foothold in Queensland’s Taroom Trough ahead of key drilling activities in 2026.

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.

Warriedar Resources has officially been acquired by Capricorn Metals through a court-approved scheme, with shareholders exchanging their holdings for Capricorn shares and options. The takeover culminates in Warriedar’s imminent delisting from the ASX.

Warriedar Resources has completed its acquisition by Capricorn Metals through a court-approved scheme, with shareholders exchanging their shares for Capricorn stock. The takeover triggers Warriedar’s removal from the ASX next week.

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.

New Frontier Minerals has raised $2.25 million to fast-track development of its Harts Range rare earths project, leveraging a promising new processing technology from Metallium Ltd. The capital injection supports an imminent drilling campaign and advances a mining lease application in Queensland.

Aguia Resources has appointed Tim Hosking as its new CEO, signaling a strategic push towards phosphate production in Brazil set for early 2026, while addressing operational challenges at its Colombian gold project.

Legacy Minerals reports significant progress across its exploration portfolio, with Earth AI completing a major earn-in at Fontenoy and Rio Tinto gearing up for a deep geophysical survey at Thomson. Ongoing drilling and partner commitments highlight the company’s potential for new discoveries.

Renascor Resources has hit key construction milestones at its Australian Government co-funded Purified Spherical Graphite (PSG) demonstration facility, maintaining schedule for on-site commissioning this quarter. The project aims to establish a competitive, HF-free PSG supply chain outside China.

Trigg Minerals has revealed a significant northern extension of high-grade antimony mineralisation at its Antimony Canyon Project in Utah, confirming bonanza-grade continuity and validating its exploration model.

Mount Ridley Mines has identified seven new high-priority rare earth and gallium target zones forming a 33km untested corridor near existing resources in Western Australia, setting the stage for significant exploration expansion.