Latest Resources News

ARC Funds Limited has acquired a controlling interest in The Term Deposit Shop, bolstering its position in the online cash investment space while raising $600,000 in equity and $800,000 in debt financing.

Vertex Minerals has raised approximately A$11 million to accelerate underground mining at its high-grade Hill End Gold Project, targeting production by July 2025. The capital raising includes a share placement, convertible loan, and a Share Purchase Plan, positioning the company for strong margins amid a robust gold price environment.

Marvel Gold Limited is deepening its foothold in Tanzania’s underexplored greenstone belt while streamlining its portfolio through Mali asset divestments, setting the stage for a busy 2025 exploration calendar.

Noronex Limited has appointed seasoned mining executive Victor Rajasooriar as Managing Director and CEO to spearhead growth in its Kalahari Copper Belt portfolio. This leadership change comes alongside a strategic share subscription and the retirement of a founding director.

Horseshoe Metals has extended the gold surface materials processing option at Horseshoe Lights to mid-2025, while advancing copper Direct Shipping Ore activities and negotiating key offtake deals.

Alligator Energy appoints Andrea Marsland-Smith as CEO, marking a strategic leadership shift to accelerate its transition from uranium exploration to production at the Samphire project.

Power Minerals Limited has initiated a 2,000-metre drilling program at its Santa Anna niobium and rare earth elements project in Brazil, aiming to confirm and expand on promising earlier results as part of its due diligence for acquisition.

Firebird Metals has demonstrated a breakthrough in energy efficiency with its rotary kiln technology, cutting energy consumption by more than half during manganese ore processing trials for Kazakhstan’s Taza Metal Technologies.

Manhattan Corporation has secured a binding agreement to acquire the Hook Lake Project in Nunavut, Canada, featuring a high-grade gold deposit and polymetallic prospects. The company aims to validate historical estimates and advance exploration with a seasoned team onboard.

Waratah Minerals has raised $8.4 million through a share placement to accelerate drilling at its Spur Gold-Copper Project, targeting promising gold and copper mineralisation in the Lachlan Fold Belt.

Emperor Energy's Environmental Plan for the Judith-2 Well has passed NOPSEMA's completeness check and is now open for public comment, marking a key regulatory milestone on the path to drilling in mid-2026.

Core Lithium has terminated its legacy spodumene offtake agreement with Yahua through a $2 million cash settlement, unlocking strategic flexibility for its Finniss Lithium Operation restart plans.