Latest Resources News

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Triangle Energy’s Becos-1 exploration well in the Perth Basin has been plugged and abandoned after failing to find hydrocarbons in economic quantities, yet the company remains optimistic about future prospects and well-funded for upcoming ventures.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Prospect Resources has declared a maiden JORC-compliant copper resource of 107.2 million tonnes at 0.5% copper at its Mumbezhi Project in Zambia, alongside securing a strategic A$15.2 million investment from First Quantum Minerals. This milestone advances the project towards development with Phase 2 drilling planned for Q2 2025.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Power Minerals Limited has identified significant rare earth element potential at its prospective Santa Anna niobium carbonatite project in Brazil, signing a binding letter of intent to acquire the asset and planning immediate drilling to define an exploration target.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Native Mineral Resources Holdings Limited (NMR) reports promising assay results from resource definition drilling at its Blackjack Gold Project in Queensland, confirming shallow, high-grade gold mineralisation and deeper extensions. The company is advancing refurbishment of its processing plant, targeting gold production in Q3 2025.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Jindalee Lithium’s McDermitt Lithium Project has been designated a FAST-41 Transparency Project, enhancing federal permitting visibility and coordination to accelerate development in the US critical minerals sector.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Blue Star Helium reports robust natural flow rates and peak helium concentrations from its Jackson 29 well at the Galactica project, underscoring the site’s promising helium resource potential.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Southern Hemisphere Mining has identified a significant new copper target, Ferro West, near its existing Ferro deposit at the Llahuin project in Chile, supported by advanced geophysical data and surface copper oxide findings.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Deep Yellow Limited has deferred the Final Investment Decision for its flagship Tumas uranium project due to current uranium prices, while continuing detailed engineering and early works. The company remains confident in the project's robust economics and is progressing financing and development at its Mulga Rock project.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Adavale Resources has identified additional exploration targets at its Parkes Project and remains on track for maiden drilling in Q2 2025, reinforcing its position in the highly prospective Lachlan Fold Belt.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Lindian Resources has reported an unlawful trespass at its Kangankunde Rare Earths Project in Malawi involving unauthorized foreign nationals, highlighting the project's geopolitical sensitivity and the company's commitment to security.
Maxwell Dee
Maxwell Dee
22 Apr 2025