Latest Resources News

Infini Resources Limited has announced a $3.4 million capital raise through a flow-through share offer aimed at advancing exploration at its Portland Creek Uranium Project in Canada. The prospectus highlights significant risks but underscores the company's strategic focus on critical minerals.

Alliance Aviation Services reported an 11.3% revenue increase to $333 million and a 9.9% rise in net profit to $28.9 million for H1 FY2025, navigating challenges from industrial action and contract reductions.

ADX Energy has strategically optimised its Upper Austria licences, significantly expanding its shallow gas prospects and securing high-impact oil and gas targets, positioning itself for rapid production growth amid rising European gas prices.

LCL Resources has cleared major hurdles in its sale of Colombian gold assets to Tiger Gold Corp, with shareholder approval the final step before a $1 million payment is triggered.

Astute Metals NL has announced a significant JORC-compliant Exploration Target for its Red Mountain Lithium Project in Nevada, highlighting substantial lithium potential and outlining aggressive drilling plans for 2025.

Vanadium Resources Limited (ASX: VR8) has been reinstated to trading following a suspension linked to new funding arrangements, signaling renewed operational momentum.

Vanadium Resources Limited has raised A$783,000 through a convertible note issue to fund working capital and progress strategic equity partnerships for its Steelpoortdrift Vanadium Project.

Adelong Gold Limited has secured an additional $400,000 through a placement, increasing total funds raised to $1.573 million. This capital injection aims to fast-track exploration and development at its flagship gold project and lithium assets in Brazil.

Caprice Resources responds to ASX price query by releasing validated exploration results from its Island Gold Project, following a trading halt triggered by unusual market activity.

Caprice Resources reports outstanding Phase 1 drilling results at its Island Gold Project, revealing thick, high-grade gold intersections that signal a promising maiden resource. The company has already commenced Phase 2 drilling to further unlock the project's potential.

Avenira Limited has ended its licensing agreement with Aleees, freeing the company to focus on a phased development of its Wonarah Phosphate Project aimed at early revenue generation in late 2025.

OD6 Metals has raised A$1.17 million through a targeted share placement to fund high-impact exploration at the historic Gulf Creek Copper Project, with drilling set to begin imminently.