Latest Resources News

Emmerson Resources has formed a strategic alliance with CuFe and Tennant Minerals to explore a multi-user processing facility at Tennant Creek, while advancing a 5,000m drilling program and securing funding to support growth through 2026.

Buru Energy is progressing steadily on its Rafael Project, aiming for commercial agreements in early 2025 and production by late 2027, while implementing significant cost reductions to sharpen its financial position.

Pantera Lithium has completed a detailed 3D geological model confirming the potential of its Arkansas lithium brine project and raised over $2 million to fund exploration despite initial drilling setbacks.

BKI Investment Company Limited posted a decline in net profit and earnings per share for the half-year ending December 31, 2024, yet declared a higher fully franked interim dividend, signaling confidence amid economic headwinds.

Energy Transition Minerals Ltd has successfully raised A$9.35 million through a strategic share placement, bolstering its financial position to advance the Kvanefjeld Rare Earths Project in Greenland and attracting new international institutional investors.

Fulcrum Lithium Ltd has successfully completed its IPO, raising $9.7 million, and commenced drilling at its Alkali Flats lithium project in Nevada, marking a significant step in its exploration journey.

Noronex Limited reports robust copper-silver assay results from its Fiesta Project drilling in Namibia, revealing extensive mineralisation over 4.5 kilometres and promising new step-out intercepts. The company advances towards a potentially transformative copper discovery in the Kalahari Copper Belt.

Stavely Minerals is progressing exploration at its Western Victoria copper-gold project, initiating a ground IP survey at the S41 gold prospect and confirming high-grade copper-silver mineralisation at the Junction discovery through recent drilling.

Carnarvon Energy and its partners have deferred key milestones in the Dorado Phase 1 liquids development, pushing back the Final Investment Decision and FPSO purchase. Despite the delay, the Joint Venture remains confident and plans further exploration drilling in 2026.

Delta Lithium reports strong drilling results and successful metallurgical test work at its Yinnetharra Lithium Project, underpinning confidence in resource expansion and future development plans.

Ballymore Resources is preparing to launch a 2,000m Stage 5 diamond drilling program at its Dittmer Gold Project in February 2025, aiming to extend known gold mineralisation and explore a deep porphyry target. This follows a string of successful drill results that have yet to be fully quantified in a Mineral Resource estimate.

Wellnex Life has negotiated a delayed and reduced-cost payment arrangement for its Pain Away acquisition, aligning with its upcoming London Stock Exchange dual listing plans. The move supports the company’s growth momentum following record revenues from Pain Away.