Mineral Resources (MinRes) has decided to place its Bald Hill lithium mine in Western Australia under care and maintenance, responding to evolving market dynamics and operational constraints. The Australian mining company announced that the site, known for its significant lithium potential, would halt active operations, citing unfavourable market conditions and strategic repositioning as primary reasons […]
Zenith Minerals Limited, a prominent player in Australia’s mining sector, has received an AUD 85,000 co-funding grant from the Western Australian Government’s Exploration Incentive Scheme (EIS). The grant supports exploration at Zenith’s Waratah Well Lithium Project, located about 20 kilometers northwest of Yalgoo in Western Australia. With the grant covering up to 50% of direct […]
In a bold move to advance gold exploration in Western Australia, Kalgoorlie Gold Mining Limited has launched a high-resolution aeromagnetic survey over the northern parts of the Pinjin Project. This strategic initiative, announced on September 25, 2024, is expected to enhance gold discovery by unlocking the unexplored potential within the Jungle Dam and the surrounding […]
Strata Minerals Limited has officially completed the acquisition of the Penny South Gold Project, marking a pivotal moment for the company’s ambitious gold exploration efforts. Located in the world-renowned gold district of Western Australia, the Penny South Project sits just 550 meters south of the high-grade Penny Mine, owned by Ramelius Resources Limited. This acquisition […]
In a significant development for Australia’s energy future, Melbana Energy Limited has secured a petroleum exploration permit (WA-552-P) for a promising area in Western Australia’s Dampier Sub-basin. This region is part of the Northern Carnarvon Basin, one of the richest petroleum areas in Australia. The permit, which comes after the 2022 Offshore Petroleum Exploration Acreage […]
RareX Limited, an Australian minerals exploration company, has taken a significant step forward in advancing its Khaleesi Project by signing a crucial site access agreement with AngloGold Ashanti. This deal will allow RareX to use the Tropicana access road, clearing the final hurdle for the granting of exploration licence E39/2504. This licence is integral to […]
Panther Metals Ltd has successfully closed an A$2.22 million capital raising, paving the way for a significant drilling program at the Laverton Gold Project. The company, listed on the Australian Securities Exchange (ASX), raised A$1.96 million through a renounceable entitlement offer, with an additional A$261,000 secured from a follow-on placement to institutional and professional investors. […]
Western Australia’s energy future has been dramatically safeguarded with a sweeping update to the state’s domestic gas policy, announced by Premier Roger Cook. In an unprecedented move, gas producers will now be required to reserve 80% of gas for local use until 2030, with a full 100% allocation from 2031, a decision designed to stave […]
The Western Australian Government has recognised Chalice Mining Limited’s Gonneville Project, a major Platinum Group Element (PGE), nickel, copper, and cobalt initiative, as a Strategic Project. This decision, announced by Premier Roger Cook, acknowledges the significant potential of the project to contribute to Western Australia’s economic growth and energy transition goals. Chalice Mining, headquartered in […]
Antipa Minerals Limited’s share price surged by 14% following its announcement of a A$17 million cash sale of its 32% non-controlling stake in the Citadel Joint Venture Project to its joint venture partner, Rio Tinto Exploration Pty Ltd. The deal is expected to strengthen Antipa’s cash reserves significantly, allowing the company to redirect resources into […]
