Featured news
VRX Silica (ASX: VRX) completes engineering at Arrowsmith North Silica Sand Processing Project
May 29, 2023 10:31 AM AEST| By Ankit SethiHighlights,The pureplay silica sand company has completed detailed engineering and finalised mechanical equipment list,VRX has prepared the supply tender documents and critical timelines have been established,The engineering work relates to the const...
Vanadium Resources (ASX: VR8, DAX: TR3) completes AU$5.91M equity placement to Matrix Resources
May 26, 2023 02:46 PM AEST| By Ankit SethiHighlights,The ASX-listed company has announced the completion of AU$5.91 million equity placement,Vanadium Resources' ASX shares traded at a higher price as compared to previous close after the announcement,Over 53.7 million fully paid ordinary shar...
First Au (ASX: FAU) shares soar on mining lease grant for Gimlet gold project
May 26, 2023 10:55 AM AEST| By Ankit SethiHighlights,The Australian gold and base metal explorer, which is listed on ASX, also trades on the OTC market in the US,Grant of Gimlet Mining Lease Application by the WA Department of Mines opens new opportunities for the project, states FAU,First A...
Revolver Resources (ASX:RRR) shares quarterly report with all progressive moves at Dianne Project
May 25, 2023 05:53 PM AEST| By ManishaHighlights,Revolver Resources made significant progress at its Dianne Project during March 2023 quarter.,RRR completed Heli-EM survey modelling at its Dianne Project as part of its step-out strategy.,The company concluded Downhole Electromagnetic (D...
Vanadium Resources (ASX:VR8, FRA: TR3) advances AU$5.91M Strategic Placement to Matrix Resources
May 25, 2023 05:01 PM AEST| By ManishaHighlights,Vanadium Resources has fulfilled the conditions precedent for the AU$5.91 million equity placement to Matrix Resources.,The company has been able to satisfy the conditions precedent post receiving approval for the Chinese Overseas Direct I...
RPM Automotive (ASX: RPM) reaffirms FY23 guidance
May 25, 2023 10:57 AM AEST| By Neha SimpyRPM Automotive restated its earlier FY23 guidance in the trading update. RPM is anticipating FY23 reported revenue to be between AU$118 million and AU$120 million. The company expects FY23 EBITDA to be between AU$10.5 million and AU$12 million.
Raiden Resources (ASX:RDN / DAX:YM4) receives shares in Velocity Minerals
May 25, 2023 10:43 AM AEST| By Ankit SethiThe two companies are finalising the terms of the Definitive Property Option Agreement.
Raiden Resources (ASX:RDN / DAX:YM4) inks agreement with LW Resources for sale of Yandicoogina Project
May 24, 2023 05:38 PM AEST| By ManishaHighlights,Raiden Resources has signed a binding agreement with LW Resources regarding sale of Yandicoogina project.,As per the terms of the agreement, LW Resources will acquire a 90% interest in RDN’s Yandicoogina project (WA) for AU$160k payment in...
FYI Resources (ASX:FYI) marching on for high purity alumina through its WA pilot plant
May 24, 2023 02:21 PM AEST| By ManishaHighlights,FYI has regained 100% of the HPA project and holds strong commitment to advance its development-related activities.,Also, the firm retained HPA project data, information as well as its IP during the quarter.,FYI is building another develop...
Mineral Commodities (ASX: MRC) reports Maiden Mineral Resource at De Punt
May 24, 2023 10:46 AM AEST| By Ankit SethiThis new Mineral Resource is adjacent to Tormin, which increases the asset value of Tormin.
Invictus Energy (ASX:IVZ) gets ‘overwhelming support’ for $10Mn Share Purchase Plan
May 23, 2023 12:44 PM AEST| By ManishaHighlights,Invictus Energy has received strong support for its recently announced SPP.,The company has exceeded its initial target of raising up to AU$5 million.,Invictus will now accept oversubscriptions to raise a total of up to AU$10 million.,The...
Cyprium Metals (ASX: CYM) gives corporate update, announces two new appointments
May 23, 2023 11:36 AM AEST| By Ankit SethiHighlights,New experienced industry executives have been included in the company's management team,Clive Donner comes from mining private equity and financing background, and he will manage capital raising exercises,Milan Jerkovic is a mining veteran...
Musgrave Minerals (ASX: MGV) lands high-grade gold at Leviticus deposit within Cue, shares jump
May 23, 2023 10:48 AM AEST| By Ankit SethiHighlights,Reverse circulation drilling at Leviticus (located within MGV’s Cue Gold Project) returns new high-grade mineralisation,New mineralised position is outside the current Mineral Resource Estimate (MRE) and open pit design,Infill intersection...
Mineral Commodities (ASX: MRC) finalises funding and offtake agreements for Tormin
May 22, 2023 12:10 PM AEST| By Neha SimpyMineral Commodities and Blue Bantry have entered into GMA Agreements with Garnet International Resources Pty Ltd, a member of GMA Group.,As per the agreement, Mineral Sands Resources has consented to provide GMA Group with finished garnet prod...
Cynata Therapeutics (ASX: CYP) to present two-year clinical study data in SR-aGvHD at ISCT
May 22, 2023 11:14 AM AEST| By Team Kalkine MediaHighlights,Cynata will present two-year patient follow-up data from its Phase 1 clinical trial of CYP-001 in SR-aGvHD at ISCT.,ISCT, a major international conference, will be attended by delegates from more than 50 countries.,As per the company, the...
Ark Mines (ASX: AHK) commences drilling at Sandy Mitchell rare earths project
May 22, 2023 10:43 AM AEST| By Neha SimpyHighlights:,Ark Mines announced that air core drilling has begun at ‘Sandy Mitchell’.,The phase 1 drilling program will include infill and extension drilling of historic auger drill holes in a 120m-by-120m grid.,The drilling program will be carried o...
Viking Mines (ASX:VKA) commences metallurgical testwork at Canegrass Battery Minerals Project
May 22, 2023 10:06 AM AEST| By Team Kalkine MediaViking Mines has kicked off preliminary sighter metallurgical testwork at its Canegrass battery minerals project.,ALS Metallurgy would undertake the testwork on 36 samples collected from hole VCRC0006, part of the recent drill campaign at the p...
Tempest Minerals (ASX:TEM) Mar’23 Quarter Report: A round-up of developments across projects
May 19, 2023 06:34 PM AEST| By ManishaHighlights,Tempest Minerals recently released its quarterly report for the three-month period ended 31 March 2023.,During the quarter, Tempest posted its continued journey of actively investigating and evaluating new growth opportunities in numerous...
Ark Mines (ASX:AHK) ends March Quarter with swift progress at Sandy Mitchell and Gunnawarra
May 19, 2023 05:54 PM AEST| By ManishaHighlights,Ark Mines has released its report for the March quarter 2023 outlining AHK’s key achievements.,Jogmec has conducted extensive historical work at Sandy Mitchell, while ~100 augur drill holes have been completed by other parties.,For its Gun...
Here’s a briefing on Sydney resources of Musgrave Minerals (ASX:MGV)
May 19, 2023 03:55 PM AEST| By ManishaHighlights,Musgrave Minerals concluded the Stage 1 Prefeasibility Study (PFS) on its tenure at the Cue Project in April 2023.,The Stage 1 PFS results reflect a high-margin standalone production opportunity for MGV.,The company raised AU$2.1 million u...
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