Heron Resources has secured $91 million in funding which it will use to progress the Woodlawn zinc-copper project in New South Wales.
Australia has recorded a drop in its monthly trade surplus to $5.9 billion, a figure which is attributed to the fall in iron ore prices throughout August.
Australian investors have flocked to gold as a safe haven commodity amid rising fears of a global recession.
Pembroke Resources has received environmental authority (EA) for its Olive Downs coking coal project in Central Queensland.
Kalium Lakes has received board approval for its Beyondie sulphate of potash (SoP) project, allowing full scale construction to begin at the Western Australian operation.