TM1 and TGN surge as discovery trades return, while ARU funding still can’t stop the sell-off
1:10pm on Saturday 31st of January, 2026 AEDT
Key Points
Terra Metals (ASX:TM1) ripped <span class="text-success"><i class="ci-trending-up me-1"></i>52.38%</span> after a headline PGM hit that starts near surface
Tungsten Mining (ASX:TGN) surged <span class="text-success"><i class="ci-trending-up me-1"></i>48.89%</span> as it paired a big scoping study number with a hot tungsten price
Galilee Energy (ASX:GLL) slid <span class="text-danger"><i class="ci-trending-down me-1"></i>-30.00%</span> after a sharp reset following its Zydeco deal and capital raise
Big-ticket funding stayed in focus, led by Arafura (ASX:ARU) raising A$481m and Vulcan (ASX:VUL) locking in €2.2bn financing