Latest Precious Metals News

Patriot Resources has dramatically expanded the Exploration Target at its Tassa Silver & Gold Project in Peru to between 559Moz and 774Moz silver equivalent, positioning it among the world’s largest undeveloped silver systems. A 4,000m drilling campaign is planned to convert this target into a formal Mineral Resource.

Sun Silver has engaged global engineering firm Ausenco to lead critical concept and scoping studies for its Maverick Silver Project in Nevada, aiming to underpin a maiden Scoping Study by late 2026. The move leverages Ausenco’s North American precious metals expertise and comes as silver prices hover near US$77 an ounce, bolstering project economics.

Argent Minerals (ASX: ARD) has announced Managing Director Pedro Kastellorizos will step down in mid-June, with a leadership transition underway. The company remains focused on advancing its Kempfield Silver Project and exploration activities.

Advance Metals Limited has announced its first JORC-compliant Mineral Resource Estimate for the Yoquivo Silver-Gold Project in Mexico, revealing a substantial inferred resource of 33 million ounces silver-equivalent. The resource's broad, shallow mineralisation supports potential bulk mining methods, with further exploration planned to expand the deposit.

Felix Gold’s 2025 drilling at the NW Array prospect confirms extensive near-surface gold mineralisation alongside high-grade antimony, reinforcing its dual-commodity potential at Treasure Creek.

Red Metal Limited is set to distribute the majority of its 35.2% stake in Maronan Metals to shareholders, aiming to boost liquidity and allow investors to directly engage with Maronan’s promising silver project.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Aguia Resources has completed the sale of its non-core Atocha Silver Project in Colombia, receiving the final C$1 million cash payment and fully divesting its interest. This move reflects a strategic shift to focus on near-term production assets and strengthens the company’s balance sheet.

Polymetals Resources has begun mining high-grade silver ore at its Endeavor mine, revealing silver grades significantly above expectations and initiating a direct shipping ore trial to capitalise on newfound value.

Manuka Resources has locked in a US$30 million senior secured loan facility with Nebari to refinance debt and fund production at its Wonawinta and Canbelego mines, positioning itself to capitalise on the current precious metals cycle.

Black Bear Minerals has confirmed all major permits for its Shafter Silver Project in Texas, clearing a critical hurdle for a near-term restart amid strong silver market dynamics and U.S. strategic support.

DPM Metals has reported record financial results for 2025, driven by strong free cash flow and earnings, while advancing key projects and maintaining a low-cost production profile. The company’s three-year outlook highlights significant production growth and disciplined capital management.