Latest Northern Minerals (ASX:NTU) News

Northern Minerals reports a 15% increase in its Wolverine Deposit resource and secures $28 million in funding, advancing its Browns Range heavy rare earths project amid ongoing feasibility studies.

Northern Minerals Limited reported a $7.56 million net cash outflow from operating activities in the December 2024 quarter, offset by $28.5 million raised through borrowings, leaving a healthy cash balance of $35.76 million.

Northern Minerals has reported a 15% increase in the total rare earth oxides (TREO) at its Wolverine deposit, with a striking 75% rise in Measured and Indicated TREO tonnes, underpinning the next phase of its Browns Range project development.