Latest Northern Minerals (ASX:NTU) News

Northern Minerals has completed a pivotal drilling program at its Dazzler deposit, revealing new geological insights and expanding exploration targets for heavy rare earth elements in Western Australia.

Northern Minerals has made significant progress on its Browns Range Heavy Rare Earths Project, advancing its feasibility study and exploration while raising $41.5 million, positioning itself as a strategic alternative amid growing geopolitical supply risks.

Northern Minerals Limited reported a $5.8 million cash outflow from operations in Q1 2025 but bolstered its balance sheet with a $42.5 million equity raise, ending the quarter with nearly $30 million in cash.

Northern Minerals has completed the second tranche of its placement, raising $41.5 million to advance its Browns Range Heavy Rare Earth Project, focusing on the high-grade Wolverine deposit.

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.