Latest Power Minerals (ASX:PNN) News

One stock nearly doubled, another jumped more than 40%, and a finance heavyweight stayed elevated after a merger shock. In resources, the winners were mostly tied to “what was bought” or “what was funded”, while the laggards were often the ones where early optimism quickly turned into selling.

Fluorspar stole the week as OD6 ripped higher, while a fresh wave of trading halts and reopenings produced fast reversals. Rare earth processing deals, big funding packages and takeover timetables kept investors busy across small caps.

Power Minerals Limited has had its trading suspension lifted following a significant announcement of a material acquisition and capital raising, signaling a pivotal moment for the mining explorer.

Power Minerals Limited has voluntarily suspended its ASX securities as it finalises a significant capital raising, with details expected by 5 March 2026.

Power Minerals has reported strong final results from shallow auger drilling at its Santa Anna Project in Brazil, confirming high-grade niobium and rare earth mineralisation from surface to end of hole. The company has now commenced a 10,000-metre deep drilling campaign to explore and extend this promising mineral footprint.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Power Minerals Limited has reported outstanding high-grade niobium and rare earth element results from its completed auger drilling program at the Santa Anna Project in Brazil, confirming significant near-surface mineralisation and launching a major deeper drilling campaign.

Power Minerals has commenced a significant 10,000m reverse circulation drilling program at its Santa Anna Project in Brazil, aiming to expand and deepen the footprint of high-grade niobium and rare earth elements mineralisation. Results are anticipated by late March 2026.

Power Minerals delivers robust December quarter results with standout rare earth and niobium drilling at Santa Anna, while reclaiming full ownership of its Rincon lithium project to accelerate development.

Power Minerals Limited is reigniting exploration at its Santa Inés Copper-Gold Project in Argentina, focusing on deep targets suggested by geophysical data beneath promising shallow drill results.

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

Power Minerals Limited reports robust near-surface niobium and rare earth element assay results from its Santa Anna Project in Brazil, underpinning plans for a major 10,000m drilling campaign to define a Mineral Resource Estimate.