Latest Tusker Minerals (ASX:TSK) News

Tusker Minerals has agreed to sell its Malawian rare earth assets to AuKing Mining for up to A$4.85 million, while retaining key rutile projects and upside exposure through equity stakes.

Tusker Minerals has inked a binding deal to sell its Machinga Rare Earth Elements project in Malawi to AuKing Mining for up to A$4 million, freeing capital to concentrate on its high-grade rutile and heavy mineral sands assets.

Wild swings hit the ASX this week, with Janus Electric doubling, Aura sliding almost 30%, and TechGen jumping more than 22%. Big news kept landing, but many stocks still fell as early gains faded and traders locked in profits.

Big project news kept landing across gold, rare earths and battery minerals, but many small-cap share prices still fell hard. The week belonged to a giant gold merger at the top end, while further down the board early excitement often gave way to selling.

Tusker Minerals has outlined a multi-billion-tonne JORC Exploration Target at its Douala Basin Project in Cameroon, highlighting a globally significant rutile-rich mineral sands system with strong infrastructure advantages.

Tusker Minerals spotlights thick, high-grade heavy mineral sands near Cameroon's Douala port, targeting a low-cost development pathway with a pending JORC Exploration Target and planned infill drilling.

Tusker Minerals Ltd has seen its TSKO securities suspended from ASX quotation immediately due to non-compliance with listing rules. The suspension applies solely to this security class while the company works to meet regulatory requirements.

Tusker Minerals has identified high-grade rutile titanium mineralisation at its Mzimba licences in northern Malawi, with initial sampling revealing strong titanium dioxide concentrations and promising exploration potential.

Tusker Minerals reported a solid financing inflow of A$4.455 million in the December quarter, offsetting significant cash outflows from exploration and setup costs, leaving the company with A$2.2 million in cash and nearly two quarters of funding runway.

Tusker Minerals has reported significant progress in its Cameroon and Malawi projects, confirming promising graphite and rutile mineralisation and expanding its tenement holdings. The company’s strategic corporate moves and infrastructure investments position it for a transformative 2026.

Tusker Minerals has significantly expanded the known high-grade gallium mineralisation at its Tundulu and Machinga projects in Malawi, revealing a robust multi-commodity critical minerals system with promising exploration upside.