Latest Arizona News

Riedel Resources has completed the acquisition of majority interests in the Cosmo and Mt Venn gold projects in the Laverton Gold District, expanding its portfolio to three exploration-stage assets across two Tier 1 jurisdictions.

Sarama Resources has offloaded its Western Australian gold projects to Riedel Resources for A$3.2 million in cash and shares, securing a substantial equity stake and executive influence in the buyer while limiting shareholder dilution amid its arbitration claim.

Lodestar Minerals has expanded its Virgin Mountain project in Arizona by 40%, locking in a 5 km corridor of high-grade heavy rare earth mineralisation highlighted by rock chip assays reaching 14.68% TREO with a 59% heavy rare earth oxide content.

G50 Corp's latest metallurgical tests at Golconda confirm low-cost recovery of gallium alongside gold and silver, reinforcing its potential as a strategic domestic supplier of critical minerals.

Rio Tinto reported a 3% year-on-year increase in copper equivalent production for H1 2026, driven by Oyu Tolgoi’s 31% growth and record iron ore output in the Pilbara, while maintaining full-year guidance amid geopolitical headwinds.

Hawk Resources has launched an options offer following a $3 million placement, aiming to fund exploration at its scandium and copper projects in Australia and the US.

Eagle Mountain Mining’s joint venture with Nittetsu has contracted Boart Longyear for a 6,000-metre drilling campaign at Oracle Ridge, marking a significant step in exploring near-mine copper extensions and testing new geophysical targets.

IGO Limited has secured full ownership of the Copper Wolf copper project in Arizona, expanding its battery minerals portfolio ahead of a planned drilling campaign in early 2027.

Buxton Resources has sold its 49% interest in the Copper Wolf Project joint venture to IGO for nearly AUD 6 million while keeping full ownership of surrounding prime exploration tenements in Arizona.

Hawk Resources has secured $1.11 million through a rights issue to fund its critical minerals projects across Western Australia and the US, with directors backing the raise in full.

G50 Corp’s initial core hole at the White Caps Project in Nevada reveals a substantial high-grade gold intersection, underpinning the potential of its 2026 drilling campaign targeting Carlin-Style mineralisation.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.