Latest California News

Bayan Mining has secured U.S. Bureau of Land Management approval for an expanded drilling program at its Desert Star rare earth project, enabling deeper exploration of high-grade targets near the Mountain Pass mine.

Dateline Resources has significantly expanded its Music Valley Heavy Rare Earth Project in California, staking over 19,000 additional acres and advancing modern exploration techniques to unlock its rare earth potential.

Dateline Resources has launched a high-resolution geophysical survey and expert geological mapping at its newly acquired Music Valley Heavy Rare Earth Project in California, aiming to tap into critical US demand for heavy rare earth elements.

Locksley Resources has reported strong surface assay results from its Desert Antimony Mine in California, confirming continuity of high-grade antimony mineralisation and supporting ongoing drilling efforts.

Janus Electric Holdings reported a 46% increase in net loss to $4.93 million for the half-year ended December 2025, driven by rising costs despite a 33% revenue boost. The company faces funding uncertainties as it pursues key investments and operational scale-up.

Dateline Resources has acquired the Music Valley Heavy Rare Earths Project in California, backed by historical high-grade data, and invested US$1 million in Fermi Critical Minerals to boost exploration across the US. This move complements its existing gold and rare earth projects, positioning the company at the forefront of critical mineral supply chain security.

BluGlass Limited reported a 14% revenue increase to A$5.76 million and a 28% reduction in net loss to A$4.1 million for H1 FY26, bolstered by a key US Department of War contract extension and a refreshed board driving growth.

Locksley Resources has initiated diamond drilling at its Desert Antimony Mine in California, aiming to expand known high-grade mineralisation and support US critical minerals supply chains.

Cobram Estate Olives reported a widened half-year loss driven by higher oil costs and operating expenses, while progressing its US growth strategy with a major California acquisition.

5E Advanced Materials reports Q2 FY2026 results with increased mineral resources and key shipments, while navigating ongoing funding uncertainties.

Select Harvests Limited has reported a strong FY2025 financial performance with a net profit after tax of $31.8 million and a significant reduction in net debt. The company plans to resume dividend payments in 2026 amid favourable almond market conditions.

Treasury Wine Estates reported a statutory loss driven by a significant US asset impairment but showed underlying growth in key markets. The company suspends its interim dividend and targets $100 million in annual cost savings through its TWE Ascent program.