Latest Cobalt News

Alliance Nickel has kicked off vat leach testing at its NiWest Nickel-Cobalt Project, aiming to slash capital costs, while raising $2.4 million through a partial entitlement offer and extending loan facilities to mid-2027.

True North Copper’s latest diamond drilling at Mt Oxide validates the Aquila discovery as a broad, continuous copper-cobalt-silver system with well-defined higher-grade zones, extending mineralisation over 1.8km strike and reinforcing its standalone development potential.

Elevra Lithium’s North American Lithium operation hit a new monthly spodumene concentrate production record in May 2026 while closing a US$298 million financing package to fund expansion and project development.

Patriot Resources has extended its copper exploration corridor in Zambia by 5.5km, identifying two new high-priority IOCG-style targets that could signal a multi-centre mineralised system.

West Coast Silver (ASX:WCE) has delivered a maiden 2.8 million ounce silver resource at Elizabeth Hill, with recent drilling revealing new high-grade zones and potential nickel-copper-palladium mineralisation, underpinning a clear growth and development plan.

OZZ Resources moves closer to acquiring Sulphide Minerals and regaining ASX listing with a $5 million capital raise, while navigating legal challenges on key tenements.

Sunrise Energy Metals is fast-tracking studies to triple scandium oxide production at its Syerston project, aiming to meet soaring global demand and secure supply outside China. The initial 60tpa development targets commercial production in 2028, while the expanded 180tpa plan remains flexible and contingent on market signals.

Nico Resources has completed preparations for a key infill drilling campaign at its Wingellina nickel-cobalt project, aiming to upgrade resource classifications and refine metallurgical understanding. The company also inked a strategic MOU with Pure Battery Technologies to explore regional refining opportunities amid a turbulent nickel price environment.

Latitude 66 has locked in critical exploration permits for its high-grade KSB Project in Finland, enabling an accelerated development phase including drilling and advanced studies.

Ardea Resources pushes back the completion of its Kalgoorlie Nickel Project DFS to pursue optimisation opportunities, while securing strong multi-level government backing and maintaining a robust financial position.

Vita Resources reports promising initial auger drilling results at Ninnis Gold Project, prompting an expanded program targeting key fault zones. The company also secured $2.9 million in a two-tranche placement to fund exploration across its diverse portfolio.

Galileo Mining has pinpointed a new drill target at its Norseman project, just 2km from the Callisto resource, following rock chip samples grading up to 1.87 g/t combined palladium, platinum and gold. An aircore drilling program is planned to test the untested mineralised zone beneath outcrop.