Latest Cobalt News

FortifAI has appointed Kelly Herrell, a seasoned Silicon Valley CEO with a track record of scaling infrastructure tech companies to IPO and acquisition, as its new CEO. Herrell’s leadership aims to accelerate commercialisation of FortifAI’s AI Data Plane technology through its Nol8 subsidiary.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Flynn Gold has ramped up its diamond drilling program at the Firetower Gold-Tungsten Project in northern Tasmania, expanding from three to ten holes totalling 1,600 metres. The move aims to test high-grade extensions and support a maiden Mineral Resource Estimate amid critical mineral supply pressures.

Vita Resources NL is accelerating exploration across its diverse portfolio, expanding drilling at its Ninnis Gold Project in WA and confirming polymetallic upgrades at its ICE Project in Canada.

Talisman Mining has appointed Todd Ross as CEO, initiating a leadership transition as the company advances drilling programs in NSW. Ross's extensive mining and finance background aims to unlock value across Talisman's exploration portfolio.

Element 25 is recalibrating its US battery-grade manganese project amid evolving electric vehicle battery technologies, while maintaining focus on its Butcherbird expansion in Western Australia.

Metal Bank has taken a significant step toward production at its Seven Leaders gold deposit by signing a non-binding MOU with Terra Mining for contract mining and crushing services, targeting a Q4 2026 start.

Askari Metals has kicked off a comprehensive Phase 1 field program at its EPL 7626 licence within Namibia's Uis Project, aiming to uncover polymetallic mineralisation including tin and tantalum. The program leverages advanced remote sensing and on-site LIBS analysis to identify buried pegmatites adjacent to a major operating mine.

Western Mines Group (ASX:WMG) has reported a broad 230m intersection of nickel sulphide mineralisation at its Mulga Tank Project, including multiple higher-grade zones, as its Phase 5 drilling program overcomes earlier fuel supply issues and gains momentum.

Celsius Resources initiates emergency arbitration to halt Kiri’s offtake deals with Makilala Mining, while grappling with governance upheaval and stalled financing at its Philippine copper project.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.