Latest Cobalt News

ActivEX Limited has completed a $900,000 placement to fund exploration across its Queensland gold and rare earth element projects, while reporting a cash balance of $98,000 at quarter-end. Key drilling results are awaited as the company progresses multiple tenements and JV discussions.

Rimfire Pacific Mining reports promising scandium drilling results at Murga and Rabbit Trap, alongside a significant new gold-antimony discovery at Broken Hill, positioning the company for resource growth and strategic opportunities.

Flynn Gold Limited has reported promising high-grade gold results from its Golden Ridge Project in Tasmania, alongside a successful $5 million capital raise to accelerate exploration efforts in 2026.

Nickel Industries reported a 57% drop in quarterly EBITDA due to mining quota delays but showcased robust HPAL margins and advanced commissioning at its Excelsior project, supported by a strategic investment from Sphere Corp.

Verity Resources has delivered strong drilling results at its Monument Gold Project, secured full ownership of Botswana copper-silver assets, and confirmed significant rare earth mineralisation in Brazil, setting the stage for a pivotal 2026.

Sunrise Energy Metals advances its Syerston Scandium Project with a robust updated Ore Reserve supporting a 32-year mine life, alongside significant financing commitments and a strategic offtake option with Lockheed Martin.

Temas Resources has confirmed its patented Regenerative Chloride Leach (RCL) technology can produce commercial-grade titanium dioxide with significant cost reductions, positioning the company for global licensing opportunities.

Nico Resources has progressed key development activities at its Wingellina nickel-cobalt project, preparing for an infill drilling campaign as nickel and cobalt prices rally on Indonesian supply policy shifts.

Western Yilgarn NL has broadened its gallium exploration at the Ida Holmes Junction Project and secured critical land access for its Cardea 2 Bauxite Project, backed by a $698,000 capital raise to advance multiple resource programs.

Octava Minerals has amended its acquisition terms for the Byro REE Project, extending the deadline and replacing a share grant with performance rights tied to project milestones.

Alliance Nickel reported a $769,000 placement and a $422,000 R&D tax refund while progressing its NiWest Nickel-Cobalt Project, despite renegotiating its Stellantis offtake agreement due to market shifts.

Australian Mines Limited reports strong gold drilling results at its Boa Vista project in Brazil and initiates new scandium-nickel-cobalt drilling in NSW, supported by a $4 million capital raise to accelerate exploration.