Latest Cobalt News

Ardea Resources has successfully raised A$5 million through a placement and launched a A$2 million Share Purchase Plan to fund the next phase of its Kalgoorlie Nickel Project. The capital injection supports the finalisation of a key feasibility study and ongoing project development.

Havilah Resources has finalised a significant transaction with Sandfire Resources for the Kalkaroo copper-gold project, receiving $31.5 million in cash and shares, while advancing promising drilling at Birksgate.

West Coast Silver’s recent aircore drilling at Elizabeth Hill has confirmed and extended high-grade silver mineralisation beyond historic mine areas, revealing promising near-surface targets and new base metal prospects.

Nickel Industries reported a reduced loss after tax of $41.2 million for 2025, underpinned by steady production and strategic progress on its ENC HPAL project and sustainability initiatives.

Metal Bank Limited has intersected thick, high-grade near-surface graphite adjacent to its Millennium copper-cobalt-gold resource in northwest Queensland, potentially adding a valuable critical mineral to the project.

Nickel Industries has received a significant 60% increase in its 2026 nickel ore sales quota, positioning the company to capitalise on rising nickel prices and ramp up its next-generation processing projects.

Western Yilgarn NL has announced a significant discovery of high-grade cobalt, scandium, nickel, copper, and lead mineralisation at its Ida Holmes Junction Project in Western Australia, reinforcing its strategic foothold in critical minerals.

Coda Minerals has updated the economics of its Elizabeth Creek Copper-Silver Project, reflecting significant rises in copper and silver prices since August 2025, boosting the project's valuation and reinforcing its development case.

Vita Resources has unveiled a commissioned re-evaluation of its ICE Copper-Gold Project in Yukon, revealing significant silver, cobalt, and indium mineralisation that upgrades the project to polymetallic status. This fresh insight sets the stage for expanded exploration and resource assessment.

Prospect Resources has raised A$45 million through a strategic equity placement to accelerate drilling and studies at its Mumbezhi Copper Project in Zambia, aiming to expand its mineral resources and advance project development.

Tarrina Resources has integrated historic and new geophysical data to reveal significant untested copper-gold-cobalt targets at its Walparuta Project in South Australia, highlighting a large magnetic-gravity anomaly down dip from known mineralisation.

Metal Bank Limited has entered a non-binding MOU with Austral Resources to explore toll treatment of ore from the Millennium Project at Austral’s nearby Rocklands facility, aiming to advance a promising copper-cobalt-gold resource in NW Queensland.