Latest Cobalt News

Kuniko Limited has initiated a detailed 328 line-kilometre airborne geophysical survey at its Commonwealth Gold–Silver Project in NSW, aiming to refine drill targets with advanced imaging technology. This marks a key step in advancing exploration within the prolific Lachlan Fold Belt.

Castile Resources has reported substantial increases in gold, copper, and bismuth resources at its Rover 1 Project, while advancing plans for refined bismuth production amid tightening global supply due to Chinese export controls.

Latitude 66 Limited has completed the sale of its 17.5% interest in the Greater Duchess Joint Venture to Carnaby Resources, transforming its balance sheet to a debt-free position with $6.4 million in cash and shares. Meanwhile, promising exploration results at its Australian gold projects and a new cobalt processing agreement in Finland set the stage for growth.

Everest Metals has won a competitive co-funded drilling grant from the WA Government, boosting its Mt Dimer Gold Project exploration with up to $90,000 in support. This funding will underpin a targeted drilling campaign in early 2026 aimed at expanding known gold and base metal mineralisation.

Helix Resources is gearing up for a pivotal drilling campaign at its White Hills copper-gold project in Arizona while advancing resource updates at Gold Basin and reassessing its nickel-cobalt-scandium assets in New South Wales.

Cosmo Metals has kicked off its first drilling program in nearly 30 years at the Spring Creek prospect in NSW, backed by a $2 million capital raise and government funding to advance exploration across its NSW and WA projects.

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.

Cazaly Resources reports strong gold assay results at its Goongarrie Gold Project, confirming mineralisation over a 700m strike and prompting an expanded aircore drilling program. The company maintains a solid cash position of $2.4 million as it advances multiple exploration fronts.

Western Mines Group has successfully extended a high-grade nickel sulphide zone at its Mulga Tank project in Western Australia through diamond drilling, confirming a robust mineral system with promising parallels to the Perseverance deposit.

Flynn Gold’s re-assay of historical drill core at its Firetower Project reveals significantly higher tungsten grades, prompting accelerated exploration and a maiden resource target for 2026.

Alliance Nickel’s September 2025 quarterly report highlights a robust Definitive Feasibility Study for its NiWest Nickel-Cobalt Project, alongside ongoing strategic partnership talks and solid financial footing.

RareX Limited has entered a strategic partnership with U.S. Strategic Metals to integrate Australian rare earth production with U.S. processing capabilities, aiming to strengthen allied critical minerals supply chains.