Latest Cobalt News

Alligator Energy reports a 10% increase in indicated uranium resources at its Samphire Project, secures a $17.25 million capital raise, and announces a CEO transition as it advances key uranium exploration and development milestones.

Galileo Mining has kicked off a significant 5,000-metre aircore drilling campaign at its Norseman project, aiming to build on promising palladium and platinum results and grow its existing 1.27 million ounce palladium equivalent resource.

Canterbury Resources advances its flagship Briggs Copper Project with a near-complete scoping study and imminent deep drilling, while expanding exploration across Queensland and Papua New Guinea.

Dynamic Metals Limited’s latest Phase 2 drilling results at the Cognac West prospect confirm significant gold and copper mineralisation, highlighting a complex polymetallic system. The findings pave the way for refined exploration strategies incorporating new geophysical insights.

Nordic Resources has completed a major acquisition of three advanced gold projects in Finland, lifting its total gold equivalent resources to 1.23 million ounces. The company also secured A$3.5 million in institutional funding and appointed a seasoned mining executive as Chairman.

Nico Resources Limited reported steady progress on its Wingellina nickel-cobalt project despite challenging market conditions, completing a $1.1 million share placement and advancing metallurgical and drilling programs.

Bryah Resources has raised $170,000 through a discounted private placement to fund critical environmental and mining studies at its Golden Pike project, underpinning its ongoing exploration ambitions.

Sunrise Energy Metals reports strong high-grade scandium drill results at Syerston and secures $7.5 million to accelerate project development. The company is updating its feasibility study amid growing market demand and geopolitical supply pressures.

Prospect Resources has released compelling metallurgical test results from its Mumbezhi Copper Project in Zambia, demonstrating robust, high-grade copper concentrates and strong recoveries that support plans for a central processing hub.

Cosmo Metals has unveiled a newly defined +4km volcanogenic massive sulphide (VMS) target corridor at its Bingara Project in NSW, revealing high-grade copper mineralisation and extensive historic workings with no prior drilling.

Dreadnought Resources has fortified its balance sheet with an $8.5 million capital raise and secured a $15 million joint venture with Teck Resources, advancing its Mangaroon gold and critical minerals projects.

Alliance Nickel has strengthened its financial position with an additional A$1.2 million unsecured loan and extended existing facilities, while reaffirming the commercial viability of its NiWest Nickel-Cobalt Project through a comprehensive Definitive Feasibility Study.