Latest Cobalt News

Western Mines Group has launched its 2026 exploration drilling campaign at the Mulga Tank nickel project, backed by recent capital raises and government grants. The program aims to expand and confirm high-grade nickel sulphide resources in Western Australia’s Eastern Goldfields.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

Legacy Minerals advances its flagship Mt Carrington Project with an expanded scoping study and confirms high-grade mineralisation, while securing a significant farm-in joint venture option with Rio Tinto for the Thomson Project.

Duketon Mining’s December 2025 quarterly report reveals significant gold anomalies across multiple projects and updated nickel resource estimates, underpinning a robust exploration outlook supported by a strong cash position.

Nico Resources has completed a heavily oversubscribed $3.73 million placement to fund exploration and development at its flagship Wingellina nickel-cobalt project. The capital raise underscores strong institutional confidence in the project’s long-term potential.

Sarytogan Graphite Limited has revealed a significant copper anomaly at its Baynazar project in Kazakhstan, outlining a 600-metre-wide zone with up to 0.5% copper. The company plans deeper drilling to explore this promising copper porphyry system, pending funding.

True North Copper’s 2025 drilling at Mt Oxide confirms extensive copper-silver-cobalt mineralisation, validating new targets and underpinning a fully funded 2026 exploration program.

Auking Mining Limited reported a cash burn in its latest quarterly report but is moving ahead with a $1.5 million capital raising to fund key exploration projects.

AuKing Mining reports promising exploration results at Myoff Creek and steady progress at Koongie Park, while grappling with a failed Cloncurry acquisition and significant board changes.

Oakajee Corporation’s recent aircore drilling at Paynes Find has revealed a new gold mineralised shear zone with assays up to 925ppb Au, extending the project’s exploration potential beneath lake cover.

Nickel Industries faced a challenging December quarter due to delayed regulatory approvals impacting ore sales, yet the company kicked off 2026 with robust nickel ore sales and record earnings from its HPAL project.

Dreadnought Resources reports a 36% increase in high-grade gold resources at Star of Mangaroon, secures $18 million in funding, and advances critical metals projects with promising drilling results and strategic partnerships.