Latest Cobalt News

Western Mines Group (ASX:WMG) has wrapped up its Phase 5 drilling at Mulga Tank, delivering standout nickel-cobalt-copper assays and securing a $250,000 government grant for a seismic survey. Post-quarter, a $2.74 million capital raise led by Lowell Resources Fund boosts its exploration firepower.

True North Copper (ASX:TNC) reported strong progress in Q4 FY2026, expanding its Mt Oxide copper system and consolidating its Cloncurry assets ahead of a key Pre-Feasibility Study.

Nordic Resources (ASX:NNL) has reported final assays from its 1H 2026 drilling in Finland, revealing record gold grades at Kopsa and significant resource extensions across its key gold projects. Metallurgical testing is underway, with updated resource estimates expected later this year.

Talisman Mining’s latest drilling at Sheepyard reveals broad shallow gold zones over 800m, signalling a large-scale system. New CEO Todd Ross takes the helm amid active exploration and $3.09 million cash.

Golden Globe Resources has confirmed copper-gold mineralisation at Queensland’s Dooloo Creek through Phase 1 drilling, validating its exploration model and commencing Phase 2 to target deeper, higher-grade zones.

Golden Dragon Mining has raised A$2.2 million through a strategic placement to Chengtun Gold, a subsidiary of Shanghai-listed Chengtun Mining Group, at a near 18% premium. The deal grants Chengtun a board seat and aims to accelerate exploration at the Cue Gold Project.

Nickel Industries delivered a record US$45.7 million Adjusted EBITDA from its Hengjaya Mine, launched first mixed hydroxide precipitate production at its ENC HPAL project, and secured major HPAL asset acquisitions, positioning itself for growth across the nickel value chain.

Metal Bank is pushing its Western Australian gold projects closer to production while expanding critical minerals exploration in Queensland, supported by a $1.2 million placement.

Verity Resources has lifted its Monument Gold Project’s geological confidence by delivering a maiden Indicated Mineral Resource of 66,200 ounces and reported exceptional 97% gold recoveries at Waihi, underpinning development plans.

Prospect Resources has boosted its Mumbezhi Copper Project resource by 20%, notably doubling gold content, while commencing an extensive Phase 3 drilling program aimed at further expansion and upgrading.

Antipa Minerals has upgraded its Minyari Project resource to 3.6 million ounces gold equivalent with a strong increase in indicated resources, while launching a major 41,000m drilling campaign and advancing its Pre-Feasibility Study with encouraging metallurgical and geotechnical results.

Firebird Metals has validated its proprietary Lithium Manganese Rich (LMR) cathode materials, achieving discharge capacities on par with commercial references and significantly surpassing conventional LFP and high-nickel NCM cathodes. This milestone underscores Firebird's integrated battery materials strategy and sets the stage for advanced optimisation at its Australian Demonstration Plant.