Latest Commodities News

Admiralty Resources has pushed its Mariposa Iron Ore Project into pre-production, completed initial shipments, and raised $7 million in a rights issue, while reporting a $4 million loss for FY25 amid ongoing operational and financial challenges.

Aeris Resources reported FY26 copper equivalent production of 42.1kt and gold output of 49koz, both comfortably within guidance, while ending the year with a robust cash and receivables balance of $202.3 million.

Mount Ridley Mines has extended the high-grade scandium footprint at its Block 2 Resource with Phase 1 re-assay results, revealing significant mineralisation beyond current resource limits and setting the stage for resource growth.

Nova Minerals has completed engineering and design for its Estelle antimony pilot plant in Alaska, moving swiftly into procurement and construction with equipment en route to site.

Hammer Metals has confirmed broad and continuous copper-gold-molybdenum-rhenium mineralisation at its Kalman project, highlighted by a standout 165m intercept grading 1.96% recovered copper equivalent in drill hole K162. The results bolster resource confidence ahead of a planned Scoping Study.

Octava Minerals has outlined a colossal exploration target of up to 7.4 billion tonnes of mineralised black shale at its Byro Project, featuring rare earths, lithium, and vanadium grades that align with promising bioleaching recoveries. Further drilling and metallurgical testing aim to advance the project towards a maiden resource.

Estrella Resources (ASX: ESR) has revealed striking high-grade copper and manganese assay results from its Timor-Leste concessions, spotlighting a vast geological dome that could underpin a new multi-commodity mineral province.

Critica Limited’s recent drilling at its Jupiter Rare Earth Project has validated broad, near-surface high-grade zones, underpinning an imminent resource upgrade and advancing its scoping study.

Magnum Mining has secured Jack Lifton, a globally recognised rare earth expert, to steer business development as it advances its Piracanjuba North drilling campaign in Brazil.

PMET Resources has achieved over 97% caesium extraction from pollucite concentrate using sulphuric acid leaching at SGS Canada, while parallel proprietary testwork with Koch Technology Solutions advances value-added caesium chemical pathways.

Sky Metals has unveiled a significant Mineral Resource Estimate upgrade for its Tallebung project, lifting tin and tungsten inventories substantially and introducing a maiden silver resource. This positions Tallebung as a large-scale, shallow open-pit opportunity with promising metallurgical and development prospects.

Hawk Resources has launched an options offer following a $3 million placement, aiming to fund exploration at its scandium and copper projects in Australia and the US.