Latest Commodities News

Pearl Gull Iron Limited reported limited exploration during the March 2025 quarter due to seasonal weather, focusing on strategic planning and environmental compliance at its Cockatoo Island iron ore project. The company’s cash reserves declined to $185,000 amid ongoing care activities and exploration groundwork.

Nex Metals Explorations Ltd reported steady progress on its Kookynie Tailings Project, completed capital raisings, and is exploring new gold opportunities overseas, signaling a strategic growth phase.

Santa Fe Minerals advanced its exploration efforts in the March quarter, expanding gold anomaly footprints at Challa North and deploying high-resolution drone magnetics at Watsons Well to refine vanadium-titanium-iron targets.

Marquee Resources has announced a maiden Inferred Mineral Resource Estimate at its Redlings Rare Earth Project, alongside advancing exploration and drilling plans at Mt Clement. The company also completed a $829K capital raise, underpinning its multi-project growth strategy.

Omnia Metals Group has completed a key Heritage Survey at its Salt Creek project and secured $1.59 million through private placements, coinciding with its reinstatement to the ASX official list. The company is poised to commence a significant drilling program targeting gold and copper in Western Australia.

EverGreen Lithium’s 2024 drilling at the Bynoe Project confirms anomalous gold mineralisation but no significant lithium, prompting a strategic pivot to expanded gold and pegmatite exploration in 2025.

Noumi Limited reported a 2.8% revenue increase to $141.4 million in Q3 FY25, buoyed by gains in its Dairy and Nutritionals segment, while managing legacy legal costs and maintaining strong cash flow.

Mineral Commodities Ltd faces a buyer default on its Skaland sale while advancing negotiations to fully acquire the Munglinup Graphite Project, amidst operational and financial challenges.

QX Resources reported steady progress on its Queensland gold and US lithium brine projects while managing modest cash reserves and exploration expenditure in the March 2025 quarter.

Pacific Nickel Mines has paused operations at its Kolosori Nickel Project due to weak nickel prices and operational challenges, while negotiating critical financing with Glencore. The company remains in voluntary suspension on the ASX as it explores alternative business opportunities.

Triton Minerals has initiated legal proceedings after a key payment default in its sale of Mozambique graphite assets, while advancing exploration at its new Aucu copper/gold project.

Nimy Resources has defined a high-grade gallium Exploration Target in Western Australia and secured strategic partnerships to support supply to the US Department of Defense, positioning itself strongly in the critical minerals sector.