Latest Commodities News

Neometals Ltd has launched its maiden gold drilling program at the Barrambie Gold Project in Western Australia, marking the first such effort in two decades. The program aims to validate historic high-grade gold mineralisation and explore new targets within a richly prospective greenstone belt.

Aurumin Limited announces a significant 33% increase in its Plum Pudding gold resource at the Central Sandstone Project, supported by encouraging recent drilling results that reinforce the project's potential for future gold production.

Lunnon Metals has launched a co-funded diamond drilling program at its high-potential Defiance West target near the historic Victory-Defiance Gold Mine, aiming to unlock new gold mineralisation in a previously untested area.

Magnum Mining and Exploration Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $1.94 million, aiming to fund exploration at its Palmares and Buena Vista projects. The offer includes new shares and free options, presenting both opportunity and dilution risks for shareholders.

AustChina Holdings has entered a binding agreement to acquire Penwortham Exploration, gaining access to promising gold-antimony and base metals projects in Tasmania’s prolific mining districts. The move positions AustChina to leverage modern exploration techniques on historically rich targets.

Australian Gold and Copper Ltd reports encouraging low-grade copper-zinc mineralisation in a newly defined search space west of the Achilles deposit, with plans to resume drilling and conduct advanced geophysical surveys.

OM Holdings Limited has reported a strong finish to FY24 with production volumes surpassing guidance and outlined robust production targets for FY25 amid shifting market dynamics in ferrosilicon and manganese.

Medallion Metals Limited has secured $6.5 million through a placement to support its strategic acquisition of Forrestania Nickel Operation assets and advance the Ravensthorpe Gold Project, positioning the company for a final investment decision by late 2025.

Marmota Limited has successfully secured $5 million through a placement to institutional investors, aiming to fast-track its exploration programs across titanium, uranium, and gold projects.

Dreadnought Resources has inked a $1 million share subscription deal with Black Cat Syndicate, securing a pivotal development right for the Star of Mangaroon gold project and setting the stage for drilling to commence in early 2025.

Scorpion Minerals highlights strong gold and copper exploration prospects in its December 2024 quarterly report, focusing on the largely untested Pharos Project and strategic plans for the Mt Mulcahy copper asset.

ANTAM has reported an all-time high in gold sales for FY24 alongside robust production in nickel and bauxite, underpinned by strategic partnerships and a strong sustainability agenda.