Latest Commodities News

Lightning Minerals pivots to a gold-led Australian strategy, elevating its Mt Turner Project as the core value driver while shedding non-core lithium assets. The company aims to capitalise on strong initial drilling success and disciplined capital allocation amid evolving commodity cycles.

Heavy Rare Earths Limited (ASX:HRE) is set to kick off its maiden drilling campaign at the South Ridge tin project in Prospect Hill, South Australia, following environmental approvals and cultural heritage clearances. The ~2,500m program aims to define a maiden resource against a backdrop of surging global tin prices and recent weather-related delays.

DGL Group reported a 5.8% revenue decline to $225.2 million in H1 FY26, weighed down by audit qualifications, ERP rollout delays, and one-off impairments. Despite these headwinds, the company cut net debt by $16.4 million and advanced strategic site consolidations and new facility investments.

Perpetual Resources has kicked off a maiden field program at its Paraíba Tungsten Project in Brazil, aiming to validate historical tungsten mineralisation and define drill targets in a region known for high-grade tungsten deposits.

Larvotto Resources is progressing the Hillgrove Antimony-Gold Project on time and budget, aiming for mid-2026 production amid rising strategic demand for antimony. The project benefits from grid power, ongoing drilling success, and government support for critical minerals.

Cavalier Resources’ 2026 Pre-Feasibility Study update boosts the Stage 1 NPV of its Crawford Gold Project to A$77.2 million at A$6,500/oz gold, reflecting resilience amid supply chain pressures. The project maintains its ore reserve and pit design, with financing negotiations advancing.

Kingston Resources has delivered a fresh batch of high-grade polymetallic assay results from underground drilling at its Southern Ore Zone, Mineral Hill, reinforcing the geological model and underpinning near-term underground mining plans.

Critical Resources has defined a focused 2026 exploration program at its Mavis Lake lithium project while confirming an orogenic gold system in New Zealand and delivering promising early results from its solid-state lithium-ion battery evaluation.

Lode Resources has delivered a maiden JORC Mineral Resource Estimate at Montezuma, revealing a high-grade silver-antimony system with clear underground mining potential and ongoing exploration upside.

Pioneer Minerals has submitted a crucial Plan of Operations to the US Forest Service, paving the way for drilling at its Springfield Prospect in Idaho. The program targets tungsten, gold, and gallium mineralisation, marking a significant step toward project development.

Voltaic Strategic Resources is set to acquire a key exploration licence adjoining its Ti Tree Project in Western Australia, expanding its footprint in the emerging Gascoyne lithium province near Delta Lithium’s resources. This low-cost deal enhances Voltaic’s strategic optionality for lithium and tantalum exploration.

Michael Hill International’s 2026 Investor Day highlights sustained sales growth, a streamlined brand portfolio, and a disciplined return to dividends, underpinned by AI-driven retailing and a reset of the Bevilles brand.