Latest Commodities News

Mount Ridley Mines has confirmed that high-grade scandium mineralisation at its Grass Patch Complex extends beyond the current Block 1 resource in all directions, based on re-assays of 481 historical drill samples. This expansion supports a resource upgrade and highlights the project's strategic importance amid tightening global scandium supply.

Killi Resources has received regulatory approval to launch a major drilling campaign at its newly acquired Lodestone iron ore project, aiming to expand and upgrade a 110Mt inferred resource with a high-purity magnetite concentrate.

Leeuwin Metals has uncovered multiple significant historical gold intercepts at its Marda Gold Project’s Red Boomerang and Deception Hill prospects, expanding exploration potential beyond the existing 342,300oz resource. Drilling plans for the second half of 2026 are progressing alongside a resource upgrade and assay results from 55 pending holes.

Chilwa Minerals has expanded its Mpyupyu West heavy mineral sands discovery to over 17 km², surpassing the combined area of the Mpyupyu Dune and Flat deposits. This expanded target borders the recently doubled 109.6 Mt Mpyupyu resource, with drilling underway to test a potential physical merger.

Tungsten Mining NL's Watershed Preliminary Economic Evaluation reveals a robust project with a pre-tax NPV of A$1.3 billion and a swift payback, aiming for first production by 2027 amid tightening global tungsten supply.

Buru Energy has launched a prospectus offering over 207 million new options free-attaching to a recent $5.3 million placement, aiming to back the commercialisation of its Rafael Gas Project and bolster working capital.

Ballymore Resources has secured $5.2 million through an oversubscribed capital raise, boosting its capacity to fast-track exploration across multiple Queensland projects.

Lunnon Metals reported its best month yet at Lady Herial with 2,865 ounces of gold produced in May 2026, generating $10.8 million in revenue and enabling early repayment of a $6 million working capital loan. Mining remains on schedule to complete by September, with strong cash reserves set to fund further exploration.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

Nimy Resources has uncovered a second significant gold anomaly at its Mons Project in Western Australia, expanding the prospective gold corridor to around 16 kilometres and setting the stage for a maiden drill campaign in the coming quarter.

Fortuna Metals has commissioned its own laboratory in Malawi, accelerating sample processing and cutting assay costs as it nears a maiden resource estimate for its Mkanda rutile and graphite project.

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.