Latest Commodities News

Almonty Industries has completed Phase 1 commissioning of the Sangdong Tungsten Mine in South Korea, marking its first production in over 30 years and setting the stage for a major expansion.

Magnetite Mines Limited has revealed promising high-grade copper and silver mineralisation from a re-assay of historic drill core at its Mutooroo Ridge Project in South Australia, highlighting new exploration potential.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.

Helix Resources has formalised a joint venture to earn up to 40% of the Gold Basin oxide gold project in Arizona, marking a significant expansion into a prolific US gold district. The agreement sets clear milestones for exploration and resource updates over the next two years.

Image Resources NL is set to record significant non-cash impairments totalling around A$61 million in its 2025 financial results, reflecting challenges from weaker mineral sands prices and a stronger Australian dollar.

Centaurus Metals has locked in a binding five-year offtake agreement with global giant Glencore for a third of its Jaguar Nickel Project’s output, marking a pivotal step towards commercial production in Brazil.

Carnaby Resources has released a compelling Pre-Feasibility Study and maiden Ore Reserve for its Greater Duchess Copper Gold Project, outlining a 12-year mine life with strong financial metrics and a near-term production target.

Jupiter Mines has announced a modest interim dividend of 0.55 cents per share for H1 FY2026, reflecting ongoing shareholder returns despite a lower payout ratio compared to previous years.

Tali Resources is ramping up exploration at its West Arunta Project with a 10,000m drilling campaign and extensive geophysical surveys targeting copper, gold, and critical minerals.

The Brazilian government has imposed a 12% tax on crude oil exports effective immediately, a move framed as windfall profit sharing amid high oil prices. Karoon Energy, with significant Brazilian operations, faces new cost pressures as the tax awaits potential ratification by Congress.

Felix Gold’s 2025 drilling program at Treasure Creek in Alaska has revealed further high-grade antimony and gold mineralisation, extending the NW Array system west and south and reinforcing its potential as a strategic US antimony source.

Rumble Resources has reported impressive high-grade gold and tungsten drill results at its Western Queen project, underpinning plans for resource upgrades and a feasibility study.