Latest Commodities News

Magnum Mining and Exploration Limited has launched a $7 million capital raising via a placement of shares accompanied by 630 million new options exercisable at $0.015, set to expire in three years. The offer aims to bolster working capital and advance exploration projects across the US and Brazil.

Prospect Resources has confirmed significant gold by-product mineralisation at its Nyungu Central deposit, potentially boosting the economics of the Mumbezhi Copper Project in Zambia. Updated resource estimates incorporating these findings are expected in Q1 2026.

Predictive Discovery has secured a crucial court approval for its acquisition of Robex Resources, paving the way for the deal to close in early 2026 pending final regulatory consents.

Auric Mining has resumed operations at its Munda Gold Mine with 67,000 tonnes of high-grade ore stockpiled, setting the stage for imminent gold production and revenue generation.

Monadelphous Group Limited has landed a significant five-year maintenance contract with Rio Tinto, reinforcing its long-standing presence in the Pilbara iron ore operations.

Catalina Resources has strategically reshaped its portfolio by acquiring the Breakaway Dam copper project and the Auric North gold portfolio, while divesting its Laverton assets to sharpen its focus on scalable growth opportunities.

RareX Limited has achieved a major regulatory milestone with the granting of a Mining Lease for its Cummins Range Project in Western Australia, significantly reducing development risk and paving the way for focused metallurgical optimisation and mine planning.

Miramar Resources is set to launch a multi-commodity drilling campaign in early 2026, focusing on gold targets near Kalgoorlie and high-grade copper-lead-silver mineralisation in the Gascoyne region.

Antilles Gold has officially commenced construction on its Nueva Sabana copper-gold mine in Cuba, backed by a $35 million funding package and a $29.5 million EPC contract with Shandong Xinhai Mining. Initial gold production is targeted for early 2027, promising strong financial returns.

Larvotto Resources has reported multiple high-grade gold, antimony, and tungsten intercepts from diamond drilling at its Metz Mining Centre, reinforcing the potential for a significant resource upgrade later this year.

VHM Limited has terminated its offtake agreement with Shenghe Resources to pursue broader global partnerships for its Goschen Rare Earths and Mineral Sands Project, appointing Macquarie Capital to accelerate funding and offtake discussions ahead of production in 2027.

Coda Minerals has resumed its extensive diamond drilling program at the Elizabeth Creek Copper-Silver Project, progressing towards a pivotal Pre-Feasibility Study with strong commodity price tailwinds. Approximately 70% of drilling is complete, setting the stage for updated resource estimates and enhanced project economics.