Latest Commodity Markets News

Horseshoe Metals has secured crucial Direct Shipping Ore mining approval for its Horseshoe Lights Copper-Gold Project, setting the stage for imminent production and early revenue generation from high-grade copper stockpiles.

Lightning Minerals has inked a binding deal to acquire Lotus Minerals, gaining advanced gold and copper projects in Queensland and New South Wales, with drilling set to commence within eight weeks. This strategic move diversifies its portfolio and taps into buoyant commodity markets.

Larvotto Resources has obtained formal approval from NSW authorities for a key development modification at its Hillgrove Antimony-Gold Mine, clearing the way for a 2026 production restart backed by strong market fundamentals.

Argosy Minerals has executed a spot sales contract for 60 tonnes of battery-grade lithium carbonate from its Rincon project, locking in a price tied to the SMM benchmark. This deal underscores the company’s emerging role in the resurging lithium market.

Manuka Resources is progressing financing to restart its Wonawinta silver processing plant and is evaluating a promising gold cut-back at Mt Boppy to boost its Cobar Basin production plan.

Novo Resources Corp has significantly enhanced its exploration portfolio with new farm-in agreements and a joint venture with Northern Star Resources, targeting standalone gold and copper projects with over 1 million ounces potential.

Matsa Resources has confirmed the unconditional status of its A$113 million option agreement with AngloGold Ashanti for the Lake Carey Gold Project, triggered by rising gold prices and strategic payments.

Novo Resources has outlined a strategic exploration plan for the second half of 2025, focusing on high-grade gold and antimony prospects in Western Australia's Pilbara region, with maiden drilling programs set to commence.

Syrah Resources has resumed natural graphite production at its Balama mine in Mozambique after restoring site access, aiming to rebuild inventory for large shipments targeting ex-China markets in the coming quarter.

Askari Metals is advancing its African exploration strategy with detailed field campaigns targeting tin, tantalum, and gold mineralisation in Namibia and Ethiopia, while evaluating strategic acquisitions to bolster its portfolio.

Vanadium Resources has signed a non-binding MoU with China Precious Asia Limited to supply vanadium-rich magnetite ore from its Steelpoortdrift project, aiming for early production and cashflow. This marks a strategic pivot to monetise its vast resource amid subdued vanadium markets.

Sky Metals reports strong, shallow tin intercepts from ongoing drilling at its Tallebung Tin Project, significantly expanding the deposit footprint and extending mineralisation in all directions.