Latest Commodity Prices News

Develop Global has greenlit major investments in its Sulphur Springs copper-zinc and Pioneer Dome lithium projects, backed by a US$400 million financing and offtake deal with Trafigura that also refinances Woodlawn.

Larvotto Resources has secured a binding seven-year gold concentrate offtake agreement with global giant Glencore for its Hillgrove project, complementing an existing antimony deal and paving the way for production in August 2026.

Brazilian Rare Earths Limited (BRE) is demerging its Amargosa Bauxite-Gallium Project into Alurion Resources, with eligible shareholders receiving in-specie shares and access to a $30-50 million IPO.

IperionX’s Definitive Feasibility Study for its Titan Project in Tennessee reveals a robust 14-year mine plan producing critical heavy rare earths, titanium minerals, and zircon with strong financial returns and US government backing.

EQ Resources has secured board approval for a A$39 million expansion at its Mt Carbine tungsten mine, aiming to double crushing capacity and boost annual production by 500 tonnes amid strong tungsten prices.

Western Ridge Resources has locked in Midnight Sun Drilling to kick off a 19-hole campaign at its Keystone Project in Nevada, marking the first drilling at the site in over eight decades. The program aims to test high-grade extensions and priority targets across an expanded landholding.

Canadian Phosphate (ASX: CP8) is raising up to AUD 4.85 million via a renounceable rights issue at a 22% discount, aiming to accelerate development of its newly acquired Diamond Mountain Project in Utah and advance exploration in Canada.

New Talisman Gold Mines boosted revenue by 121% to NZ$53,000 but posted a $2.26 million net loss as it commissioned a processing plant and secured key commercial agreements.

Viking Mines reports a major metallurgical breakthrough at its Linka Tungsten Project, achieving a 62.5% WO3 concentrate at 59.8% recovery using combined gravity and flotation processing on a larger 10 kg sample, significantly improving previous results and validating a low-capex flowsheet ahead of maiden drilling.

Pacgold has restarted drilling at its Vertigo deposit and begun irrigating 100,000 tonnes of re-crushed material at White Dam, aiming to accelerate production restart and resource growth.

Kuniko Limited has wrapped its Phase 1 diamond drilling at the Commonwealth-Silica Hill project in NSW, revealing robust gold, silver, and base metal grades. The company is gearing up for a more expansive Phase 2 drilling campaign starting in July to test extensions and new targets within this prolific polymetallic system.

Green Technology Metals (ASX: GT1) is pushing forward its Seymour lithium project with an $11 million recapitalisation underway and fresh additions of tantalum and rubidium processing streams aimed at boosting project economics.