Latest Copper And Rare Earth Elements News

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

FMR Resources has raised $3.4 million through a strategic equity placement to accelerate exploration at its Southern Porphyry target in Chile, aiming to unlock significant copper and gold potential.

My Foodie Box Limited is set to pivot from meal kits to mining by acquiring Australian gold, copper, and rare earth projects, renaming itself Tarrina Resources, and relisting on the ASX with a $5 million capital raise.

NIMY Resources has reported exceptional high-grade gallium assay results from its Block 3 prospect within the Mons Project, positioning itself as a key player amid global supply constraints driven by China's export ban.

Askari Metals supplements its Nejo Gold Project acquisition announcement with detailed drill hole data and confirms the reliability of historical exploration results, while noting compliance limitations.

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.

OD6 Metals has secured regulatory approval to resume exploration at its historic Gulf Creek Copper Project in NSW, with assay results from six completed drill holes expected soon to shape future programs.

Taruga Minerals reports progress on multiple Western Australian exploration licences, highlights promising high-grade rock chip results at Thowagee, and maintains a robust cash balance of $1.8 million as it navigates regulatory challenges in South Australia.

GWR is actively pursuing transformative project acquisitions across global jurisdictions while trading significantly below its cash and investment backing. The company’s robust cash position and critical minerals investments position it well amid shifting global supply dynamics.

GWR Group is actively pursuing a transformative transaction in Western Australia while maintaining a robust cash and investment position of $53.6 million. The company underscores its confidence in tungsten amid tightening global supply.

Bastion Minerals has completed its acquisition of three high-grade Canadian copper projects and raised AUD$1 million to fund exploration, positioning itself as a growing player in the energy transition metals sector.

AusQuest Limited has announced a significant porphyry copper-gold discovery at its Cangallo Project in Peru, marking a potential turning point ahead of an active 2025 exploration calendar. The company also secured $2.4 million in funding to advance drilling programs across its Peru and Australian assets.