Latest Critical Metals News

Rapid Critical Metals has obtained a five-year BC Mines Act Permit for its Prophet River Project in Canada, enabling a maiden drilling campaign targeting critical gallium and germanium deposits amid global supply concerns.

Great Divide Mining Ltd (ASX: GDM) has received its inaugural cash payment from concentrate sales under a 12-month offtake agreement, marking a key step from exploration to production at its Challenger Gold Mine.

Metallium Limited has successfully run three Flash Joule Heating reactors in parallel for 12 hours, hitting key scale-up milestones and setting the stage for commercial metal recovery campaigns.

Temas Resources is on track to fully commission its Ontario metallurgical lab by July 2026, initiating large-scale testing of La Blache project material to refine its proprietary RCL technology and support commercialization.

St George Mining’s initial beneficiation testwork at its Araxá Project in Brazil has delivered high-grade niobium concentrates and a promising rare earth concentrate, validating its dual commodity approach and underpinning next-stage pilot plant plans.

Iltani Resources has reported robust assay results from the first seven holes of its 110-hole drill program at the Orient Silver-Indium Project, confirming broad, high-grade mineralisation that underpins Australia’s largest known silver-indium deposit.

Critical Resources Limited’s initial sampling at the Croesus Project in New Zealand has verified a high-grade gold-antimony system with assays up to 13.3 g/t gold and 6,990 ppm antimony, underpinning its exploration model and setting the stage for follow-up work.

Almonty Industries has closed a US$700 million convertible senior notes offering, including a full US$100 million over-allotment exercise, bolstering its balance sheet to accelerate development of the Sangdong tungsten mine and secure a non-China supply chain for Western defence.

Southern Cross Gold has reported standout drill results from its Sunday Creek project, including a 36.6m intercept at 6.5 g/t AuEq and assays up to 493 g/t gold, while expanding mineralization eastward and near surface. The company’s aggressive 200,000m drilling campaign continues to chart new territory in this critical metals-rich system.

Hammer Metals (ASX:HMX) has voluntarily suspended trading of its shares pending an announcement about a potential material corporate transaction that could change control of the company.

American West Metals has struck a significant continuous 108.4m interval of high-grade indium mineralisation at its West Desert Project, expanding the known resource and confirming a large-scale skarn system with zinc, gold, silver, and copper by-products.

Nimy Resources has identified a 16km gold anomaly corridor at its Mons Project in Western Australia, including the new Corporate James prospect, and is preparing a drill program to test these promising targets.