Latest Critical Minerals Sector News

Cygnus Metals has lodged its draft scheme booklet with ASIC, moving closer to a planned acquisition by Central Asia Metals. Regulatory approvals in North Macedonia are complete, with Kazakhstan clearance still pending.

Ardea Resources has reinforced the Kalgoorlie Nickel Project's Goongarrie Hub as a critical global nickel-cobalt source with a 6.1 million tonne contained nickel resource and a fully funded $98.5 million Definitive Feasibility Study backed by Japanese partners and multi-jurisdictional government support.

Stelar Metals has fast-tracked exploration at its newly acquired Hill of Leaders Tungsten Project in the Northern Territory, reporting multiple high-grade tungsten assays exceeding 1% WO₃ and preparing for its maiden Reverse Circulation drilling campaign.

QMines Limited has locked in a $15 million strategic funding package with QIC to fully finance its Mt Chalmers Definitive Feasibility Study, while completing a substantial drilling campaign at Mount Mackenzie and launching a major 10,000m drill program at Mt Chalmers.

Omnia Metals has made a strategic leap into the US critical minerals market by acquiring the Stibnite Ridge antimony and silver project and directly staking the Radix rare earth and gallium project in Montana. Supported by a $1.5 million placement, the company completed maiden field programs and secured key assay results that set the stage for follow-up exploration.

Connected Minerals has secured shareholder and regulatory approvals to acquire Frontier Group, gaining an 80% stake in Angola’s Bailundo Carbonatite Project with expanded mineral rights including niobium and rare earths. Completion is imminent as exploration activities ramp up.

Lightning Minerals has executed a strategic reset focusing on Australian gold and critical minerals, securing $1.85 million to accelerate exploration at its flagship Mt Turner and Warby Tungsten projects. Key technical milestones include an independent petrology study validating Mt Turner's gold system and promising tungsten assay results at Warby.

Ragusa Minerals has secured a controlling stake in Pegasus Tel Inc., gaining the Purple Pansy manganese-gold project in Arizona. Recent surveys and assays highlight promising high-grade manganese and gold mineralisation, positioning the company in a strategically important US critical minerals sector.

St George Mining has delivered its most impressive drill results yet at the Araxá Rare Earths and Niobium Project, revealing a new record intercept of 207 metres of continuous high-grade mineralisation from surface. These findings bolster the case for a straightforward open-pit operation and reinforce Araxá’s status as South America’s largest, highest-grade carbonatite-hosted rare earth resource.

Noronex Ltd has secured a major foothold in the US critical minerals sector by acquiring the Sleitat Tin-Tungsten-Silver Project in Alaska, featuring a substantial historic tin estimate and promising exploration upside.

Enova Mining's latest drilling at Charley Creek in the Northern Territory has validated multiple thick zones of rare earth mineralisation hosted in saprolite, with assays hitting up to 8,218ppm TREO and strong neodymium-praseodymium ratios.

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.