Latest Critical Minerals Sector News

IRIS Metals has appointed Simon Iacopetta as Strategic Advisor and promoted Chris Evans to Executive Chairman, signalling a sharpened focus on expanding its critical minerals portfolio in North America.

Coppermoly Limited's Managing Director and CEO Dickson Leah has resigned for personal reasons but will oversee a handover as the board searches for a successor. The company continues to focus on its expanding copper, gold, and critical minerals portfolio across Queensland and Western Australia.

iTech Minerals has delivered a standout drill intercept of 36m at 5.6 g/t gold and 1.2% antimony at its Sabre Prospect in the Northern Territory, reinforcing the potential scale and grade of the Reynolds Range Project.

Connected Minerals Ltd has successfully raised $4.5 million through a placement, clearing the final hurdle to acquire an 80% stake in the Bailundo carbonatite project in Angola.

EQ Resources (ASX:EQR) posted a July 2026 production surge that lifted revenue to a new high of A$51 million, driven by strong output and prices at its Australian and Spanish mines.

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.