Latest Critical Minerals News

Red Mountain Mining is making significant strides in its US critical minerals portfolio, reporting strong antimony assay results and gearing up for extensive exploration programs. The company’s projects align closely with US and Australian government initiatives to secure domestic critical metal supplies.

Calix Limited reported a solid 21% revenue increase for the half-year ending December 2025, but losses ballooned by 250%, raising questions about the path to profitability.

Dreadnought Resources has identified seven large-scale gold prospects at its Mangaroon Gold Project in Western Australia, setting the stage for drilling campaigns in the second half of 2026. Early soil sampling reveals extensive gold anomalies, signalling promising exploration upside.

Morella Corporation has raised A$2.1 million through a placement to fund drilling at its Mt Edon Rubidium–Lithium Project, marking a key step toward defining a maiden mineral resource estimate.

Lodestar Minerals has reported high-grade heavy rare earth element assays up to 3.73% TREO from its Virgin Mountain project in Arizona, significantly surpassing previous results and highlighting its strategic potential in the US critical minerals landscape.

Metal Bank Limited has intersected thick, high-grade near-surface graphite adjacent to its Millennium copper-cobalt-gold resource in northwest Queensland, potentially adding a valuable critical mineral to the project.

Locksley Resources has initiated diamond drilling at its Desert Antimony Mine in California, aiming to expand known high-grade mineralisation and support US critical minerals supply chains.

Resolute Mining has outlined its 2026 production guidance targeting up to 275,000 ounces of gold and revealed ambitious plans to more than double output by 2028 through key African project expansions.

Osmond Resources has partnered with Técnicas Reunidas to establish the European Union’s first vertically integrated rare earth production facility, aiming to reduce reliance on imports and boost local supply chains.

Diablo Resources’ initial soil sampling at the Star Range Project in Utah reveals a significant silver-antimony anomaly extending over 1 km and remains open-ended, supported by high-grade rock samples. The company advances toward maiden drilling with geophysical data pending.

Gold Mountain Limited has announced a significant rare earth element discovery at its Capivara Prospect in Brazil, revealing strong mineralisation from surface and plans for resource drilling.

Viking Mines has completed due diligence on its Nevada tungsten portfolio, confirming high-grade mineralisation and fast-tracking acquisition and exploration to meet urgent US supply needs.