Latest Critical Minerals News

Verity Resources has confirmed a new mineralised gold zone at its Monument Gold Project in Western Australia and successfully raised approximately $600,000 through a recent rights issue, positioning the company for further exploration and development.

Venus Metals Corporation reports compelling gold assay results from its Henderson and Sandstone projects, alongside advancing mining lease applications and maintaining a robust cash position of $12.4 million.

ABx Group reports significant progress in its rare earths and bauxite ventures, including enhanced geological models and pilot plant developments supported by key partnerships and government backing.

Axel REE Limited reports a breakthrough in its Brazilian exploration with record high-grade rare earth and gallium assays at the Caladão Project, expanding the mineralised area significantly and securing funding to advance resource definition.

Nimy Resources advances its Mons Project with significant high-grade copper and gallium mineralisation confirmed at Masson and Block 3 East prospects, supported by a successful capital raise and a CSIRO research grant.

IRIS Metals has completed key drilling programs at its South Dakota lithium projects and successfully raised $8 million, positioning itself to deliver its maiden mineral resource estimate for the Beecher Project in early 2025.

New Frontier Minerals Limited has reshaped its portfolio by divesting the Cangai Copper Mine and acquiring the highly prospective Harts Range Project, positioning itself at the forefront of critical mineral exploration.

Sayona Mining Limited has reported compelling high-grade lithium results from 57 new drill holes at its Moblan Lithium Project, underscoring the potential to upgrade and expand its mineral resource base.

Australian Critical Minerals reports significant high-grade iron ore results from its Shaw and Cooletha Projects in the Pilbara, highlighting strong Direct Shipping Ore potential and strategic leadership additions.

First Graphene Limited reports a robust December quarter with new patents, expanded distribution networks, and advancing commercial trials, positioning the company on a path to cash breakeven.

Everest Metals Corporation is issuing $720,000 in Junior Minerals Exploration Incentive credits to shareholders from its recent $2.4 million capital raising, offering a 30% effective tax credit on investments made during FY24.

Summit Minerals reports significant progress at its Equador Niobium and Tantalum Project, highlighted by strong assay results and permit submissions, while temporarily suspending drilling at its newly launched Barra Lithium Project due to mechanical setbacks.