Latest Critical Minerals News

FMR Resources has started drilling at Target K within the Southern Porphyry system of its Llahuin Project JV in Chile, aiming to test a key 500-metre corridor between previous targets. This move follows detailed integration of geological and geophysical data refining the exploration model.

Xenora Minerals has identified a significant new lithium anomaly at its Dudley Lithium Project in South Australia, using improved geochemical sampling methods. The company plans to commence drilling in June 2026 to test these promising targets.

Enova Mining's latest drilling at East Salinas, Brazil, confirms significant rare earth element mineralisation in surface clays, with promising leach recoveries pointing to a cost-effective extraction pathway.

PMET Resources has announced a significant capital raise of up to C$130 million through a public offering and a flow-through private placement to advance its Shaakichiuwaanaan critical minerals project in Quebec. The funds will support updated feasibility studies and exploration, aiming to de-risk the path to a Final Investment Decision.

Elevra Lithium has signed a non-binding MoU to supply up to 144,000 tonnes of spodumene concentrate annually to Mangrove Lithium, supporting a new Canadian lithium conversion facility and strengthening domestic battery material production.

Tungsten Mining has completed a $53 million placement, oversubscribed by institutional investors, positioning the company to accelerate development of its key tungsten projects. The funds will support exploration and feasibility studies with results expected later this year.

Australian Mines Limited has reported outstanding near-surface scandium assay results from its Flemington Project, revealing significant potential to expand its existing resource. Follow-up drilling and an updated scoping study are set to advance this strategic critical minerals asset.

Flynn Gold has reported exceptional tungsten assays up to 14.75% WO3 at its Gorge Creek Prospect in northeast Tasmania, alongside elevated precious metals. The discovery opens a new chapter in the company’s critical minerals exploration, with drilling planned at multiple projects.

Locksley Resources has identified the Beefeater Shear, a significant new structural corridor at its Mojave Project, promising to expand high-grade antimony targets. Detailed underground mapping at the Desert Antimony Mine reveals fresh opportunities for resource growth.

West Cobar Metals has confirmed that antimony grades at its Bulla Park project in NSW are higher than previously reported, thanks to a new assay method. This discovery could enhance the deposit’s value amid rising demand for critical minerals.

Fortuna Metals has reported significant high-grade rutile mineralisation at its Mkanda project in Malawi, with assays from 96 drill holes revealing a mineralised footprint extending over 25km. The Malawi government has confirmed the company’s exemption from raw mineral export restrictions, supporting its in-country beneficiation plans.

Kuniko Limited has identified a 4-kilometre gold-silver mineralised corridor at its Commonwealth Project in NSW, with multiple high-priority drill targets defined by advanced geophysical modelling. The company is poised to start its maiden diamond drilling program imminently.