Latest Defense News

Nova Minerals has secured a critical land use permit for an antimony refinery at Port MacKenzie, Alaska, backed by a US$43.4 million award from the U.S. Department of War. The company aims to produce military-grade antimony by 2026/27, positioning itself as a pivotal domestic supplier in the U.S. critical minerals market.

Locksley Resources has expanded the Desert Antimony Mine target at its Mojave Project by 400%, revealing a new parallel structural zone and boosting the project's potential as a critical U.S. minerals hub.

EV Resources Limited is rapidly advancing its Los Lirios Antimony Project in Mexico, unveiling extensive mineralisation and preparing for maiden drilling amid critical global supply pressures.

GQG Partners reported a decline in funds under management to US$167.2 billion as net outflows hit US$1.7 billion in September, reflecting cautious investor sentiment amid market volatility.

Pioneer Lithium has expanded its US critical minerals portfolio by staking 111 claims across Idaho and Wyoming, targeting antimony, tungsten, and uranium in strategic mining districts. This move positions the company within key US government-prioritized minerals essential for energy security and clean technology.

Locksley Resources has produced a high-grade antimony concentrate exceeding market standards from its Desert Antimony Mine in California, marking a significant step toward a fully domestic US antimony supply chain.

EV Resources has entered a binding agreement to sell its Khartoum Project to Koba Resources for $700,000 cash plus a royalty, marking a strategic pivot towards its antimony assets and US critical minerals ambitions.

European Lithium Limited has sold 3 million shares of Critical Metals Corp. at a 10% premium, raising US$21 million and underscoring the strong value of its CRML stake.

Felix Gold Limited reports strong new assay results confirming high-grade antimony extensions at its NW Array prospect in Alaska, advancing plans for near-term production aligned with U.S. critical mineral priorities.

Nanoveu’s subsidiary EMASS has initiated live flight tests using the Crazyflie nano-drone to validate simulation results showing over 50% endurance gains from its ECS-DoT AI chip. These trials aim to confirm real-world energy savings and autonomous navigation capabilities with minimal sensors.

Brazilian Rare Earths Limited (ASX – BRE) has announced a maiden JORC-compliant Mineral Resource Estimate for its Amargosa Bauxite-Gallium Project in Bahia, Brazil, revealing a substantial deposit with high-quality bauxite and significant gallium content.

Locksley Resources has gained critical regulatory approval and secured contractors to advance its Mojave Project, accelerating exploration of antimony and rare earth elements in California.