Latest Diamonds News

Amara Minerals secured a $2.2 million placement at a 25% premium, with Nova Minerals increasing its strategic investment by $500,000. Meanwhile, Nova Minerals completed its redomiciliation to the US, listing on NYSE American and delisting from ASX.

Stelar Metals has identified widespread tungsten mineralisation at its Hill of Leaders Project in the Northern Territory, dispatching samples for assay and preparing for a July drilling campaign.

Atlas Arteria’s Independent Directors maintain a unanimous rejection of IFM’s $5.10 per security takeover bid, citing undervaluation and insufficient control premium. The company reiterates its 2026 distribution guidance and confirms active asset sale discussions, including Chicago Skyway.

Legacy Minerals has confirmed a new gold-silver epithermal mineralised system at its Mascotte Prospect, with assays showing gold grades up to 9.7g/t Au and significant base metals. The discovery lies entirely outside the current 1.2Moz AuEq Mt Carrington resource, opening the door for resource expansion.

Solstice Minerals has broadened its exploration horizons at the Nanadie Copper-Gold Project in Western Australia, unveiling multiple new targets including the Stark prospect. Ongoing Phase 2 drilling aims to build on the existing 40.4Mt resource, while a strategic review of Eastern Goldfields projects is underway.

Hot Chili Limited has reported a substantial 391.1-metre copper-gold intersection grading 0.51% copper equivalent from surface at its La Verde discovery in Chile, reinforcing the project's potential for a high-grade starter pit within the Costa Fuego copper-gold project.

Sierra Nevada Gold (ASX: SNX) reports 60% completion of its Phase 1 drilling at the As Safra copper-gold project in Saudi Arabia, with promising geological signs and ongoing government backing.

Dart Mining NL is advancing a comprehensive review of its 100% owned tin-tungsten tenements in Northeast Victoria, aiming to unlock value from historic mines as tin and tungsten prices soar.

Great Plains Metals has secured a 51% interest in Godolphin’s Yeoval and Goodrich copper-gold projects and is moving to increase its stake to 70%, committing another $1 million in exploration. Godolphin will continue as operator while drilling progresses, with assay results due by mid-July.

Aruma Resources’ downhole electromagnetic survey at the Tillex Copper-Silver Project reveals a strong, continuous conductor extending along strike and depth, sharpening drill targets ahead of Phase 2.

Ausgold Limited is ramping up its drilling efforts at the Katanning Gold Project with an imminent 25,000m infill program aimed at tightening drill spacing and underpinning early mine life. Recent results confirm robust resource growth potential and support advancing underground mining studies at Datatine.

Cobalt Blue Holdings and Glomar Minerals have shortlisted four US sites and begun testwork for Project Infinity, aiming to build the first commercial polymetallic nodule refinery in the United States.