Latest Diamonds News

Li-FT Power Ltd. has secured a C$20 million bought deal public offering priced at C$2.90 per share, aimed at funding care and maintenance for the Renard option period and general working capital. The deal includes a 15% over-allotment option and anticipates participation from cornerstone investor Avenir Minerals.

Killi Resources has kicked off a major drilling campaign at its Lodestone Iron Ore Project, aiming to grow and upgrade its 110Mt resource of high-purity magnetite expected to command a price premium.

White Cliff Minerals has significantly expanded high-grade copper mineralisation at its Danvers 3 target within the Rae Copper Project, with step-out drilling returning 42 metres at 1.43% copper and visual sulphides now confirmed over nearly 10km of strike.

St Barbara Limited is ramping up its gold exploration in Nova Scotia, increasing its FY27 budget by 64% and doubling its exploration team to accelerate resource growth near the 15-Mile Processing Hub.

Forrestania Resources has upgraded the British Hill gold deposit resource to 126,290 ounces, more than doubling the previous estimate and significantly increasing the higher-confidence Indicated category. Ongoing drilling and development studies aim to further enhance the project’s value within the Forrestania Hub.

Arcadia Minerals has identified multiple promising drill targets at its Tantalite Valley Complex in Namibia, leveraging historical data and new geological modelling. Scout diamond drilling is planned, pending funding, to test these ultramafic-hosted targets with nickel, copper, PGE, lithium, and tantalum potential.

WA Gold's latest assays from seven diamond drill holes at Abercromby reinforce the continuity of a high-grade gold system over 500m, underpinning a promising resource development phase.

Matsa Resources has delivered further robust gold intercepts from its ongoing diamond drilling at Fortitude North, Lake Carey, confirming multiple thick, high-grade lodes and setting the stage for an expanded drilling campaign.

Southern Cross Gold has updated its Sunday Creek project’s Exploration Target to between 3.0 and 4.6 million ounces gold equivalent, supported by ongoing drilling and promising metallurgical results.

Kalgoorlie Gold Mining’s recent reverse circulation drilling at Kirgella Gift and Providence reveals broad, thick gold zones extending beyond the current resource estimate, reinforcing the Pinjin Project’s potential for growth.

Iceni Gold Limited has secured $700,000 through a placement supported by strategic investor Gold Fields, which now holds about 9.5% of the company. The funds will accelerate exploration at key prospects within its 14 Mile Well Gold Project in Western Australia.

Kuniko Limited has secured A$1.30 million through a well-supported placement to advance its Commonwealth-Silica Hill gold-silver project in NSW, underpinning a Phase 2 drilling campaign targeting resource growth and exploration across a district-scale system.