Latest Diamonds News

Golden Globe Resources has successfully completed an oversubscribed $8.5 million IPO and immediately commenced a significant drilling program at its flagship Dooloo Creek project in Queensland. The company is advancing exploration with a new geological model targeting high-grade gold and copper mineralisation.

West Coast Silver has completed a significant phase of drilling at its Elizabeth Hill Silver Project, revealing visible native silver in multiple holes and securing $3.2 million in fresh capital to advance exploration and processing studies.

Prodigy Gold NL reported significant gold intercepts from its Tanami North Project, alongside environmental baseline studies and a new 3D structural collaboration with CSIRO, positioning the company for future mining development.

The ASX has released its latest list of entities suspended from trading for over three months, highlighting looming deadlines for report lodgement and trading resumption plans. Failure to meet these deadlines could lead to removal from the official list.

Red Hill Minerals has completed its inaugural diamond drilling campaign at the Broken Hill Project, revealing extensive lead-zinc-silver mineralisation, particularly at the Dementus Target, underscoring the project's Tier 1 potential.

Gibb River Diamonds reports completion of ore processing at Three Mile Hill and ongoing operations at Lakewood, recovering significant gold ounces and generating early revenue. Mining challenges at Neta Pit have impacted grades but are partly offset by increased tonnage and gold prices.

Sentinel Metals has uncovered detailed geological logs and core from six historical diamond drill holes at its Columbia Gold Project, providing fresh insights that are refining its maiden drilling plans set for March 2026.

InVert Graphite has completed its maiden drilling program at the Kumba deposit in Tanzania, revealing wide zones of high-grade graphite near surface and positioning the Morogoro Project for further advancement.

Odyssey Gold Limited has reported further drilling success at its Tuckanarra Gold Project in Western Australia, extending mineralisation beyond existing resource boundaries. The latest results highlight promising gold intercepts at the Cable and Bollard deposits, supporting potential resource growth.

Enova Mining has completed over 65% of its diamond drilling program at the East Salinas rare earth project in Brazil, with initial assay results expected by early February. The drilling targets high-grade rare earth mineralisation across multiple prospects, aiming to confirm continuity and support resource development.

PMET Resources has reported its highest-grade lithium intercepts to date from the Vega Zone and announced a new high-grade lithium-tantalum discovery at the Helios Zone within its Shaakichiuwaanaan Property in Quebec. The extensive 2025 drilling campaign further cements the project’s status as a critical mineral hub in North America.

Core Lithium has unveiled an optimised mine plan for its Grants deposit that promises earlier ore production and a $35-45 million reduction in pre-production capital. The company also reported a significant increase in its Finniss Project Ore Reserve and is advancing towards a Final Investment Decision amid improved lithium market conditions.