Latest Diamonds News

Coda Minerals has significantly enhanced the economic outlook of its Elizabeth Creek Copper-Cobalt Project, with a pre-tax NPV7 rising to $1.18 billion and a post-tax NPV7 increase of 57% to $802 million. The company also secured $5.1 million in fresh capital to accelerate exploration and drilling activities in 2025.

PolarX Limited's latest quarterly report reveals significant extensions of high-grade copper mineralisation at its Caribou Dome Copper Project, deepening the resource to over 300 metres and enhancing prospects for underground mining.

Firetail Resources reports strong drilling results at its Skyline Copper Project in Newfoundland and gains strategic support through the BHP Xplor 2025 program, positioning the company for accelerated exploration growth.

Solis Minerals is gearing up to commence drilling at multiple copper projects in Peru’s Coastal Belt in early 2025, following promising geophysical surveys and expanded land holdings.

Orion Minerals advances its Definitive Feasibility Studies for the Flat Mines and Prieska Copper Zinc projects, with independent reviews underway and production targeted for 2026.

Power Minerals has made significant progress with its maiden diamond drilling program at the Niobio Project in Brazil, while deciding not to proceed with the Tântalo Project acquisition due to access issues. The company also settled outstanding debts with Ultra Lithium, positioning itself for focused growth in South America.

Berkeley Energia reports promising lithium and rubidium mineralisation at its Conchas Project while advancing a $1 billion arbitration claim against Spain over regulatory setbacks at Salamanca.

Lachlan Star Limited has reported promising high-grade copper mineralisation from its maiden diamond drilling program at the Basin Creek prospect in New South Wales, confirming broad zones of copper sulphides and outlining significant exploration upside.

Winsome Resources has filed a key Technical Report for its Adina Lithium Project and extended payment terms for the Renard Operation acquisition, marking significant progress in project development and regulatory engagement.

ActivEX Limited reported robust exploration progress in Q4 2024, highlighted by significant high-grade gold intercepts at Mt Hogan and the securing of a rare earth elements tenement at Doonkuna. The company maintains a cautious cash position supported by a substantial loan facility.

Many Peaks Minerals has reported significant drilling progress and new high-grade gold targets at its Côte d'Ivoire projects, supported by strong financial backing and strategic leadership appointments.

Green Technology Metals (ASX: GT1) secures a Letter of Interest for up to C$100 million financing from Export Development Canada, underpinning its Seymour Lithium Project and advancing drilling and development across its Ontario lithium hubs.