Latest Diamonds News

Silver Mines Limited is set to commence a 2,000–3,000m diamond drilling program at its recently acquired Elsienora Project, targeting promising silver and gold mineralisation with historic results hinting at McPhillamys-style deposits.

WA Resources Ltd reports significant progress in its West Arunta Project, delivering promising drilling results and metallurgical testwork that pave the way for an updated Mineral Resource estimate in 2025.

International Graphite advances its vision of a fully integrated graphite supply chain in Western Australia, securing significant government funding and delivering promising drilling and testwork results at its Springdale project.

Advance Metals has approved an initial diamond drilling program targeting exceptionally high-grade gold zones at its Myrtleford Project, aiming to unlock significant regional potential following a strategic joint venture acquisition.

DeSoto Resources has secured a strategic manganese project in Brazil and received pioneering drilling approvals in Australia's Northern Territory, setting the stage for significant exploration activity in 2025.

Great Western Exploration has completed initial drilling at its Oval copper-gold target and is advancing approvals for further drilling at its Sumo niobium and Juggernaut VHMS copper-gold targets, while divesting its non-core Yandal West gold project.

Sipa Resources has acquired Buru Energy's 50% stake in the Barbwire Terrace Project, gaining 100% ownership and full operational control. The deal includes a 0.6% Net Smelter Return royalty, positioning Sipa to advance exploration of promising zinc-lead-silver targets in Western Australia.

Michael Hill International reports a 24% drop in comparable EBIT for FY25H1 amid challenging conditions, yet margin improvements and digital growth offer a silver lining.

Stavely Minerals has reported significant progress in its copper and nickel exploration projects, highlighting promising assay results and new structural insights that could unlock major resource expansions.

Godolphin Resources reports significant drilling success at Lewis Ponds with thick massive sulphide intersections and advances its Narraburra Rare Earths project with high-value carbonate samples, supported by a strong capital raise.

Cygnus Metals has reported a significant new copper-gold-silver intersection at its Chibougamau Project, revealing a potential new lode just 250 metres from the main Corner Bay deposit. This discovery underscores the project's exploration upside and resource growth potential.

Horizon Gold advances its Gum Creek Gold Project with ongoing diamond drilling and a major upcoming RC drilling campaign aimed at upgrading its 2.14 million ounce gold resource. The company also strengthens its balance sheet following a strategic share sale.