Latest Direct Shipping Ore News

OD6 Metals has transformed its portfolio with the acquisition and rapid expansion of the Quinn Fluorspar Project in Nevada, revealing extensive high-grade mineralisation and advancing metallurgical and permitting work.

Black Canyon Limited reports strong assay results confirming shallow, high-grade manganese and iron mineralisation at its Wandanya Project, with expansion drilling extending the manganese horizon 400m south and revealing further targets to the north and east.

Australian Silica Quartz Group (ASQ) has finalized its acquisition of Australian Kaolin, gaining control of the White Swan Kaolin Project with a 47Mt inferred resource and an approved mining plan. The company raised $750,000 to advance development and is targeting export markets in Asia.

Akora Resources has placed the remaining $1.54 million shortfall from its entitlement offer and raised an additional $164,000 in a placement, bolstering funds to advance its Bekisopa iron ore project in Madagascar.

Black Canyon has won a $264,800 WA government grant to fund a detailed gravity survey and deep RC drilling at its Wandanya manganese project, accelerating its path to a maiden resource estimate.

Ore Resources has accelerated its lithium exploration and development at Coolgardie with diamond and RC drilling programs, alongside advancing economic studies and permitting efforts.

MLG Oz Limited has landed a significant A$70 million contract with Develop Global at the Pioneer Dome Lithium Project, marking its entry into Western Australia's emerging lithium sector with a comprehensive mining and crushing services package starting in mid-2026.

Develop Global has locked in a major A$70 million mining contract for its Pioneer Dome lithium project, setting the stage for first sales in the December quarter of 2026. Strong drilling results and a binding offtake deal with Trafigura underpin the project’s fast-tracked development and cashflow outlook.

IRIS Metals posted a $22.3 million loss for FY26, driven by major impairments on exploration assets and elevated share-based payments. The company pivots away from Edison and Tin Mountain projects, focusing on lithium-rubidium in South Dakota and tungsten in Montana.

Polymetals Resources has confirmed that substantial high-grade mineralisation remains intact near a previously assumed collapse zone at the Endeavor Mine, with initial drilling results exceeding expectations.

Akora Resources has completed a $3.3 million equity raise combining a $1.6 million placement and a modest $187,000 entitlement offer, positioning the company to push forward with mine development following its recent mining permit grant.

Ore Resources Ltd has revealed new assay results from a 3,300m RC drilling program at its Kangaroo Hills Lithium Project, confirming significant extensions at the Big Red and Potoroo pegmatites and advancing near-term commercialisation options.