Latest Heavy Mineral Sands News

Energy Fuels Inc. reported a transformative 2024 with a major acquisition boosting its heavy mineral sands assets, a uranium production ramp-up at key US mines, and commercial rare earth oxide output from its White Mesa Mill.

Tusker Minerals has agreed to sell its Malawian rare earth assets to AuKing Mining for up to A$4.85 million, while retaining key rutile projects and upside exposure through equity stakes.

MRG Metals has secured $725,000 through a placement and initiated a $750,000 Share Purchase Plan to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and exploration in Mozambique.

PTR Minerals has bolstered its leadership team by appointing mineral sands veteran Colin Bwye as Non-executive Director and elevating Rob Sennitt to Managing Director, aligning with its push to develop the high-grade Rosewood Titanium Project in South Australia.

MRG Metals has secured $800,000 through a placement and board commitment to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and advance exploration in Mozambique.

Dome Gold Mines (ASX:DME) is raising up to AUD 2 million through unsecured convertible notes to accelerate its Sigatoka feasibility study, mining lease application, and copper-gold exploration amid rising metal prices.

Chilwa Minerals’ Phase I drilling at Mpyupyu West has confirmed a continuous, free-dig saprolite mineralisation from surface across a 17 km² target, advancing the company’s largest heavy mineral sands prospect in Malawi.

Tusker Minerals has inked a binding deal to sell its Machinga Rare Earth Elements project in Malawi to AuKing Mining for up to A$4 million, freeing capital to concentrate on its high-grade rutile and heavy mineral sands assets.

Chilwa Minerals has more than doubled its Mpyupyu heavy mineral sands resource to 109.6 million tonnes, defined a maiden niobium-rare earths exploration target at Nakombe, and progressed its planned Nasdaq dual listing with the SEC.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate for its Rosewood Titanium Project, highlighting a large, high-grade heavy mineral deposit with strong metallurgical potential and strategic team expansions.

Heavy Minerals Limited’s Pre-Feasibility Study for its Port Gregory Garnet Project delivers a robust 24-year mine life with a maiden Ore Reserve and a post-tax NPV of A$322.8 million, highlighting a low-capital, high-return industrial mineral operation.

Aruma Resources has reported multiple wide, high-grade copper-silver intersections from its maiden diamond drilling at the Tillex Project in Ontario, validating the deposit's scale and continuity. A downhole electromagnetic survey corroborated a strong, continuous conductor, and a 3,600m Phase 2 drilling campaign is now underway targeting extensions.