Latest Heavy Minerals News

Liberty Metals has exercised its option to acquire full ownership of a strategically significant portfolio of Brazilian critical minerals projects, positioning itself firmly in the global supply chain for titanium and rare earth elements.

Fortuna Metals has confirmed a significant rutile discovery at its Mkanda project in Malawi, with high-grade drill results reaching up to 2.21% rutile over wide intervals. This discovery, adjacent to a world-class deposit, signals strong potential for a large-scale titanium feedstock resource.

Osmond Resources has reported strong assay results from its third drill hole at the Orión EU Critical Minerals Project, reinforcing the potential for a globally significant deposit of titanium, zirconium, and rare earth elements. The findings support ongoing development plans targeting EU supply chain needs.

Altitude Minerals has confirmed promising heavy mineral sands prospectivity at its Nilpinna Tenement in South Australia, with assays revealing heavy mineral grades as high as 12.5%. The discovery opens a new frontier for exploration in the Eromanga Basin.

Lion Rock Minerals has released previously withheld assay results from its Minta Project following an ASX price query, while highlighting a strategic shareholder's major financing announcement that may have influenced recent trading.

Lion Rock Minerals confirms significant high-grade rutile mineralisation across its expansive Minta Project in Cameroon, while strategic partner Tronox Holdings gains conditional US-Australian government financing to advance rare-earth ambitions.

MRG Metals has extended its rare earth alluvial footprint at the Adriano project in Mozambique, revealing promising heavy mineral concentrations that hint at a district-scale mineralised system.

MRG Metals has reported strong laboratory results from 37 auger drillholes at its Adriano Rare Earth Project in Mozambique, confirming significant alluvial deposits with Total Heavy Mineral grades up to 9.56%. These findings bolster the potential for a district-scale rare earth system across the Adriano–Fotinho corridor.

Dome Gold Mines Ltd is launching a $7 million convertible note offering aimed at funding key developments in its Fiji mining projects, including the Sigatoka feasibility study and exploration programs.

Osmond Resources has affirmed the materiality of recent drilling results at its Orión EU Critical Minerals Project in Spain, clarifying the timing of its disclosures following ASX inquiries. The findings suggest a potentially large-scale heavy mineral deposit rich in valuable minerals.

PTR Minerals has successfully raised $12 million through a share placement to accelerate development and exploration at its Rosewood Titanium and Muckanippie Heavy Mineral projects in South Australia.

Core Energy Minerals Ltd has struck a binding deal to acquire the Itambe Rare Earth Project from Rio Tinto, unlocking a district-scale opportunity in Brazil with soil assays revealing rare earth oxide concentrations exceeding 5,000ppm.