Latest Heavy Minerals News

Chilwa Minerals has successfully raised A$8.125 million through a private placement anchored by the Mota family office, aiming to fast-track its critical minerals project in Malawi.

Diatreme Resources reports significant improvements in mineral recoveries from metallurgical testwork on its Cyclone zircon-rich heavy mineral sands project, enhancing prospects for project development and shareholder value.

ACDC Metals reports compelling mineralogy results from its Goschen Central project, highlighting elevated rare earth element grades that reinforce its economic potential. The announcement coincides with strategic momentum from the Australia-US Critical Minerals Framework, positioning the project as a key player in global supply chains.

Altitude Minerals has acquired the Firenze Silver & Gold Project in Nevada and progressed drilling programs across its Australian tenements, backed by a $3 million capital raise. Assay results from multiple projects are expected soon, positioning the company for a busy exploration year ahead.

Miramar Resources has granted Future Battery Minerals an exclusive option to acquire its Randalls Project for up to A$800,000, enabling a strategic refocus on its core gold and critical minerals assets.

VHM Limited has obtained conditional financial backing of up to A$379 million from Export Finance Australia and the US Export-Import Bank to advance its Goschen Rare Earths and Mineral Sands Project in Victoria.

Connected Minerals reports strong uranium grades from its Etango North-East Project in Namibia and progresses rare earth exploration plans in Western Australia, maintaining a solid financial footing.

Chilwa Minerals has confirmed a significant carbonatite-hosted rare earth element discovery at its Mpyupyu target in Malawi, with initial drilling revealing elevated total rare earth oxide grades. This breakthrough supports the company’s strategy to develop a major rare earth system within its tenements.

Liberty Metals has secured an option to acquire three strategically located critical mineral projects in Brazil, targeting high-purity rutile and rare earth elements. This move positions the company in a Tier 1 mining jurisdiction with promising exploration upside.

MRG Metals reports encouraging early exploration results at its Adriano Rare Earth Project in Mozambique, with all 17 auger drill holes revealing heavy mineral concentrates and pegmatite outcrops suggesting a primary rare earth source. Assay results are pending to confirm the extent and grade of these deposits.

Iron Road Ltd progresses its Central Eyre Iron Project and Mulgathing heavy mineral sands exploration despite subdued iron ore investment and volatile energy costs. Strategic land options secured at Cape Hardy signal potential green hydrogen collaboration.

VHM Limited has secured a significant offtake framework with Mitsui and a US$200 million financing interest from the US Export-Import Bank for its Goschen Rare Earths and Mineral Sands Project, alongside key environmental approvals. These milestones set the stage for a Final Investment Decision in the first half of 2026.