Latest Heavy Minerals News

Liberty Metals has completed the acquisition of a 100% interest in a suite of Brazilian critical minerals projects, marking a significant strategic expansion into titanium and rare earth elements. The company also rebranded and initiated exploration programs to unlock value in these high-potential assets.

Diatreme Resources has completed the sale of its Clermont Copper/Gold Project, retaining a significant stake in the new ASX-listed Moonlight Resources, while progressing metallurgical improvements and environmental approvals on its critical minerals projects.

Aruma Resources has executed binding agreements to acquire a major stake in the Tillex Copper Project in Ontario, complementing strong drilling results from its Australian copper assets and raising $3.5 million to fund exploration.

Sinowin Lithium, MRG Metals’ joint venture partner, aims to kick off production at the massive Corridor Sands Heavy Mineral Sands Project in Mozambique by March 2027, backed by significant early investment and regulatory approvals.

Ark Mines has made significant strides in advancing its Sandy Mitchell Rare Earths Project, initiating a full-scale processing trial and securing critical environmental approvals, setting the stage for production by late 2027.

Image Resources NL reported a strong finish to 2025 with record heavy mineral concentrate production and sales, alongside promising developments in its gold exploration and synthetic rutile innovation.

Fortuna Metals has confirmed significant high-grade rutile mineralisation at its newly acquired Mkanda project in Malawi, supported by a successful A$3.5 million capital raise to advance exploration.

Iluka Resources has reported a significant 19% increase in heavy mineral tonnage at its WIM100 deposit in western Victoria, enhancing the resource confidence and supporting its rare earths supply ambitions for the Eneabba refinery.

Iluka Resources is set to report a hefty $565 million pre-tax charge in FY25, driven by impairments and inventory write-downs amid ongoing weak demand for mineral sands products.

Iron Road Ltd maintained modest spending on its Central Eyre Iron Project while progressing exploration at the Mulgathing Project, with key drilling results awaited. The company also updated its strategic land options at Cape Hardy amid subdued steel market conditions.

Altitude Minerals has bolstered its exploration portfolio with strategic acquisitions in Nevada and New South Wales, commencing extensive drilling programs while maintaining a solid cash position of $1.9 million.

Bubalus Resources has completed its maiden drilling program at the Avon Plains Gold Project, with assay results due soon, while advancing exploration across multiple Victorian and Northern Territory projects.