Latest Heavy Minerals News

Astron Limited has completed a Bankable Feasibility Study for Phase 1 of its Donald Rare Earth and Mineral Sands Project, confirming robust economics and advanced financing talks ahead of a targeted Q2 2026 Final Investment Decision.

Reward Minerals has expanded its Mountain Pond Gold Project in Newfoundland by acquiring a new mineral licence adjoining the Jackpot Prospect, setting the stage for maiden drilling in 2026. This strategic consolidation unlocks a highly prospective fault zone with historic gold and multi-element anomalies but no prior drilling.

McLaren Minerals has identified a vast 54-kilometre zircon-rich mineral sands system with promising rare earth element potential at its Barossa Project in South Australia’s Eucla Basin. Historical data and geological reinterpretation reveal multiple mineralised centres, setting the stage for further exploration.

VHM Ltd has secured board approval to develop its Goschen Rare Earths and Mineral Sands Project at full capacity, signalling a strategic pivot to meet surging global demand for critical minerals.

Diatreme Resources has reported a significant boost in mineral recoveries and production forecasts for its Cyclone Project in Western Australia, driven by advanced metallurgical testwork and flowsheet optimisation.

Image Resources NL has extended its prepayment facility term to December 2026 and negotiated a six-month repayment holiday to ease cashflow pressures amid a soft mineral sands market.

McLaren Minerals has revealed promising high-grade heavy mineral results from its newly acquired Barossa Project in South Australia's Eastern Eucla Basin, highlighting significant zircon and ilmenite content. The company plans follow-up exploration in 2026 to expand and validate these findings.

Lion Rock Minerals has reported promising high-grade rutile intercepts across a 24-kilometre strike at its Minta Project in Cameroon, advancing towards a maiden Mineral Resource Estimate expected in the second half of 2026.

MRG Metals confirms robust rare earth oxide mineralisation at its Garies project in South Africa, hitting a peak 4.49% TREO over 6.6 metres. This breakthrough drilling result underscores the project's potential as a critical supplier of magnet rare earths vital for clean energy technologies.

Ark Mines Limited has secured a crucial mining licence for its Sandy Mitchell Rare Earths Project in North Queensland, marking a key step toward development and commercialisation.

PTR Minerals reports promising initial metallurgical test outcomes and consistent high-grade drilling at its Rosewood Titanium Project, setting the stage for a maiden resource estimate in Q2 2026.

Heavy Minerals Limited has defined a substantial garnet exploration target at the Kanmantoo site in South Australia, estimating up to 50 million tonnes grading 17-25% garnet. The company is advancing metallurgical testing and funding discussions, positioning for a near-term investment decision.