Latest Indium News

Coherent delivered US$2.37 billion in fiscal first-quarter revenue and raised its fiscal 2027 pro forma growth outlook above 60%, helped by a sharp increase in datacentre and communications demand. The photonics company also flagged a five-year PhotonLink agreement valued at about US$20 billion, although meaningful revenue from that deal is not expected until early calendar 2028.

Marvell is seeking to absorb Lumentum in a US$115 billion all-stock deal that would unite electrical interconnect, lasers and optical networking under one roof. The companies are pitching a US$550 billion addressable market and more than US$1 billion in annual synergies, but completion remains well into the future and subject to regulatory and shareholder approval.

Iltani Resources has reported its thickest-ever Orient intercept, with 106m at 143 g/t silver equivalent from shallow depth in Orient East. Further results also broaden the southern and eastern targets ahead of a resource update and a planned 145-hole follow-up program.

Koba Resources has reported a 29-metre tin intersection grading 1.2% near the historic Gilmore Tin Mine in North Queensland, alongside tin mineralisation extending across 2km at Stannex. The company has started another 3,000m drilling program, but held only $1.97 million in cash at quarter-end and expects to seek equity funding.

American West Metals has completed the technical work for its Storm Copper Project pre-feasibility study and maiden Ore Reserve, while drilling at West Desert continues to widen a copper, zinc and molybdenum system in Utah. The milestones arrive with A$5.453 million in cash and an estimated 1.58 quarters of funding at the quarter-end spending rate.

Green & Gold Minerals has identified follow-up targets across Copper Hills, Elizabeth Bluffs and Mt Wandoo after a quarter of strong polymetallic and gold exploration results. The company held $2.268 million in cash at quarter-end, with assays from the latest 3,000-metre Mt Wandoo program expected from late November.

Iltani Resources reported 59 substantial silver-equivalent intercepts at its Orient project during a busy September quarter, including several exceptionally high-grade zones. The explorer also completed a $4.6 million placement after quarter-end, giving its next drilling and metallurgical work a stronger funding base, while adding dilution and options to the capital structure.

Zinc of Ireland has reported average recoveries of 93% silver, 97% lead, 58% zinc and 80% copper from three zinc leach residue sources as it accelerates ARGO toward a pilot plant in early 2027. The company also completed an A$3.2 million placement, while critical-mineral recoveries and commercial-scale milestones remain outstanding.

Ballymore Resources has reported further high-grade silver-lead-zinc-indium mineralisation at Torpy’s while advancing underground work and exploration at Dittmer. The stronger exploration picture comes with a sharper funding question: the company held $2.67 million in cash at quarter end, equivalent to an estimated 1.2 quarters of funding at the reported spending rate.

Raptor Metals has returned broad copper-rich and polymetallic assays from archived Chester core, including up to 32 metres at 1.38% copper. The results will feed an updated resource estimate, but they remain downhole results from within the existing resource footprint rather than a new resource declaration.

Tartana Minerals has reported striking reconnaissance assays from historic workings across its Far North Queensland portfolio, led by 26.7% copper at Ortona. The results broaden the exploration pipeline, but follow-up mapping and drilling are still needed to establish continuity and scale.

Zinc of Ireland has secured firm commitments for a $3.2 million placement to fund ARGO critical-mineral recovery work, VOLTA battery-recycling development and drilling at Kildare. The raise gives the company a defined execution schedule, but adds 180 million new shares before several commercial milestones remain unproven.