Latest Materials And Mining News

Redcastle Resources has quantified 6,600 ounces of gold already mined and sitting on its ROM pad, but the inventory remains a Mineral Resource rather than an Ore Reserve. The stockpiles are ready to move, although processing arrangements are still being negotiated and mining is currently suspended.

Cobalt Blue has cleared important technical and regulatory hurdles at its Kwinana refinery, but the pre-revenue developer says further funding is needed and auditors flagged material uncertainty over its ability to continue as a going concern. The company reported an A$8.797 million loss for FY2026 despite ending the year with A$4.265 million in cash.

High-Tech Metals has lifted its Mt Fisher gold resource by nearly half, adding a significant underground component beneath the historical pit. This expansion sets the stage for further drilling and development.

IperionX has landed a second U.S. Army task order worth US$11.5 million to expand its industrial-scale titanium manufacturing capacity in Virginia, advancing its integrated powder-to-part platform for defense applications.

Sandfire Resources Ltd (ASX:SFR) posted a 41% revenue jump to $1.65 billion and a 282% surge in net profit to $355.8 million for FY26, driven by strong operational performance and robust commodity prices. The company declared a fully franked 35 Australian cents per share dividend and advanced its Kalkaroo Copper-Gold Project with a $70 million pre-feasibility study underway.

Great Divide Mining Ltd has marked a key milestone by starting gold production and dispatching concentrate shipments from its Challenger Gold Mine, while advancing exploration at Coonambula.

Native Mineral Resources (ASX:NMR) posted its strongest monthly gold production since recommissioning Blackjack, with 763.8 ounces of fine gold in June 2026 and a shift to weekly smelting to support growing volumes.

Cobre Limited has achieved a swift operational turnaround at its Sierra Atacama copper mine, generating positive operating cash flow within two months of assuming control. The company targets a significant production ramp-up supported by capital investments and ongoing optimisation.

IperionX has acquired Covia’s Camden mineral assets adjacent to its Titan Project, consolidating a key U.S. critical minerals province and enhancing its supply chain for heavy rare earths and titanium.

Independent U.S. Army and WMTR testing confirms IperionX's Ti-6Al-4V fasteners outperform high-strength Grade 8 steel in torque-to-yield and tensile strength, underpinning a secure domestic titanium supply chain.

Native Mineral Resources has poured its first 315 ounces of gold doré since restarting mining at Blackjack, signalling a grade uplift and improved production. Meanwhile, the Podosky project advances with site establishment and fleet mobilisation on track for late April ore delivery.

Tesoro Gold has reported exceptional high-grade gold intercepts 400 metres below the existing open pit at its Ternera Gold Deposit in Chile, signalling potential for a significantly longer mine life and an imminent resource upgrade.