Latest Materials News

DroneShield is investing $13 million over three years to open a new counter-drone research facility in Adelaide, marking a key step in its global growth and technology development.

Osmond Resources has successfully intersected a highly prospective mineralized layer in its first drill hole at the Orión EU Critical Minerals Project, advancing its critical minerals exploration in Spain. Assay results are expected by the end of October, with further drilling underway.

Gateway Mining has expanded its aircore drilling campaign at the Yandal Gold Project to 44,000 metres, targeting structurally complex shear zones with high gold potential. A diamond rig is set to commence follow-up drilling shortly.

Xenora Minerals has identified new high-priority lithium drilling targets at its Dudley Project following an independent geochemical review, with infill sampling set for October and an expanded drilling campaign planned for early 2026.

Sarytogan Graphite Limited has reported strong high-grade graphite intersections from its latest drilling campaign in Kazakhstan, reinforcing its position as the world’s highest-grade graphite resource. These results underpin an upcoming resource and reserve upgrade feeding into the ongoing Definitive Feasibility Study.

Krakatoa Resources is rapidly advancing exploration at its Zopkhito Gold and Antimony Project in Georgia, with underground core sampling and a two-rig diamond drilling program targeting a maiden JORC-compliant resource. The project’s strategic location offers a rare European source of critical minerals amid global supply concerns.

Fortescue Ltd has initiated a US$600 million tender offer to repurchase select senior notes, aiming to streamline its debt profile and support sustainability financing efforts.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Magmatic Resources has responded to ASX queries over a recent spike in its share price and trading volume, confirming no undisclosed information exists. The company points to pending assay results from its Weebo Gold Project drilling as the likely catalyst for market interest.

Renegade Exploration Limited has had its trading suspension lifted following an announcement on the status of its recently lodged mining claims, signaling renewed market activity.

Renegade Exploration Limited has encountered competing mining claims over its recently staked ground in California’s Mountain Pass, prompting investigations into claim validity and potential legal action.

Delorean Corporation has clarified the timing and rationale behind its delayed disclosure of a $3.3 million profit reduction linked to grid connection delays on its Yarra Valley Water project.