Latest Materials News

Buxton Resources has sold its 49% interest in the Copper Wolf Project joint venture to IGO for nearly AUD 6 million while keeping full ownership of surrounding prime exploration tenements in Arizona.

Core Energy Minerals (ASX:CR3) has validated significant recoverable rare earth mineralisation at its Tunas Project in Brazil, with leach testwork showing strong recoveries of TREO and MREO. The company plans diamond drilling to explore mineralisation beyond auger limits.

Stakk Ltd anticipates its first operating profit in FY2026, driven by a surge in recurring revenue and major contract wins, with FY2027 revenue projected at $21.8 million based on existing agreements.

Ore Resources has accelerated its lithium exploration and development at Coolgardie with diamond and RC drilling programs, alongside advancing economic studies and permitting efforts.

Nova Minerals has achieved gold recoveries exceeding 95% from low-grade Korbel ore using coarse particle flotation, producing concentrates up to 26.7 g/t Au. This breakthrough could cut costs and unlock more of the resource in its Alaska Estelle project.

Celsius Resources has struck a binding deal to offload its 95% stake in the Opuwo cobalt-copper project in Namibia to Chinalco (Xiong’an) Mining for US$15 million, freeing capital to focus on its Philippine copper-gold assets amid ongoing arbitration.

MLG Oz Limited has landed a significant A$70 million contract with Develop Global at the Pioneer Dome Lithium Project, marking its entry into Western Australia's emerging lithium sector with a comprehensive mining and crushing services package starting in mid-2026.

White Cliff Minerals has expanded the Danvers copper system at its Rae Project, intersecting more than 70 metres of copper sulphides in its first diamond drill hole, refining the geological model and extending the mineralised footprint by 50 metres northeast.

Tivan Limited has engaged Indigenous-owned MDM Mining & Civil under an Early Contractor Involvement contract to optimise the access road design for its Speewah Fluorite Project in WA, supporting the ongoing Definitive Feasibility Study.

Metals Australia’s prefeasibility study for its Lac Carheil Graphite Project in Quebec reveals a strong economic foundation with a pre-tax NPV of AUD 790.8 million and a 22% IRR, underpinning its potential as a significant future graphite supplier.

GoldArc Resources has completed the first phase of a 34,000m grade control drilling program at Mt Stirling, delivering consistent broad mineralisation and higher-grade zones that underpin updated mine models ahead of regulatory approval.

Galilee Energy has raised the drilling derrick at its Zydeco-1 well in Louisiana, marking the last major pre-spud milestone. Drilling is set for early July 2026, aiming at a substantial Gulf Coast gas-condensate resource with rapid commercialisation potential.