Latest Materials News

TG Metals Limited has raised $4 million through a strongly supported placement to fast-track drilling and exploration at its Van Uden Gold Project in Western Australia’s Forrestania Greenstone Belt.

TG Metals Limited has clarified that its recent share price and volume spike is linked to Forrestania Resources acquiring a near 10% stake, while metallurgical test results are expected shortly.

Enegex Limited has voluntarily suspended trading on the ASX as it prepares to announce a significant acquisition and capital raising, heightening market anticipation.

Reece Limited has announced a $250 million off-market share buy-back priced between $11.00 and $13.00 per share, signaling confidence in its long-term strategy while maintaining financial flexibility.

ADX Energy has secured a pivotal court ruling that allows it to resume drilling and testing at its Welchau-1 well in Austria, overcoming environmental objections and strengthening its exploration prospects.

Nimy Resources has launched a $2.5 million Share Purchase Plan offering shares at a 15.28% discount to eligible shareholders, aiming to accelerate copper exploration and finalize a gallium resource.

Andromeda Metals has responded to ASX queries regarding its commissioned East Coast Research report, clarifying compliance with disclosure rules and differences in project assumptions.

Core Energy Minerals has appointed Anthony Greenaway as Managing Director, aiming to leverage his extensive exploration expertise to advance its uranium and rare earth projects in South Australia and Brazil.

Torque Metals reports significant gold intercepts and new electromagnetic conductor plates extending the Paris Gold Project’s southern mineralisation by at least 280 metres, highlighting promising growth beyond the current resource estimate.

Estrella Resources has reported substantial high-grade supergene manganese intersections at its Ira Miri project in Timor-Leste, highlighting promising mineralisation near key infrastructure. Assay results are pending, but early visual estimates suggest significant resource potential.

Broken Hill Mines reports impressive high-grade silver, lead, zinc, gold, and copper intercepts from its FY26 drilling at Pinnacles Mine, setting the stage for a resource upgrade and potential mine restart.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis Prospect, with recent drilling revealing substantial mineralisation in fresh rock over a 2.2km strike. The results highlight the potential scale of this emerging gold system within the Caladan target area.