Latest Materials News

Savannah Goldfields has poured nearly 7kg of doré at its Georgetown Gold Processing Plant, marking steady progress in gold production and setting the stage for upcoming mining at Big Reef and Agate Creek.

Step One Clothing reveals a sharp decline in first-half revenue and a significant EBITDA loss driven by a $10 million inventory write-down, prompting withdrawal of full-year guidance.

Vulcan Energy Resources has raised €398 million through a fully underwritten institutional placement and entitlement offer to fund the construction and commissioning of its Lionheart lithium project, marking a pivotal step from development to execution.

Pacgold has finalized its acquisition of the White Dam Gold Operation in South Australia, setting the stage for a near-term production restart with modest capital investment. The move complements its Queensland projects and offers a clear path to cash flow.

Harmoney has secured a $15 million revolving debt facility from a major Australian bank, refinancing its previous loan at a significantly lower margin and underpinning future growth.

New Murchison Gold Limited reports robust November production at Crown Prince Gold Mine, with ore sales exceeding expectations and a $41.6 million payment received from Westgold Resources.

West Coast Silver and Artemis Resources have signed a non-binding MOU to assess processing Elizabeth Hill silver ore at Artemis’s Radio Hill plant, aiming to fast-track development while managing capital costs.

Lefroy Exploration has officially started mining operations at its Lucky Strike Gold Deposit near Kalgoorlie, with first ore expected by late December and gold production targeted for March 2026.

6K Additive, Inc. launches a fully underwritten A$48 million IPO on the ASX, aiming to scale its innovative scrap-based metal powder production for additive manufacturing. The capital raise supports a major capacity expansion backed by a US Department of Defense grant.

QPM Energy Limited has had its trading suspension lifted following the announcement of a strategic investment term sheet and a capital raising, signaling renewed momentum for the energy company.

Ryzon Materials has updated its prospectus to include a $3.5 million engineering contract with Yantai, alongside a detailed revision of its capital allocation for the Nachu Project. The changes reflect a strategic step in advancing its lithium-ion battery materials development.

Patriot Resources advances its Gorman Lithium Project in Ontario, securing drill permits and confirming a high-grade lithium system within a proven strategic district.