Latest Materials News

Astute Metals reports a major lithium discovery at its Red Mountain project in Nevada, intersecting over 170 metres of mineralisation and setting the stage for a maiden resource estimate by year-end.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

Albion Resources has reported impressive near-surface gold intercepts at its Collavilla Prospect in Western Australia, highlighting a standout 11m at 20.0 g/t gold from just 17m depth. A detailed gravity survey is underway to pinpoint further high-grade targets within the expansive Ives Find granite.

Octava Minerals Limited has had its trading suspension lifted following the announcement of a proposed capital raising, signaling renewed market activity for the mining explorer.

Ambertech Limited anticipates surpassing $100 million in revenue for FY25, driven by a strong second half and improved profitability across key segments.

Tesoro Gold has reported promising drilling results expanding its Ternera gold resource and secured A$11.1 million in fresh capital, positioning the El Zorro project for accelerated development.

Tanami Gold NL has reported promising initial assay results from its latest drilling campaign at the historic Jims Gold Mine, revealing significant gold intercepts that hint at potential resource expansion. Final results from the majority of diamond core samples are still awaited, keeping the market’s attention.

Sierra Nevada Gold (ASX – SNX) has completed the purchase of the New Pass Gold Mine claims in Nevada, gaining 100% ownership and reporting promising gold grades in historic tailings. The company advances plans for bulk sampling and underground mining, while exploration at its Warrior project reveals new targets.

Renascor Resources has successfully produced high-grade graphite concentrate from its Siviour deposit, exceeding feasibility study benchmarks and setting the stage for its Australian Government-backed PSG demonstration plant. This milestone comes as US tariffs on Chinese anode materials surge, spotlighting Renascor’s strategic role in diversifying supply.

Newmont Corporation reported a robust second quarter in 2025, driven by higher gold prices, successful divestitures of non-core assets, and strong operational performance, reinforcing its financial strength and strategic focus.

Intelligent Monitoring Group delivered a robust Q4 FY25 with $17 million in operating cash flow and plans an on-market share buy-back amid strong earnings growth and strategic acquisitions.

The Commerce Commission has issued a Statement of Issues regarding Viridian NZ Bidco’s proposed acquisition of Metro Glass, highlighting potential competition risks in New Zealand’s glass processing and installation markets.