Latest Materials News

Toro Energy has completed a critical re-optimisation of the Lake Maitland mining pit, paving the way for detailed mine scheduling as part of its 2025 scoping study update. This progress reflects updated resource estimates and financial assumptions, signaling a key step forward for the Wiluna Uranium Project.

Charger Metals NL has reported promising high-grade lithium intersections at its Medcalf West Prospect within the Lake Johnston Project, alongside initiating a diamond drilling program at the Mt Day Prospect, signalling potential expansion of its lithium resource base.

Petratherm Limited's latest drilling at the Rosewood Heavy Mineral Sand Prospect confirms extensive, high-grade titanium mineralisation over at least 15 square kilometres, reinforcing the project's world-class potential.

Lightning Minerals has appointed Energold Drilling S.A. to commence a 2,000m diamond drilling program at its Esperança lithium project in Brazil, targeting spodumene-bearing pegmatites identified through recent exploration.

Merchant House International Limited has voluntarily suspended trading on the ASX following the resignation of its only Australian director, Ian Burton. The suspension is expected to last until a new Australian director is appointed, anticipated by late February.

OzAurum Resources has reported a significant high-grade gold discovery at its Mulgabbie North Gold Project, highlighted by visible gold and substantial quartz veining. Follow-up drilling is set to expand on this promising find, potentially boosting the project’s value.

Renegade Exploration has revealed significant concentrations of critical defence metals germanium and gallium at its Andrew Deposit in Yukon, Canada, highlighting new strategic value in its zinc-lead-silver project. The discovery aligns with increased government interest in critical minerals infrastructure.

BlueBet has announced a strategic acquisition of TopSport, supported by a $15 million equity raise, aiming to boost market share and deliver significant earnings accretion by FY26.

Lithium Energy Limited has obtained final Environmental Impact Assessment approvals for key Solaroz concessions, paving the way for the next phase of lithium exploration and evaluation in Argentina.

Blackstone Minerals Limited has requested an immediate voluntary suspension of its shares as it finalises a proposed merger, signaling a significant strategic shift for the mining company.

Maggie Beer Holdings reports a sales increase for 1H FY25 but faces declining EBITDA, prompting a strategic overhaul focused on cost reduction and operational streamlining.

Akora Resources has confirmed that intermediate grade iron ore at its Bekisopa Project can be upgraded to saleable products, potentially extending mine life and enhancing project economics ahead of its March 2025 Pre-Feasibility Study.