Latest Metals And Minerals News

BPH Global Ltd (ASX, BP8) has initiated strategic discussions with Indonesia’s National Economic Council to deploy its innovative seaweed-based bioremediation solutions targeting pollution from nickel and coal mining operations.

BPM Minerals has agreed to sell its Claw Gold Project to Capricorn Metals for $1.5 million upfront, with potential milestone payments doubling the deal value. This transaction strengthens BPM’s cash position to fund exploration at its promising Forelands Gold Project near Kalgoorlie.

ACDC Metals has lodged a retention licence application for its Goschen Central project in Victoria, marking a pivotal step in developing a critical minerals supply hub with strong economic prospects.

Vanadium Resources has signed a non-binding MoU with China Precious Asia Limited to supply vanadium-rich magnetite ore from its Steelpoortdrift project, aiming for early production and cashflow. This marks a strategic pivot to monetise its vast resource amid subdued vanadium markets.

Winsome Resources signals it is unlikely to exercise the Renard Option by August 2025 due to ongoing lithium market volatility, while maintaining strong focus and funding for its flagship Adina Lithium Project.

Patriot Battery Metals has confirmed pollucite as the primary caesium host mineral at its Shaakichiuwaanaan Property, revealing significant caesium mineralization at the Vega and Rigel zones. The company plans to include caesium in its next Mineral Resource update and is exploring its potential as a valuable by-product alongside lithium, tantalum, and gallium.

Develop Global has commenced concentrate production and cashflow at its Woodlawn copper/zinc mine, marking a significant milestone in its strategy to become a leading ASX copper and base metals company.

Santos Limited’s 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

Alchemy Resources reported significant progress at its Karonie Gold-Lithium Project with JOGMEC completing its $600,000 farm-in commitment and over 4,000 soil samples analyzed, identifying 12 priority targets for follow-up. Meanwhile, strong copper and gold assays at Lachlan’s Yellow Mountain prospect and regained Bryah Basin control underscore a busy quarter.

Ardea Resources reports robust progress on its Kalgoorlie Nickel Project – Goongarrie Hub, highlighted by significant drilling outcomes, major engineering contracts awarded, and a $98.5 million DFS funding commitment from a Japanese consortium.

BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.