Latest Metals And Mining News

Koba Resources has acquired exclusive rights to two historically rich tin-tungsten projects in Queensland’s Herberton Tin Field, supported by a $4.35 million capital raise to fund exploration and drilling.

St George Mining secures government support to establish a cutting-edge pilot plant and research centre at its Araxá Project, aiming to refine rare earth and niobium processing in Brazil. This initiative builds on historic metallurgical success and positions the company at the forefront of critical metals supply chain development.

MAC Copper Limited has outlined the final timetable for its acquisition by Harmony Gold, including key dates for court approval, trading suspension, and shareholder payments.

Norfolk Metals appoints mining veteran David Fowler to its board, enhancing expertise for its Chilean Carmen Copper Project, where drilling is halfway complete and assays are awaited. The company is rapidly moving toward full ownership of the project, signaling a pivotal phase in its copper exploration journey.

Broken Hill Mines has locked in a US$25 million senior secured financing facility alongside a major silver-lead concentrate offtake agreement with Hartree Metals, underpinning growth at its Rasp and Pinnacles mines.

Challenger Gold has secured the final Environmental Impact Assessment amendment for its Hualilán Gold Project, enabling ore haulage and toll milling at the Casposo plant. This milestone unlocks a low-capital pathway to early cash flow while advancing the project’s development.

IRIS Metals has expanded its footprint in the Black Hills of South Dakota by acquiring the Bob Ingersoll Mine and surrounding mineral claims, positioning itself for near-term lithium production with drilling planned for late 2025.

Auric Mining has completed a strategic acquisition of nickel rights, water assets, and a mining camp from WIN Metals, enhancing operational control at its Munda Gold Mine.

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Austral Resources Australia Ltd reported a steep increase in half-year losses to $24.17 million, driven by discontinued operations, while advancing key acquisitions and debt restructuring efforts.

Iltani Resources has reported its highest-grade silver-indium-base metal intersections to date from diamond drilling at its Orient East project in North Queensland, reinforcing its position as Australia’s leading silver-indium discovery.

IGO Limited has reported a dramatic downturn in its financial results for the year ended June 2025, with revenue plunging 60% and a net loss nearing $1 billion. The company also suspended dividends as net tangible assets per share fell sharply.