Latest Metals Market News

WA1 Resources has announced a substantial upgrade to its Luni niobium deposit with a significant Indicated Mineral Resource Estimate and successful ferroniobium production testwork, positioning the West Arunta Project as a key player in the critical minerals sector.

Argosy Minerals has executed a spot sales contract for 60 tonnes of battery-grade lithium carbonate from its Rincon project, locking in a price tied to the SMM benchmark. This deal underscores the company’s emerging role in the resurging lithium market.

Manuka Resources is progressing financing to restart its Wonawinta silver processing plant and is evaluating a promising gold cut-back at Mt Boppy to boost its Cobar Basin production plan.

NewPeak Metals has officially appointed Mark Purcell as Managing Director, with David Mason stepping into a Non-Executive Director role, marking a key leadership transition for the base metals miner.

Develop Global Limited has raised $180 million through a well-supported institutional placement to accelerate development at its Sulphur Springs and Woodlawn projects, aiming to extend mine lives and capitalize on new partnership opportunities.

RareX Limited confirms exceptional high-grade gallium mineralisation at its Cummins Range project, positioning it as a strategic critical minerals asset amid soaring global demand and supply risks.

Andean Silver’s latest drilling at the Cerro Bayo Project in Chile reveals extensive new high-grade silver and gold mineralisation outside current resources, bolstering its restart and growth strategy.

Renegade Exploration Limited reports impressive high-grade gold rock chip results from its newly acquired Caisson Project in Nevada’s Walker Lane Trend, highlighting strong exploration potential.

Aura Energy announces a strategic collaboration with Neu Horizon Uranium Ltd to advance uranium mining in Sweden, aligning with the Swedish government’s plans to lift its uranium mining ban and bolster nuclear energy production.

Alicanto Minerals is set to launch a targeted, low-cost exploration program this northern summer across its Swedish Falun and Sala projects, aiming to unlock new copper, gold, and silver prospects while advancing strategic partnerships.

Legacy Minerals has lodged an exploration licence application over the Nico Young nickel-cobalt deposit in NSW, securing a nationally significant resource with no acquisition cost. This strategic move positions the company to capitalize on future nickel and cobalt market recoveries.

Scorpion Minerals has expanded its footprint in Western Australia's Murchison region to 1,600km² through a strategic JV with E79 Gold Mines, securing the largest landholding along the highly prospective Dalgaranga–Big Bell shear corridor. With $1.75 million raised, the company is poised to commence drilling at multiple high-grade gold targets imminently.