Latest Metals Prices News

Southern Hemisphere Mining has commenced its maiden drilling program at the Southern Porphyry target and updated its Llahuin Copper-Gold-Molybdenum Project resource to 218 million tonnes at 0.38% copper equivalent.

Maronan Metals has released a robust Preliminary Economic Assessment for its Starter Zone, highlighting strong economics and a promising 10-year mine life, while securing $16 million in fresh capital to propel development.

Thor Energy has inked a binding agreement with DISA Technologies to treat uranium waste at its Colorado Projects, leveraging DISA’s newly granted U.S. Nuclear Regulatory Commission license. This deal promises revenue from recovered uranium and critical minerals without upfront costs.

Prospech Limited reports steady progress on rare earth element metallurgy at its Korsnäs project and promising gold-silver drill results in Slovakia, backed by a fully subscribed $2.1 million capital raising.

Castile Resources has significantly increased its Mineral Resource Estimate for the Rover 1 Project, reflecting higher gold, copper, bismuth, and cobalt prices. This update enhances the project's scale and potential revenue streams as it advances through its Bankable Feasibility Study.

Manhattan Corporation advances a high-resolution magnetic survey at its Hook Lake gold project in Nunavut while agreeing to sell its L3 Lithium Project in Nova Scotia for up to $1.34 million.

Strickland Metals has confirmed significant up-dip extensions of high-grade gold mineralisation at its Shanac Deposit within the Rogozna Project in Serbia, highlighting promising near-surface zones for early mine development.

Legacy Minerals retains 100% ownership of the Bauloora Gold-Silver Project after Newmont's withdrawal and secures the high-grade Mt Terrible Gold-Copper Project in NSW, positioning itself strongly amid record precious metals prices.

Podium Minerals has initiated a fully underwritten entitlement offer to raise approximately A$7 million, aiming to fund pilot plant testing and resource expansion at its Parks Reef PGM Project. The offer invites eligible shareholders to acquire new shares at 6.4 cents each, reinforcing Podium’s growth trajectory amid rising platinum group metal prices.

Develop Global Limited's updated Definitive Feasibility Study for its Sulphur Springs Zinc-Copper Project reveals a 76% surge in project valuation and a doubling of free cash flow to A$1.5 billion, setting the stage for final investment decision and construction.

Greenwing Resources has unveiled a scoping study for its Que River polymetallic project in Tasmania, outlining a low capital expenditure route to potentially generate A$63 million in cash flow within a year. The study leverages existing infrastructure and highlights significant exploration upside beneath existing pits.

Castile Resources has addressed a recent spike in its share price and trading volume, attributing the movement to rising metal prices and progress on its flagship mining project.