Latest Metals Production News

Lunnon Metals reports steady progress at its Lady Herial gold mine alongside the discovery of a new gold-bearing structure northwest of the site, highlighting promising potential for future underground mining.

Latrobe Magnesium has locked in a US$2 million non-dilutive prepayment from its US distribution partner to accelerate commissioning of its Demonstration Plant, aiming for first magnesium deliveries in late 2026.

Felix Gold has exercised its option to acquire 100% ownership of the Treasure Creek mining claims in Alaska, securing a strategic foothold in a project hosting high-grade antimony ore that meets U.S. military specifications alongside significant gold resources.

Western Mines Group has signed a Memorandum of Understanding with Magnium Australia to explore supplying magnesite from the Mulga Tank Project for low-carbon magnesium metal production. This collaboration could add a new revenue stream by monetising a previously overlooked magnesite cap.

Latrobe Magnesium Limited has successfully produced around 20 tonnes of high-grade Magnesium Oxide from its Hazelwood North Demonstration Plant, paving the way for magnesium metal production later this year.

Sovereign Metals has significantly upgraded its Kasiya Rutile-Graphite Project resource, increasing measured and indicated rutile by 32% ahead of its definitive feasibility study. This cements Kasiya as the world’s largest natural rutile deposit, reinforcing its strategic importance in critical mineral supply chains.

OM Holdings reported a modest decline in FY2025 revenue and EBITDA amid subdued market conditions but maintains a positive cash position and sets a stable production outlook for FY2026.

Latrobe Magnesium has successfully achieved continuous production of magnesium oxide from brown coal ash at its Hazelwood North Demonstration Plant, marking a critical step towards magnesium metal production later this year.

6K Additive, a US-based metal powder innovator, reports a 3.85% revenue dip to US$17.7 million and narrows net loss to US$17.9 million in its first ASX-listed year. The company plans a fivefold capacity expansion backed by significant government grants and a US$27.4 million loan.

High-Tech Metals Ltd is set to expand its Mt Fisher gold resource following an independent geological review that highlights multiple high-grade extensions beyond current estimates. A targeted drilling campaign will soon commence to unlock this potential.

Zimplats Holdings Limited reported a remarkable half-year performance with revenue up 83% and profit before tax surging over 2,100%, driven by higher metal prices and operational gains. Capital projects and sustainability efforts remain on track amid a challenging Zimbabwean environment.

Aurelia Metals Limited reported a robust half-year result for December 2025, with revenue climbing 27% and net profit after tax rising 26%, driven by production ramp-up at the Federation Mine and progress on the Great Cobar Project.