Latest Metals News

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s silver-lead-zinc mine reveals significant high-grade mineralisation, prompting a strategic pause for downhole EM surveys to refine exploration targets.

Global Lithium Resources has lodged a prospectus for MB Gold's IPO, aiming to raise $6 million by spinning out its Marble Bar gold assets. This strategic move sharpens Global Lithium’s focus on its lithium projects while unlocking value from its gold holdings.

Gateway Mining Limited is intensifying its exploration efforts at the Yandal Gold Project with a second diamond rig and has uncovered additional gold nuggets at Great Western, while a major aeromagnetic survey is underway at Glenburgh South.

BOA Resources has acquired a significant interest in the Neds Creek Copper Project in Western Australia’s Murchison Copper Belt, supported by a $3.75 million capital raise to fund exploration and drilling planned for early 2026.

Locksley Resources has kicked off its maiden drilling at the El Campo Rare Earths Prospect and secured full regulatory approval for an expanded program at the Desert Antimony Mine, setting the stage for continuous exploration updates through mid-2026.

Blaze Minerals has halted drilling at its Loulombo Project in the Republic of the Congo due to security concerns linked to its local partner's alleged contractual failures. The company is actively seeking resolution while the drill rig remains onsite.

Boab Metals has locked in a A$236 million debt facility to advance its Sorby Hills Silver-Lead Project, marking a pivotal step towards production with a clean financing structure that preserves shareholder value.

Axel REE Limited reveals a substantial inferred resource at its Caladão Project, advancing plans for in situ recovery trial mining in 2026 to produce rare earth and gallium products. The company’s low-cost, environmentally conscious approach positions it well within Brazil’s Lithium Valley mining hub.

Torque Metals' latest drilling and Down-hole Electromagnetic (DHEM) surveys at the HHH deposit reveal multiple new gold lodes, expanding the known resource and validating advanced vectoring techniques for exploration.

Hammer Metals has secured an option to acquire the Mt Sefton Gold Project in Western Australia, expanding its portfolio into a largely unexplored greenstone belt near the Gruyere deposit. Historic soil sampling shows promising gold and arsenic anomalies, setting the stage for upcoming exploration.

Aurora Energy Metals and Eagle Energy Metals have agreed to extend the option period for Eagle's acquisition of the Aurora Uranium Project to mid-2026, adjusting milestone timings due to US government shutdown delays impacting Eagle's Nasdaq listing.

Alvo Minerals has raised $2.26 million through a placement to accelerate drilling and exploration at its Palma Copper-Zinc Project in Brazil, including the promising new Touro Prospect.