Latest Metals News

Cyclone Metals has restructured its management, appointing Paul Berend as CEO of the Iron Bear Project while the Board temporarily oversees corporate functions during the search for a new CEO.

Sunshine Metals has completed nine diamond drill holes at its Sybil project’s Francis Creek prospect, intersecting multiple epithermal gold veins with encouraging geological textures. First assay results are expected in early October 2025, potentially shaping the future of this underexplored Queensland gold system.

Australian Critical Minerals has completed its acquisition of Circuit Resources, securing a 25,600-hectare portfolio in Peru rich in precious and base metals, with multiple drill-ready projects poised for exploration.

Lunnon Metals reports robust high-grade gold assay results from its Lady Herial deposit, reinforcing confidence in its upcoming open pit development plans within the Kambalda Gold & Nickel Project.

Triton Minerals has secured exploration license approval and will begin initial field works, including drilling, at its Aucu Gold-Copper Project in Mozambique starting October 2025. Early results are expected by December, setting the stage for further exploration next year.

Terra Metals has intersected a 58-metre thick titano-magnetite reef at its Southwest Prospect, marking the thickest reef found to date within the Dante Project and significantly expanding its resource potential.

Raiden Resources has expanded its exploration footprint at the Vuzel Gold Project in Bulgaria with a new Induced Polarisation survey revealing multiple untested gold and silver targets. Recent Phase 2 drilling assays confirm widespread near-surface gold mineralisation, reinforcing the project's potential.

Altamin Limited has announced a $6.46 million capital raising via a pro rata entitlement offer to fund development of its lithium-potash Lazio Project and zinc-lead Gorno Project in Italy. The majority shareholder Victor Smorgon Group has committed strongly, underpinning the raise.

TG Metals Limited has raised $4 million through a strongly supported placement to fast-track drilling and exploration at its Van Uden Gold Project in Western Australia’s Forrestania Greenstone Belt.

TG Metals Limited has clarified that its recent share price and volume spike is linked to Forrestania Resources acquiring a near 10% stake, while metallurgical test results are expected shortly.

Andromeda Metals has responded to ASX queries regarding its commissioned East Coast Research report, clarifying compliance with disclosure rules and differences in project assumptions.

Nex Metals Explorations has secured a binding agreement to operate the North Hennai gold project in Egypt’s Eastern Desert, marking its strategic entry into one of the world’s most under-explored mining regions with promising production and exploration potential.