Latest Metals News

Lincoln Minerals has confirmed ongoing mineralisation at its Minbrie Copper Project’s Eagle Ridge prospect through air core drilling, setting the stage for a targeted diamond drilling campaign later this year.

OD6 Metals has completed its acquisition of the Quinn Fluorspar Project, consolidating 100% ownership of 226 mining claims in Nevada and positioning itself as a potential key domestic fluorspar supplier for the US.

Canterbury Resources has reported consistent assay results from initial drilling at its Briggs Copper Project, supporting a significant resource upgrade and ongoing Pre-Feasibility Study, while gearing up for a new drilling campaign at the Monto Project's John Hill deposit.

AuKing Mining has agreed to acquire 100% of the Machinga Heavy Rare Earths Project in Malawi, adding a high-grade heavy rare earth and niobium asset to its portfolio. The acquisition includes a mix of cash, shares, and performance shares contingent on resource milestones, positioning AuKing to accelerate exploration in a geopolitically strategic region.

GreenX Metals has expanded its Eleonore North Project with two new licences covering about 1,600 km² in East Greenland, targeting intrusion-related gold and critical minerals like tungsten. Historical data shows high gold grades up to 50 g/t, with fieldwork results due this quarter.

Hot Chili Limited expands its Costa Fuego copper-gold project with significant drilling success at La Verde, underpinning a strong Preliminary Feasibility Study and strategic water infrastructure plans.

The Takeovers Panel has declined to investigate allegations against Central Asia Metals' proposed acquisition of Cygnus Metals, citing insufficient evidence and procedural prematurity. Cygnus has committed to safeguards addressing conflict of interest concerns.

Stelar Metals has raised A$2.6 million through a discounted placement to fund its maiden bedrock drilling at the Hill of Leaders Tungsten Project, aiming to test a historically unexplored system amid tight global tungsten supply.

Austral Resources Australia Ltd has lodged a binding proposal to acquire Hammer Metals, offering a 29.9% premium over a rival bid and proposing a SpinCo demerger of Hammer's WA gold assets. The deal would create a larger, more diversified Queensland copper producer with operational synergies and enhanced exploration potential.

QEM Limited is moving forward with its acquisition of Freshwater Metals, securing past-producing tungsten and prospective fluorspar and niobium projects in Idaho, aligning with US efforts to bolster domestic critical mineral supplies.

IperionX plans to relocate its parent company to Texas and list directly on Nasdaq, aligning its corporate structure with its US operations. The appointment of manufacturing veteran Michael J. Loparco aims to bolster the company’s industrial scale-up.

Elementos Limited has cleared all conditions to acquire up to 50% of Iberian Smelting, advancing its integrated European tin mine-to-metal strategy by linking its Oropesa project with downstream smelting capacity in Spain.