Latest Metals News

Elementos Limited advances its Oropesa Tin Project in Spain and Cleveland Tin Project in Tasmania, securing a binding option to acquire 50% of a Spanish tin smelter, positioning itself as the European Union’s primary vertically integrated tin producer amid strong tin prices.

Helix Resources is gearing up for a pivotal drilling campaign at its White Hills copper-gold project in Arizona while advancing resource updates at Gold Basin and reassessing its nickel-cobalt-scandium assets in New South Wales.

Breakthrough Minerals has entered a conditional agreement to acquire a substantial North Queensland Copper-Gold Project near Mt Isa, boasting an 18.8 million tonne resource and backed by an $8.15 million capital raise. The acquisition positions the company for aggressive exploration and development in a prolific copper district.

Cosmo Metals has kicked off its first drilling program in nearly 30 years at the Spring Creek prospect in NSW, backed by a $2 million capital raise and government funding to advance exploration across its NSW and WA projects.

Alicanto Minerals has completed a summer exploration program in Sweden, revealing promising copper, silver, and gold targets across its Falun and Sala projects. The company also secured A$3 million in fresh capital to fund ongoing exploration and strategic acquisitions.

Taruga Minerals has secured new exploration licences in Western Australia’s Gascoyne province and identified a promising gold and copper prospect, reinforcing its position in polymetallic exploration.

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.

Kingsgate Consolidated Ltd reported a record September quarter at its Chatree Gold Mine, with gold production surging 18% to nearly 24,000 ounces and silver output exceeding 200,000 ounces. Strong metal prices and operational efficiencies lifted cash and bullion holdings to A$115 million.

Green & Gold Minerals has successfully listed on the ASX, raising $5.7 million to fund drilling at its Chillagoe Gold Project, with initial results expected soon. The company also holds promising critical minerals prospects in Queensland.

Great Boulder Resources has completed a record 26,000 metres of drilling at its Side Well Gold Project during the September quarter, uncovering multiple high-grade gold intersections and securing $5 million in new funding to accelerate exploration.

C29 Metals is set to drill test two key targets at its Sampsons Tank Copper project after a strategic review, while relinquishing its Mayfield project and preparing for a capital raise.

Andromeda Metals has initiated early site works at its Great White Project, backed by $4.45 million in environmental compliance payments. These steps mark a significant move toward construction readiness and a final investment decision.