Latest Metals News

Leeuwin Metals has inked a non-binding MOU with Bain Global Resources and MEGA Resources to explore development, funding, and operational pathways for its 342,300oz Marda Gold Project in WA.

MRG Metals has reported strong initial assay results from 32 auger holes at its Fotinho Rare Earth Project in Mozambique, confirming a significant alluvial heavy mineral presence that complements prior findings at the adjacent Adriano project.

MGX Resources is set to exit its Koolan Island iron ore operation, selling to Crestlink for $20.2 million upfront plus potential revenue share, while shifting focus to gold development.

Iltani Resources has reported robust assay results from the first seven holes of its 110-hole drill program at the Orient Silver-Indium Project, confirming broad, high-grade mineralisation that underpins Australia’s largest known silver-indium deposit.

West Cobar Metals (ASX: WC1) has struck a deal to acquire the Baxter Fluorspar Project in Nevada, a site with a rich history of premium acid-grade fluorspar production. Backed by a $1.05 million placement, the acquisition positions WC1 within a critical US supply chain for fluorspar, a mineral vital for semiconductor and defence industries.

Critical Resources Limited’s initial sampling at the Croesus Project in New Zealand has verified a high-grade gold-antimony system with assays up to 13.3 g/t gold and 6,990 ppm antimony, underpinning its exploration model and setting the stage for follow-up work.

Morella Corporation’s final 2026 drilling results at Mt Edon reinforce broad rubidium mineralisation and reveal multiple higher-grade zones, advancing the project toward its maiden JORC Mineral Resource Estimate.

ACDC Metals closed its non-renounceable entitlement offer raising $348,000 from shareholders, but a substantial shortfall of over 24 million shares remains to be placed.

Southern Hemisphere Mining has pushed visible copper sulphide mineralisation deeper at its Llahuin project in Chile, with diamond drilling confirming continuity down to 256 metres. Assay results are pending, setting the stage for a clearer picture of the system’s scale and grade.

Reward Minerals has kicked off field activities at its Mountain Pond and Copper Lance projects in Newfoundland, advancing towards maiden drilling at the Jackpot Gold Prospect with sampling results due soon.

Peako Limited is set to acquire a substantial gold exploration portfolio in Saudi Arabia’s emerging Central Arabian Gold Region, backed by a $5.17 million placement to fund near-term drilling and exploration.

IperionX’s Titan Definitive Feasibility Study outlines a shovel-ready Tennessee project targeting heavy rare earths, titanium, zirconium, and hafnium with robust economics and strategic US supply chain implications.