Latest Metals News

Advance Metals has raised $13 million in a strongly supported placement led by global institutional investors, positioning the company to accelerate exploration across its high-grade silver and gold projects in Mexico and Victoria.

Askari Metals has announced a $1.5 million rights issue to fund a maiden drilling campaign at its Nejo Gold and Copper Project in Ethiopia, aiming to unlock significant value in a promising underexplored region.

Eclipse Metals has commenced mobilisation for its 2025 diamond drilling program at the Grønnedal Rare Earths Carbonatite Complex in Greenland, aiming to expand a significant rare earth mineral resource rich in critical magnet metals.

Kuniko Limited has completed the earn-in agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, with drilling set to commence soon. This milestone expands Kuniko’s portfolio of strategic minerals critical to the energy transition.

Locksley Resources has gained critical regulatory approval and secured contractors to advance its Mojave Project, accelerating exploration of antimony and rare earth elements in California.

European Lithium Limited is set to repurchase up to 10% of its shares on market, aiming to capitalize on a significant discount to its underlying asset value, particularly its stake in Critical Metals Corp.

Investigator Resources has secured $10 million through a strategic placement to accelerate development and exploration of its flagship Paris Silver Project, aiming to bring forward silver production and expand drilling across key targets.

Aurora Labs has secured a $450,000 Phase 2 contract from the Australian Department of Defence to prototype a high-thrust, fuel-efficient propulsion system for unmanned aerial systems, building on its innovative 3D metal printing technology.

CGN Resources has expanded its footprint in Western Australia's prolific gold belt by securing two new exploration licences near Leonora, enhancing its Panhandle Project and complementing the nearby Christmas Well Project. Initial drilling is slated for late 2025, targeting underexplored gold-bearing structures.

Aruma Resources has intersected promising high-grade copper mineralisation in its first drilling campaign at the Fiery Creek Copper Project, signalling renewed potential in the Mt Isa copper belt after two decades of limited exploration.

Norfolk Metals appoints mining veteran David Fowler to its board, enhancing expertise for its Chilean Carmen Copper Project, where drilling is halfway complete and assays are awaited. The company is rapidly moving toward full ownership of the project, signaling a pivotal phase in its copper exploration journey.

Venari Minerals is set to close its Share Purchase Plan on 6 October, following a successful $5.5 million placement to institutional investors. Eligible shareholders in Australia and New Zealand can still apply for shares without brokerage fees before the deadline.