Latest Metals News

Elementos Limited has announced a $2.9 million non-renounceable entitlement offer alongside a $6 million initial placement to fund key project developments, including the Oropesa Tin Project and Cleveland Tin and Tungsten Project.

Elementos Limited has secured a minimum $8.7 million capital raise led by Metals X, boosting its cash reserves to $12.5 million to advance key tin projects. The raise includes a $6 million unconditional placement and a pro-rata entitlement offer to shareholders.

Chariot Corporation and partners have formalized a phased small-scale mining initiative in Nigeria, aiming to unlock near-term lithium production while advancing larger exploration goals.

Terra Critical Minerals (ASX – T92) has identified notable bismuth mineralisation alongside tungsten, molybdenum, and tin at its Glen Eden Project in NSW, adding a valuable critical mineral to its portfolio amid rising global demand.

Celsius Resources has updated its Mineral Resource Estimate for the MCB Copper-Gold Project in the Philippines, reporting a larger and more confidently classified resource. This upgrade sets the stage for upcoming feasibility and engineering studies.

Trek Metals has raised $1 million through a strategic placement to fast-track exploration at its Christmas Creek manganese project, with investor Andrew Reece committing $500,000 and joining the board.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares of Venus Metals Corporation Limited at $0.17 per share, representing a notable premium to recent trading prices. The offer, which allows immediate acceptance via ASX brokers, signals a potential shift in control and strategy for Venus Metals.

QGold Pty Ltd has initiated an unconditional on-market takeover bid for Venus Metals Corporation at $0.17 per share, aiming to consolidate its 26.4% stake by acquiring the remaining shares through a market purchase strategy.

CuFe Ltd has expanded its Orlando Deposit resource at Tennant Creek by incorporating significant bismuth and silver, enhancing the project's economic potential and positioning it among Australia's largest bismuth resources.

Litchfield Minerals has unveiled compelling new geophysical data from its first phase IP survey, revealing multiple extensive sulphide mineralisation targets within the Oonagalabi system. The findings suggest a large, vertically extensive intrusive-related mineral corridor ripe for further exploration.

Fortuna Metals has reported exceptional rutile soil sampling results from its Mkanda and Kampini projects in Malawi, revealing extensive high-grade anomalies analogous to the world-class Kasiya deposit. The company aims to define a maiden rutile resource by mid-2026 following ongoing drilling programs.

Sunstone Metals has announced a significant 33% increase in the Bramaderos Gold-Copper Project resource to 3.6 million ounces gold equivalent, alongside expanded exploration targets that hint at further growth potential.