Latest Metals News

Fortescue Ltd has reported a record first half FY26 with iron ore shipments surpassing 100 million tonnes and a robust net profit after tax of US$1.9 billion, while advancing its ambitious decarbonisation and growth initiatives.

Kali Metals has acquired SQM Australia’s 30% stake in the DOM’s Hill and Pear Creek projects, consolidating its Pilbara portfolio and setting the stage for renewed gold and base metals exploration.

Catalina Resources has redefined its Beasley Creek project’s Flamingo target as a copper-gold volcanogenic massive sulphide system with an orogenic gold overprint, broadening its exploration scope. The company is preparing for its first modern drilling campaign to test this promising hybrid mineralisation model.

Auravelle Metals has identified several promising new gold targets at its Nuckulla Hill project in South Australia, leveraging a detailed structural review and soil sampling data. Upcoming drilling campaigns aim to test these high-priority zones within the prolific Yarlbrinda Shear Zone.

AuMEGA Metals has confirmed a $30 million oversubscribed financing led by Condire Investors to fund expanded drilling and exploration in Newfoundland. The capital raise is structured in two tranches, with the first closing expected in early March and the second pending shareholder approval.

Magontec Limited reported a net loss of $5.4 million for 2025 on a 10.9% drop in revenue, yet net tangible assets per share rose significantly to 76 cents.

Euroz Hartleys Group Limited reported a robust half-year result for December 2025, with net profit more than doubling to $13.84 million, driven by strong growth in equity capital markets and advisory fees.

Reward Minerals confirms historic high-grade copper mineralisation and expands exploration targets at its Copper Lance Project in Newfoundland, revealing promising new copper-gold prospects along an 8km magnetic trend.

Olympio Metals has secured binding agreements to acquire two historically high-grade silver and antimony projects in the US, backed by a $3 million capital raise including vendor participation.

Greenwing Resources has significantly enhanced the economics of its Que River Project following a sharp rise in key metal prices, nearly doubling projected cash flows and advancing a two-stage development plan.

Red Mountain Mining is making significant strides in its US critical minerals portfolio, reporting strong antimony assay results and gearing up for extensive exploration programs. The company’s projects align closely with US and Australian government initiatives to secure domestic critical metal supplies.

Argent Minerals has confirmed visible gold at its Kempfield and Trunkey Creek projects in New South Wales, highlighting promising high-grade gold shoots and expanding exploration potential. The company plans systematic drilling to further define these multi-metal deposits.