Latest Metals News

Orion Minerals Ltd has been reinstated to ASX quotation following the release of its 2025 annual report and a new capital raising announcement, ending its trading suspension.

Orion Minerals has expanded its capital raising from $5 million to $7.7 million, reflecting robust demand from sophisticated investors. The company plans to issue approximately 515 million shares at 1.5 cents each.

Cobalt Blue Holdings has fully repaid its $1 million promissory note to American Rare Earths, unencumbering its flagship Broken Hill Cobalt Project amid a strengthening cobalt market.

James Bay Minerals has entered a binding agreement to acquire the high-grade Shafter Silver Project in Texas, featuring substantial existing infrastructure and a rich production history. The acquisition is backed by a $30 million capital raise and signals a strategic expansion into a premier US mining jurisdiction.

Panther Metals Limited has released a maiden scoping study for its Burtville East Gold Project, revealing strong economics and high-grade open pit potential. The study highlights an NPV8 of A$26.6 million and an IRR of 44%, underpinning the project's promising outlook.

Critical Metals Corp has amended its agreement to increase its ownership of the Tanbreez Rare Earths Project in Greenland to 92.5%, issuing 14.5 million shares to the project founder’s company. European Lithium retains a 7.5% stake as the project advances toward production.

AuMEGA Metals has identified a significant new electromagnetic anomaly near its Central Zone deposits at the Cape Ray project, setting the stage for a fully funded drilling campaign in late 2025.

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.

TG Metals Limited has reported promising metallurgical test results from its Van Uden Gold Project stockpiles, confirming high gold recoveries and favorable ore characteristics. These findings pave the way for potential toll treatment agreements and support ongoing project development.

Red Mountain Mining has reported its highest-ever antimony grades from rock chip samples at the Oaky Creek prospect in NSW, confirming the site’s potential as a major antimony-gold camp. Pending assay results and ongoing exploration could further unlock value in this underexplored region.

Arika Resources has announced a significant new gold lode discovery at the F0 Prospect within its Yundamindra Gold Project, alongside confirmed depth extensions at the Queen of Poland Prospect. This exploration update highlights promising assay results and ongoing drilling momentum in a prolific Western Australian gold district.

Panther Metals has revised its Burtville East gold resource estimate upward following a technical correction, increasing high-grade near-surface ounces to 8,600oz. The update aligns cut-off grades with recent scoping study results and highlights open mineralisation at depth.