Latest Metals News

Manuka Resources has received a binding debt offer to refinance existing obligations and support the restart of its Wonawinta silver and gold processing plant in early 2026, leveraging current high metal prices.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Zenith Minerals has raised A$7.65 million through a strategic placement with Ida Metal Investments, strengthening its cash position to fast-track drilling at its Dulcie and Red Mountain gold projects.

Environmental Clean Technologies Limited (ECT) is set to acquire exclusive rights to Rice University’s innovative Flash Joule Heating technology, promising a breakthrough in PFAS soil remediation. The company also announces a $3 million capital raise to accelerate development and commercialisation.

Latrobe Magnesium Limited has successfully commenced production of Magnesium Oxide at its Hazelwood North Demonstration Plant, marking a significant operational milestone. The company is advancing towards steady-state output and exploring by-product commercialisation.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, validating historical data and supporting a resource upgrade. Phase 2 drilling is underway to expand high-grade zones along a largely untested 20km trend.

Medallion Metals has successfully completed the public comment phase under the EPBC Act for its Ravensthorpe Gold Project, advancing a critical regulatory milestone with no objections received. The company aims to submit final documentation in October and expects a decision before year-end, paving the way for its sulphide development strategy.

S2 Resources is set to begin diamond drilling within weeks at its Warraweena project in northern New South Wales, following promising historical drill results and an ongoing gravity survey extension. The project targets multiple mineralisation styles, including gold, copper, nickel, and base metals.

PMET Resources has successfully produced marketable tantalite concentrate from waste streams at its Shaakichiuwaanaan lithium project, signaling a promising new by-product revenue stream alongside lithium.

Trigg Minerals pivots to focus on 20 patented claims at its Antimony Canyon Project, defining a significant exploration target and unlocking a streamlined permitting path in Utah.

Somerset Minerals reports strong visual copper mineralisation from its Phase-2 drilling at the Coppermine Project, Nunavut, with assays pending. Concurrent geophysical and geochemical surveys aim to unlock multiple copper discoveries across its extensive landholding.

Morella Corporation has expanded its critical minerals portfolio by acquiring the Dixon Well Project in Western Australia, confirming significant titanium mineralisation with assays up to 17.0% TiO2. This move diversifies Morella’s assets beyond lithium and rubidium into a mineral critical for aerospace and defence industries.