Latest Metals News

Cobalt Blue Holdings has raised $2.5 million through a $1 million institutional placement and a $1.5 million placement agreement with Lind Global Fund III, aiming to advance its cobalt refinery and exploration projects.

Marquee Resources has announced its inaugural inferred mineral resource at Eastern Hills, revealing 6,800 tonnes of antimony equivalent metal and setting the stage for further exploration in a promising underexplored district.

Forrestania Resources has signed a binding agreement to acquire the Burracoppin Gold Project from Askari Metals, adding a significant JORC resource near a major WA gold mine. The deal includes cash, shares, and options, linking Forrestania to promising African exploration assets.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Golden Deeps Ltd has identified further high-grade copper mineralisation at its Graceland Critical Metals Prospect in Namibia, with new channel sampling revealing extensive mineralised zones. An upcoming Induced Polarisation survey aims to pinpoint drilling targets for critical metals including copper, silver, and germanium.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Flynn Gold has announced a renounceable rights issue to raise up to $3 million, aiming to accelerate exploration at its promising Golden Ridge project in Tasmania.

Fortuna Metals has secured two key exploration licences in Malawi’s emerging rutile province, positioning itself next to Sovereign Metals’ world-class Kasiya deposit. The company also appoints Tom Langley as CEO to spearhead exploration efforts.

Cauldron Energy has signed a non-binding MOU with Uzbekistan’s Navoiyuran, a global leader in in-situ recovery uranium mining, to collaborate on advancing the Yanrey Uranium Project in Western Australia. This partnership aims to leverage Navoiyuran’s technical expertise and operational experience to unlock the project’s full potential.

Winsome Resources has identified multiple new high-grade cesium and lithium mineralisation zones at its Sirmac-Clapier Project in Quebec, setting the stage for drilling later this year.

Locksley Resources has significantly expanded its footprint in California's Mojave Critical Minerals Hub by staking 249 new claims adjacent to the Mountain Pass Rare Earth Mine, positioning itself strongly within the U.S. critical minerals supply chain.

Altair Minerals has successfully navigated the initial legal hearing against BHP over the contested use of its Olympic Domain Project area, setting the stage for a protracted dispute over exploration rights and project valuation.