Latest Metals News

Ballymore Resources’ recent heli-borne electromagnetic survey at the Maniopota prospect within the Ruddygore Project has revealed 29 strong conductive anomalies linked to polymetallic mineralisation, setting the stage for a significant drilling campaign in 2025.

Middle Island Resources Limited (ASX, MDI) is set to acquire Konstantin Resources Ltd, unlocking a 620 km² copper-gold exploration portfolio in Serbia’s prolific Western Tethyan Belt, supported by a $3.4 million placement to accelerate exploration.

Robotics innovator FBR Limited has closed its Share Purchase Plan, securing approximately $700,000 in applications and preparing to issue new shares by early September.

Latrobe Magnesium has commenced start-up operations at its Hazelwood North Demonstration Plant following EPA licence renewal, overcoming recent weather-related supply setbacks. The company aims to begin magnesium oxide production within the week as it advances toward full commissioning.

OD6 Metals announces a major upgrade at its Splinter Rock Rare Earth Project with the addition of an onsite Chlor-Alkali Facility, promising significant cost savings and enhanced product flexibility. This development could reshape the economics and sustainability profile of one of Australia’s largest rare earth deposits.

Blaze Minerals has confirmed a new critical mineral discovery at its Ntungamo Project in Uganda, reporting high-grade Gallium and Rubidium intercepts from recent diamond drilling.

Lincoln Minerals has successfully raised $2.25 million through a renounceable entitlement issue and follow-on placement, positioning the company to advance key exploration projects in South Australia’s critical minerals sector.

S2 Resources has commenced RC drilling at its West Murchison Project, targeting a significant copper-platinum-palladium-gold soil anomaly. Results expected by early October could unlock new resource potential.

Terrain Minerals has reported a significant gold intersection of 22 metres at 2.71 g/t from its recent drilling at the Lightning & Monza Gold Prospect, reinforcing its exploration strategy and advancing the project towards a resource estimate.

Sunshine Metals has initiated a 14-hole diamond drilling campaign at its Sybil Epithermal Gold Project, targeting key high-grade veins at Francis Creek. This marks a significant step in unlocking the potential of a largely underexplored gold system analogous to the nearby Pajingo mine.

Hammer Metals has intersected visible gold just south of the historic Bronzewing Mine boundary, marking a promising breakthrough in its Bronzewing South exploration program. Assay results are expected by mid-September, potentially unlocking a significant new gold zone adjacent to a world-class deposit.

Metallium Ltd has won its first U.S. Department of Defense SBIR contract to advance domestic recovery of gallium using its innovative Flash Joule Heating technology. This milestone positions the company for larger future contracts and supports critical mineral supply chain resilience.