Latest Metals News

Midas Minerals reports steady progress in its Western Australian gold and base metals projects alongside a $1.6 million capital raising, positioning the company for upcoming drill target definitions.

Traka Resources reports steady progress in its December 2024 quarter, focusing on exploration at Gorge Creek and Cranbrook while withdrawing from Mozambique projects to sharpen its strategic focus.

Pinnacle Minerals Ltd reports a strategic shift towards cost reduction and partnership development across its lithium, uranium, and rare earth projects, positioning itself for future growth.

Besra Gold Inc. reports a robust cash position of A$23.2 million, supporting the expanded Jugan Bankable Feasibility Study that now includes a hybrid open-pit and underground mining approach. The renewal of the Jugan mining lease remains pending but progress continues with key metallurgical and geotechnical work underway.

Orange Minerals NL reported encouraging geophysical survey results at its Lennon's Find project and secured five new exploration licenses at Mulga Rock, positioning the company for expanded exploration activities.

Corazon Mining's December 2024 quarterly report reveals promising exploration progress at its MacBride and Lynn Lake projects in Canada, alongside encouraging drilling results at Mt Gilmore in NSW. A recent capital raise aims to accelerate drilling in early 2025.

Basin Energy has completed the acquisition of a uranium and green energy metals portfolio in Scandinavia, capitalizing on Sweden's move to lift its uranium mining ban. The company continues to advance exploration in Canada’s Athabasca Basin while navigating boardroom challenges.

Riedel Resources has increased its ownership in the Kingman Project to 90%, completed a key cultural survey, and is actively exploring toll treatment options and new projects to expand its portfolio.

Infinity Mining has significantly broadened its exploration portfolio across Eastern Australia through key acquisitions and a $2 million capital raise, setting the stage for an active 2025 drilling campaign.

ASF Group Limited reported a $1.58 million cash balance for the December 2024 quarter, highlighting ongoing investments and a director retirement that could influence its strategic direction.

ACDC Metals has reported a substantial upgrade to its Goschen Central Project, increasing mineral resource tonnes by over 60% and enhancing rare earth element grades, supported by Victorian government initiatives.

Centaurus Metals reports significant progress in its Jaguar Nickel Sulphide Project, delivering a high-grade nickel concentrate and advancing mine optimisation, while also making strides in copper and iron ore projects in Brazil.