Latest Metals News

WIN Metals has secured $2.35 million through a heavily oversubscribed placement to accelerate drilling at its high-grade Radio Gold Mine and advance resource evaluation at Butchers Creek.

Godolphin Resources has revealed promising high-grade copper and gold assay results from its Summers West and Little Bell prospects, highlighting significant expansion potential beyond the current Lewis Ponds resource boundary.

Australian Vanadium Limited has aligned its $49 million government grant with its integrated vanadium project following a key merger, advancing its vertically integrated supply chain ambitions.

NRW Holdings reported a robust 12.2% revenue increase to $3.3 billion in FY25, offsetting a significant $110.5 million impairment linked to OneSteel. Strong Civil and MET segment growth underpinned solid earnings despite Queensland weather challenges.

Codan Limited reported a robust FY25 with 22% revenue growth to $674.2 million and a 27% jump in net profit, driven by organic expansion and strategic acquisitions. The company’s communications and metal detection segments both posted solid gains, setting a confident tone for FY26.

Kali Metals has successfully raised $1.2 million through a discounted share placement, aiming to boost exploration at its Marble Bar and Higginsville projects. The capital injection signals renewed momentum for the company’s gold and lithium ambitions.

Litchfield Minerals' recent VTEM survey at the Oonagalabi project has identified five conductor clusters with fourteen Priority 1 sulphide targets, setting the stage for a significant drilling campaign starting mid-September.

Codan Limited reported a robust FY25 with revenue climbing 22% to $674.2 million and net profit rising 27%, driven by strong performances in its Communications and Metal Detection segments.

Sierra Nevada Gold (ASX – SNX) has qualified to bid for exploration licenses in Saudi Arabia’s Arabian Shield, leveraging its regional expertise to tap into a promising new frontier aligned with the Kingdom’s Vision 2030.

Codan Limited has delivered a robust FY25 performance, with revenue up 22% and net profit rising 27%, underpinned by strong growth in its Communications and Metal Detection segments. The company also announced a 27% increase in dividends and a significant reduction in net debt.

Nimy Resources has identified three key conductive plates near a major magnetic anomaly at its Masson discovery, suggesting a significant extension of copper-nickel mineralisation at depth within the Mons Project, WA.

Lion Rock Minerals confirms exceptionally pure rutile nuggets at its Minta Rutile Project in Cameroon, with independent verification supporting broad titanium industry applications. Exploration results reveal a growing mineralised footprint exceeding 2,750 km², positioning Minta as a globally significant rutile province.