Latest Metals News

Stavely Minerals has locked in a $500,000 unsecured director loan facility to fund its 2026 Scoping Study targeting copper, gold, and silver production. This non-dilutive funding move underscores confidence from within the board as the company advances key projects.

Kali Metals Limited has successfully raised approximately A$7 million through a Tranche 1 Placement, issuing over 38 million new shares at 18 cents each. This capital injection marks a significant step in the company’s funding strategy.

Elementos Limited has raised $29.5 million through a strategic placement to L1 Capital, strengthening its financial position as it pushes forward with key tin projects in Spain and Tasmania.

Alma Metals has revealed a robust 2 million tonne copper resource at its Briggs Project in Central Queensland, setting the stage for a major drilling campaign and pre-feasibility study amid a tightening global copper market.

Marquee Resources has announced a substantial 69% increase in its Mt Clement (Eastern Hills) inferred mineral resource, now containing 11,000 tonnes of antimony equivalent metal, positioning the project as a key player in Australia's critical minerals landscape.

Cauldron Energy has reported a significant 32% increase in uranium resources at its Yanrey Uranium Project, highlighted by a maiden Mineral Resource Estimate for Manyingee North and an upgraded resource at Manyingee South.

Terra Metals has confirmed a large, high-grade platinum group metals (PGM) sulfide system at its Southwest SW6 Prospect, revealing thick mineralisation open at depth and a compelling new platinum-rich zone. This discovery expands the scale and complexity of the Dante Project’s magmatic system, setting the stage for an ambitious drilling campaign.

PTR Minerals has reported its strongest drill assay results to date from the Rosewood Titanium Project, reinforcing the project's scale and quality ahead of a maiden JORC resource estimate due in Q2 2026.

Medallion Metals has secured a US$50 million loan and a copper-gold concentrate offtake agreement with Trafigura, enabling the Final Investment Decision for the Ravensthorpe Gold Project. Development is set to begin pending completion of the Forrestania acquisition.

Aumega Metals has voluntarily suspended its ASX securities as it finalises a capital raising involving a significant new investor. The suspension is expected to last until the capital raising is completed and announced, or until trading resumes on 19 February.

Trek Metals has raised $15 million through a strongly supported share placement to fund a major drilling campaign at its promising Kuro manganese discovery in Western Australia’s Kimberley region.

Silver Mines Limited has secured land access to the Coomber Silver Prospect, reviving exploration on a site with significant historic silver intercepts. The company is advancing reconnaissance work to unlock the potential of this largely underexplored caldera near its flagship Bowdens Silver Project.