Latest Metals News

GreenTech Metals has retracted previous valuation statements on its Whundo Project, updating resource estimates to include significant gold assays that enhance the project's economic outlook.

Scorpion Minerals has completed key pre-drilling exploration at its Pharos Gold Project in WA’s Murchison region and is set to begin a targeted RC drilling campaign testing multiple high-grade gold zones.

Australian Strategic Materials has refinanced its Korean Development Bank loan, enhancing financial flexibility to accelerate its Korean Metals Plant operations.

Godolphin Resources has partnered with Canadian explorer Great Plains Metals to advance its Yeoval and Goodrich copper-gold projects through a staged earn-in and joint venture agreement.

FireFly Metals has secured C$25.8 million through a Canadian bought deal and an A$46 million Australian equity raise to fund expansion and exploration at its Green Bay Copper-Gold Project in Newfoundland.

Desert Metals has confirmed several high-priority gold targets at its King Kong prospect in Côte d’Ivoire following extensive geophysical and auger sampling programs. A significant +5,000m diamond drilling campaign is set to begin in June 2025 to test these promising zones.

Lanthanein Resources is set to raise $2.4 million through a placement and a fully underwritten rights issue, while proposing a strategic name change and share consolidation to streamline its capital structure.

Centaurus Metals has reported significant high-grade copper intersections alongside extensive iron ore mineralisation at its Boi Novo Project in Brazil, underscoring the site’s growing potential. Ongoing drilling and metallurgical testing aim to unlock further value from this strategically located asset.

Saturn Metals has reported a significant increase in gold recovery rates from heap leach testing at its Apollo Hill Gold Project, surpassing previous estimates and global averages. This breakthrough suggests a more cost-effective and scalable path to production.

Alvo Minerals has successfully closed the institutional portion of its entitlement offer, raising $751,133, with a retail offer set to open on June 11 aiming to raise an additional $810,985. The capital raise will fund exploration and potential acquisitions in Brazil's mineral sectors.

American West Metals is ramping up exploration and development at its West Desert Project in Utah, targeting critical metals like indium, molybdenum, and gallium amid supportive US government policies and tightening Chinese export controls.

Caprice Resources has raised $7 million through a discounted share placement led by major Australian institutions, positioning the company to accelerate exploration at its Murchison Gold Projects and West Arunta Project.