Latest Metals News

The court has approved the merger scheme between Aston Minerals and Torque Metals, making it legally effective and suspending Aston’s trading. Shareholders will soon receive Torque shares in exchange for their Aston holdings.

Aston Minerals and Torque Metals have secured court approval for their merger schemes, setting the stage for a significant consolidation in the mining sector. Trading of Aston Minerals shares will be suspended from May 29 as the merger moves toward implementation.

Asara Resources assures investors its Kada Gold Project permits remain intact despite Guinea’s recent revocation of over 120 exploration permits. Drilling has already commenced, signaling continued progress.

Pivotal Metals Limited has updated its exploration findings at the Lorraine Prospect in Quebec, revealing a broad corridor of bonanza-grade gold mineralisation alongside significant copper and nickel targets. The company is accelerating fieldwork to define drill targets within this highly prospective greenstone belt.

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Victory Metals Limited has raised $4 million in a placement supported by top shareholders and company leadership, aiming to fast-track the Pre-Feasibility Study and development of its flagship North Stanmore Heavy Rare Earth Project in Western Australia.

Southern Cross Gold Consolidated Ltd has reported extraordinary drill results from its Sunday Creek project in Victoria, revealing ultra-high-grade gold and antimony mineralization that significantly expands the discovery footprint.

Kali Metals has reported high-grade gold assay results up to 19.2 g/t from its Marble Bar Project in Western Australia, revealing a 1.4km gold-bearing outcrop. The company is gearing up for an expanded exploration campaign including drone surveys and a maiden drill program.

Aurora Labs has signed a Memorandum of Understanding with Mayman Aerospace to jointly develop 3D-printed micro gas turbines for advanced VTOL aircraft, marking its strategic entry into the U.S. aerospace sector.

Alicanto Minerals is set to launch a targeted, low-cost exploration program this northern summer across its Swedish Falun and Sala projects, aiming to unlock new copper, gold, and silver prospects while advancing strategic partnerships.

Copper Search Ltd has successfully raised $850,000 through a placement and announced a subsequent $504,364 rights issue to fund exploration targeting Heavy Mineral Sands in South Australia and gold-copper prospects in New South Wales.