Latest Metals News

Resource Mining Corporation has locked in a $5 million convertible securities facility to fund its expanding exploration programs across Tanzania, Saudi Arabia, and Finland. The initial $1.3 million drawdown supports ongoing copper-gold drilling and new gold ventures.

Pivotal Metals has reported a significant increase in its Horden Lake copper resource alongside promising gold discoveries at Lorraine, underscoring its growing footprint in Quebec's critical metals sector.

EV Resources has secured a 70% stake in the Los Lirios Antimony Project, unveiling high-grade mineralisation and plans for a pilot plant to accelerate production. Leadership enhancements and portfolio rationalisation underscore its strategic pivot to critical minerals.

Kingfisher Mining has secured a strategic acquisition of copper-gold and base metal projects in NSW from Austin Metals, backed by a $1.85 million capital raise, while progressing high-grade rare earth and lithium exploration in Western Australia.

Loyal Metals has secured an option to acquire the world-class Highway Reward Copper-Gold Mine and is progressing its North American lithium assets, supported by $3.77 million in funding.

Medallion Metals has amended terms to acquire 100% of Forrestania Nickel Operation assets, while progressing strong drilling results and financing discussions at Ravensthorpe Gold Project, positioning for a Final Investment Decision in late 2025.

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Lincoln Minerals has identified multiple high-priority drill targets at its Minbrie Copper-Base Metals Project with drilling planned for late 2025, while its Kookaburra Graphite Project achieves battery-grade purity, underscoring the company’s strategic positioning in critical minerals.

Frontier Energy advances its strategic investor process with multiple proposals and prepares bids for the 2025 Capacity Investment Scheme tender, while progressing key development milestones for its Waroona Renewable Energy Project.

Everest Metals Corporation has revealed a promising 1.1km gold anomaly at its Revere project, completed a key rubidium extraction study at Mt Edon, and is poised to start mining at Mt Dimer by year-end.

Everest Metals Corporation Ltd reported a cautious cash flow update for Q2 2025, highlighting ongoing exploration costs and a funding runway of just under two quarters. The company has completed bulk sampling at its Revere Gold Project but faces continued negative operating cash flows.

Peel Mining Limited has completed key drilling and commenced metallurgical testing at Wagga Tank, while advancing exploration and joint venture activities at Curnamona, maintaining a solid cash position of $1.4 million.