Latest Metals News

Venus Metals Corporation has initiated field activities at its Bellchambers Gold Project, setting the stage for a significant drilling campaign aimed at expanding and upgrading its gold resource base.

South32 reported a robust US$360 million net profit for H1 FY25, driven by strong commodity prices and operational execution, while investing heavily in growth projects like Hermosa and returning US$169 million to shareholders.

Gold Mountain Limited has confirmed high-grade Rare Earth Oxide mineralisation from 56 drill holes at its Down Under REE Project in Brazil, highlighting significant potential for resource expansion and further exploration.

South32 Limited reported a strong first half of fiscal 2025, driven by improved operational performance and a streamlined portfolio following the sale of Illawarra Metallurgical Coal. The company announced a fully-franked interim dividend and maintained its production guidance despite some operational challenges.

GBM Resources has engaged renowned geophysicist David McInnes to reprocess historic data and identify new gold targets, aiming to expand its 1.84 million ounce resource base in Queensland's Drummond Basin.

Riversgold Ltd is set to commence its 2025 drilling campaign at the Northern Zone gold project near Kalgoorlie, following a series of promising high-grade gold intercepts and a mining lease application.

Eagle Mountain Mining has closed its renounceable entitlement offer, raising $1.62 million to advance copper and base metals exploration at its Silver Mountain and Wedgetail projects in Arizona.

Astute Metals NL has announced a significant JORC-compliant Exploration Target for its Red Mountain Lithium Project in Nevada, highlighting substantial lithium potential and outlining aggressive drilling plans for 2025.

Vanadium Resources Limited (ASX: VR8) has been reinstated to trading following a suspension linked to new funding arrangements, signaling renewed operational momentum.

OD6 Metals has raised A$1.17 million through a targeted share placement to fund high-impact exploration at the historic Gulf Creek Copper Project, with drilling set to begin imminently.

Superior Resources has identified compelling high-grade copper, gold, and silver mineralisation at the historic Halls Reward Mine, revealing significant unmined extensions and multiple new targets for exploration.

FireFly Metals reports outstanding high-grade copper-gold intersections from its aggressive six-rig drilling campaign at the Green Bay Project, aiming to expand and upgrade its mineral resources significantly.