Latest Metals News

Everest Metals Corporation reported a $299,000 net cash outflow from operations in Q4 2024 but strengthened its cash reserves through equity financing, positioning itself for upcoming gold production from the Revere Bulk Sampling Program.

Dynamic Metals has reported significant gold anomalies and exceptionally high-grade rock chip results at its Cognac West prospect within the Widgiemooltha Project, advancing plans for drilling in early 2025.

Errawarra Resources reports promising lithium soil anomalies and gold potential across multiple projects, while managing a lean cash position heading into 2025.

Carawine Resources Limited has progressed exploration planning across key Australian projects while navigating a significant compulsory acquisition dispute initiated by major shareholder QGold.

Cyclone Metals has forged a strategic partnership with Vale S.A. to fund and develop its Iron Bear iron ore project in Canada, marking a major step towards mining decision. The company also completed pilot production of high-grade direct reduction pellets, underscoring the project's technical promise.

Magnum Mining & Exploration Limited has extended its due diligence period for acquiring Palmares Estudos Geologicos LTDA, aiming to complete by March 31, 2025, amid regulatory and ESG documentation delays. The company plans a capital raise to support development of its substantial rare earth projects in Brazil.

Moab Minerals reports significant progress in its uranium exploration portfolio, including pending drill results at Manyoni, acquisition of strategic tenements in Tanzania, and permitting for a follow-up drill program at the REX project in Colorado.

Catalina Resources has reported encouraging gold assay results from its recent diamond drilling at the Rock Lodge Project in NSW, highlighting significant mineralization zones that warrant further exploration.

Torque Metals and Aston Minerals have confirmed key terms of their all-scrip merger, appointing an independent expert to assess fairness. Aston shareholders will receive one Torque share for every 5.2 Aston shares held.

Torque Metals and Aston Minerals have updated shareholders on their merger, confirming the share exchange ratio and appointing an independent expert to assess the deal's fairness.

Pioneer Lithium's Q4 2024 report highlights promising high-grade lithium assays at Root Lake, a key board appointment, and entry into Ontario's Junior Explorers Program, setting the stage for accelerated exploration.

Narryer Metals has reported a significant new critical minerals discovery at its Rocky Gully project, revealing high-grade scandium and rare earth element mineralisation alongside successful capital raising to fund further exploration.