Latest Metals News

Infinity Mining Limited has successfully closed a pro-rata entitlement issue, raising over $280,000 through new options set to be listed on the ASX next week.

OM Holdings has agreed to sell its 26% interest in Ntsimbintle Mining to Exxaro Resources for US$101.4 million, marking a strategic shift to refocus capital on core operations while maintaining a commercial partnership.

Patronus Resources has extended gold mineralisation at its Glencoe deposit in the Northern Territory through a recent drilling campaign, revealing multiple high-grade zones beyond the current resource boundaries.

Caspin Resources has successfully completed the first tranche of a $2.1 million capital raise, issuing over 34 million shares to institutional and sophisticated investors. The company now awaits shareholder approval to complete the remaining funding, underpinning its exploration ambitions across three promising Australian projects.

Legacy Minerals has lodged an exploration licence application over the Nico Young nickel-cobalt deposit in NSW, securing a nationally significant resource with no acquisition cost. This strategic move positions the company to capitalize on future nickel and cobalt market recoveries.

Lode Resources has launched a 15-hole diamond drilling program at its Magwood Antimony Project in NSW, targeting multiple high-grade lodes including unmined mineralisation down to 450m. This move bolsters Lode’s strategic position in critical minerals amid rising antimony demand.

MTM Critical Metals has locked in a pre-permitted industrial site in Texas, positioning itself to commission its innovative metal recovery plant by year-end 2025 and accelerate U.S. commercial expansion.

Power Minerals Limited reveals multiple high-grade gallium intersections from historic drilling at its Santa Anna Niobium Carbonatite Project in Brazil, highlighting a valuable byproduct opportunity alongside niobium and rare earth elements.

Patriot Battery Metals has announced a substantial upgrade to its Shaakichiuwaanaan Lithium Project, solidifying its position as the largest lithium pegmatite resource in the Americas and advancing its feasibility study on track for Q3 2025.

New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource to 14.2 million tonnes at 3.8% copper equivalent, with 88% now classified as measured and indicated, underpinning its path to production in 2027.

Universal Biosensors reports solid growth in its wine testing segment and outlines plans for a capital raise alongside the upcoming AQUASCOUT water testing device launch.

Andromeda Metals has successfully raised $5 million through a heavily subscribed placement, positioning the company to advance its flagship Great White Project and promising HPA initiative.