Latest Metals News

BPM Minerals has commenced a significant 6,000m aircore drilling program at its Claw Gold Project in Western Australia, aiming to extend known gold mineralisation along an 8km corridor adjacent to Capricorn Metals' Mount Gibson Gold Project.

Olympio Metals has entered an Option Agreement to sell its remaining Halls Creek tenements to Clutch Group, enabling a sharper focus on its flagship Dufay Cu-Au Project in Quebec.

Ragnar Metals has identified multiple large conductive anomalies at its Viken Project in Sweden, reinforcing the potential for significant uranium, vanadium, and molybdenum mineralisation. These findings, derived from reprocessed VLF geophysics and historical drilling data, set the stage for targeted exploration.

Koonenberry Gold Limited has raised $2 million through a strategic placement to accelerate exploration at its Enmore and Lachlan projects, including an expanded drilling program at Sunnyside.

Global Lithium Resources announces the resignation of Executive Chair Ron Mitchell and withdrawal of Director Matthew Allen's nomination, prompting the withdrawal of several AGM resolutions and a reshuffle in proxy voting.

Basin Energy reports significant high-grade uranium and rare earth element mineralisation at its Björkberget, Rävaberget, and Trollberget projects in Sweden, highlighting strong exploration potential in a region poised for regulatory change.

Inca Minerals confirms exceptional gold and antimony assay results from its Hurricane Project in North Queensland, reinforcing the high-grade potential of the asset ahead of its acquisition of Stunalara Metals.

Winsome Resources advances its lithium and cesium portfolio with a new high-grade discovery at Sirmac-Clapier and a growing stake in Power Metals’ Case Lake project, positioning itself strongly in critical minerals.

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.