Latest Metals News

Rimfire Pacific Mining has launched a metallurgical study targeting cost-effective extraction of low iron scandium from its Murga deposit, aiming to confirm economic viability through atmospheric leaching methods.

Almonty Industries reported a 221% jump in Q1 2026 revenue to CAD 25.4 million, driven by soaring tungsten prices and ramp-up at its Sangdong Mine, while net loss narrowed to CAD 5.3 million amid strong operational cash flow.

OD6 Metals has pinpointed the historically noted Big Jim Fluorspar Lode within its Quinn Project, revealing grades up to 98.6% CaF2 and defining a new, substantial drill target in a district-scale system.

Metallium has successfully completed a 12-hour continuous run of its commercial-scale Flash Joule Heating reactor, demonstrating stable operation and exceeding throughput expectations. This milestone reduces scale-up risks ahead of planned multi-reactor deployment at its Texas facility.

Energy Transition Minerals has secured a non-binding MOU with Traxys Europe for the potential exclusive offtake of tin, tantalum, and niobium concentrates from its Penouta mine, positioning the project as a strategic Western source of critical minerals.

Desert Metals has confirmed a continuous 1.5km gold mineralised corridor at Tiogo, Côte d'Ivoire, highlighted by a standout 4m at 19.48g/t gold intercept, while the highest-grade mineralisation remains untested at depth.

Bindi Metals has kicked off its first diamond drilling campaign at the Ravni Gold Project, targeting a promising 2km mineralised corridor with high-grade gold results and strong geophysical anomalies.

Dalaroo Metals has completed a major soil geochemistry program covering a 9km gold corridor at its Bondoukou project in Côte d’Ivoire, setting the stage for maiden drilling after assay results.

FireFly Metals has completed an in-specie distribution of 60 million Bellavista shares to eligible shareholders following the sale of its Ontario gold projects. Trading in Bellavista shares begins 12 May 2026, while FireFly awaits an ATO ruling on tax implications.

Dundas Minerals has extended gold mineralisation at its Rockland project near Kalgoorlie, confirming a 1km strike length and improving grades at depth. The company plans follow-up drilling to test extensions and linkages to nearby Capricorn and Aquarius prospects.

Sunstone Metals has withdrawn its production targets and financial forecasts for the Bramaderos Gold-Copper Project, citing an overreliance on Inferred resources without a reasonable basis. The company plans infill drilling to upgrade resources and expects an updated Mineral Resource estimate later in 2026.

ACDC Metals has rapidly expanded its Mount Jackson project in Nevada, completing an airborne geophysical survey and staking additional claims to triple the project size. The company is progressing towards drilling with fresh capital raised and a board change announced.