Latest Metals News

Advance Metals Limited has announced its first JORC-compliant Mineral Resource Estimate for the Yoquivo Silver-Gold Project in Mexico, revealing a substantial inferred resource of 33 million ounces silver-equivalent. The resource's broad, shallow mineralisation supports potential bulk mining methods, with further exploration planned to expand the deposit.

American Tungsten & Antimony Ltd (ASX: AT4) has appointed David Groombridge as Exploration Manager USA and engaged SRK Consulting for independent Competent Person services, reinforcing its technical and governance capabilities as it advances critical minerals projects in Utah and Nevada.

AuMEGA Metals Limited has launched a prospectus for a dual-tranche capital raising totalling approximately C$23.7 million, subject to shareholder approval, aimed at advancing its exploration programs in Newfoundland and Labrador, Canada.

Meeka Metals’ March quarter gold production declined due to heavy rainfall impacting mining access, while processing throughput improved significantly. The company expects stable throughput in the near term and increased output as underground ore contributes more.

Kali Metals Limited (ASX:KM1) has finalised its Tranche 2 Placement, issuing 527,778 shares at A$0.18 each and raising approximately A$95,000 following shareholder approval.

Octava Minerals (ASX:OCT) has completed its acquisition of the Byro Critical Minerals Project in Western Australia, issuing over 8.5 million shares and 2 million performance rights to vendors, subject to escrow and milestone conditions.

Loyal Metals Ltd (ASX:LLM) has reported assay results from drillhole 25HRDD003 at its Highway Reward Copper-Gold Project in Queensland, confirming a large, continuous VHMS Copper-Gold-Silver system. The 179m intersection at 1.47% copper equivalent supports a bulk-style mining opportunity distinct from historical narrow-lens models.

Reward Minerals Ltd (ASX:RWD) updates on its Newfoundland projects targeting high-grade gold and copper, highlighting multiple priority targets with no historic drilling and imminent maiden drilling planned for 2026.

Metal Bank Limited has applied for a mining lease over the Seven Leaders deposit at its Whiteheads Gold Project near Kalgoorlie, aiming for mining commencement in the fourth quarter of 2026 following optimisation studies and approvals.

Desert Metals Limited (ASX:DM1) has announced a pro-rata 1-for-2 non-renounceable entitlement offer of up to 325 million new options to raise approximately $325,377. The funds will support ongoing aircore drilling at its Tiogo and Kakalogo gold prospects in Côte d’Ivoire.

6K Additive has commenced a major expansion of its Burgettstown facility, supported by a $23.4 million U.S. Defense Production Act grant and $31.4 million raised in its ASX IPO, aiming to increase production capacity five-fold by the end of 2026.

Recharge Metals Limited has completed the acquisition of the Sunset Well Gold Project in Western Australia's Leonora district, securing a near-surface inferred gold resource of 94,500 ounces. The company raised approximately A$5.97 million through a placement and rights issue, bolstering its funding and leadership team to advance exploration activities.