Latest Mineral Development News

Metals Australia has successfully expanded its Manindi West Vanadium-Titanium-Magnetite (VTM) discovery, confirming mineralisation over a strike length exceeding 1,000 metres and intersecting significant mineralisation in 13 of 14 drill holes. Early metallurgical results show promise for commercially attractive concentrate products, with further assay results pending.

Lithium Energy Limited’s re-assay of 125 historical rock chip samples confirms significant high-grade gold mineralisation at Mt Usher, Queensland, unlocking promising exploration potential within the Capricorn Gold-Copper Belt Project.

Askari Metals advances its flagship Nejo Project in Ethiopia with strong government backing and a planned maiden drilling campaign targeting high-grade gold zones. The company is well funded and poised for a busy 2026 exploration season.

South Harz Potash has submitted three new exploration licence applications in Sweden’s Värmland Province, significantly expanding its copper-gold project area near the existing Glava 100 site.

Anax Metals has completed a $2.4 million strategic placement with mining group Gold Valley at a 37.5% premium, while securing a $3.5 million loan to repay convertible notes, positioning the Whim Creek copper project for near-term development.

The Minerals Development Company Botswana has increased its investment in Botala Energy’s Serowe coal bed methane project to approximately A$4 million, signaling strong government backing for the company’s LNG ambitions.

Chalice Mining’s Pre-Feasibility Study confirms the Gonneville Project as a globally significant palladium-nickel-copper mine in Western Australia, boasting robust returns and a rapid payback period.

Pioneer Lithium has confirmed significant high-grade tungsten and gold mineralisation at its North Pine Project in Idaho, revealing two distinct mineral systems at the Springfield Prospect and a new polymetallic target at Silver Cliffs.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Ontario, boosting its landholding by 25% and advancing exploration with promising high-grade lithium intercepts. The company also secured a strategic partnership to evaluate cutting-edge solid-state lithium-ion battery technology, positioning itself for the anticipated lithium market rebound.

Green Technology Metals advances its Ontario lithium projects with a streamlined environmental footprint and strong government backing, positioning for a lithium market recovery in 2026.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

Kuniko Limited has completed a key airborne geophysical survey and begun field sampling at its Commonwealth Gold-Silver Project in NSW, setting the stage for maiden drilling in early 2026. These steps fulfill joint venture commitments and maintain licence status in a prolific mineral region.