Latest Mineral Resources News

Buxton Resources has successfully qualified its Graphite Bull ore for full anode production with BTR New Material Group, a global leader in battery anode manufacturing. This milestone strengthens the project’s commercial appeal amid rising graphite demand for lithium-ion batteries.

White Cliff Minerals has initiated diamond drilling at its Rae Copper Project in Nunavut, Canada, targeting a large unexplored sedimentary basin. Supported by a recent A$14.4 million capital raise and Canadian government backing, the company aims to advance its promising copper exploration.

Freehill Mining is progressing plans to restart mining at its Yerbas Buenas magnetite project in Chile, backed by promising bulk sampling results and a staged permit extension strategy.

Warriedar Resources has reported strong assay results from diamond drill hole RDRC069 at its Ricciardo deposit, confirming extended high-grade gold and antimony mineralisation. These findings reinforce the deposit’s growth potential within Australia’s largest open-pit antimony resource.

Power Minerals’ maiden drillhole at the Santa Anna Project in Brazil reveals significant niobium and rare earth element mineralisation at depths far beyond previous drilling, boosting the project’s resource potential.

Castle Minerals’ recent drilling at the Kandia Gold Project in Ghana reveals well-defined gold mineralisation extending to 150 metres depth, underpinning a promising multi-deposit corridor. Follow-up exploration is set to expand these findings across the prospective Wa East tenure.

Yandal Resources reports promising initial assay results from its extensive Caladan air-core drilling program, revealing continuous gold mineralisation over more than 800 metres at the Arrakis Prospect. These findings bolster the prospect’s geological potential within the Yandal Greenstone Belt.

Zenith Minerals has successfully raised A$3.5 million through a fully underwritten rights issue, positioning the company to fast-track exploration and resource growth at its key gold projects in Western Australia and Queensland.

Mithril Silver and Gold Limited has announced a C$10 million brokered private placement to fund expanded exploration at its Copalquin district project in Mexico. The raise includes an option for agents to increase the placement by 15%, underscoring strong investor interest.

Challenger Gold advances its Hualilan Gold Project with final metallurgical testwork underway, confirming heap leach processing can economically recover low-grade gold previously deemed waste. This development promises to expand the project’s scale and improve its economics ahead of the full-scale Pre-Feasibility Study.

Viridis Mining and Minerals has released a comprehensive Pre-Feasibility Study for its Colossus Rare Earth Project in Brazil, showcasing robust economics, low-cost production, and a clear path to production by 2028. The study highlights the project's resilience across price cycles and its strategic positioning in the global rare earth supply chain.

Almonty Industries has requested a voluntary suspension of its ASX-listed securities pending the release of an updated technical report on its Sangdong Project in South Korea. The suspension will last until trading resumes on 11 July or the announcement is made.