Latest Mineral Resources News

Carnaby Resources is set to commence a 3,400m maiden drilling program at its Trekelano deposit in February 2025, aiming to accelerate the Greater Duchess Project's development and enhance its copper-gold resource base.

Golden Deeps Ltd has initiated a targeted diamond drilling program to test extensions of the Nosib copper-silver deposit in Namibia, aiming to build on promising earlier results that suggest thicker and higher-grade mineralisation at depth and to the west.

Horizon Minerals has poured its first gold bar from the Boorara Gold Project, initiating production under a key ore sale agreement and setting the stage for a sustainable gold pipeline.

Megado Minerals has secured an agreement to acquire an 80% stake in a significant copper project in Spain and entered a strategic exploration deal for rare earths in the US, positioning itself at the forefront of critical minerals supply.

Benz Mining has completed its acquisition of the Glenburgh and Mt Egerton gold projects in Western Australia from Spartan Resources, marking a strategic expansion with Spartan becoming a significant shareholder and board participant.

Spartan Resources has completed the sale of its Glenburgh and Egerton gold projects to Benz Mining for $1 million in cash, a 15% equity stake, and potential contingent payments. This strategic move allows Spartan to sharpen its focus on its high-grade Dalgaranga Gold Project while maintaining influence through board representation at Benz.

Nordic Resources has secured three additional exploration licences at its Pulju nickel-copper-cobalt project in Finland, expanding its granted tenure to 46 square kilometres and consolidating 12 kilometres of continuous strike within a key mineralised formation. This strategic move enhances the company’s potential to develop a significant European critical metals resource.

MRG Metals has achieved a major milestone with the official approval and signing of the Corridor Central Heavy Mineral Sands mining licence in Mozambique, unlocking development potential for its world-class Koko Massava deposit.

Arrow Minerals is fast-tracking a Scoping Study for a Direct Shipping Ore operation at its Niagara Bauxite Project in Guinea, leveraging strong drilling results and strategic infrastructure access to capitalise on record bauxite prices.

Orbminco Limited's maiden drilling program at the Bronze Fox Copper-Gold Project in Southern Mongolia reveals significant copper and gold intersections, confirming expansion and higher-grade potential within the West Kasulu resource.

Saturn Metals made significant progress on its Apollo Hill Gold Project during the December 2024 quarter, reporting strong drilling results and advancing its Pre-Feasibility Study despite a tragic on-site fatality. The company ended the quarter with a solid cash position of $9.5 million.

Brazilian Critical Minerals has released an updated Mineral Resource Estimate for its Ema rare earth project in Brazil, defining a robust 350Mt starter zone at 778ppm TREO. This milestone underpins the imminent Scoping Study and signals promising economic potential for the project.