Latest Mineral Sands News

MRG Metals has raised $0.73 million through a placement to advance its rare earth and heavy mineral sands projects in Mozambique and South Africa, including a strategic acquisition and mining license progression.

MRG Metals has completed the acquisition of the Garies Rare Earth Project, a high-grade, magnet-rich rare earth asset in South Africa, significantly boosting its critical minerals portfolio. The deal positions MRG for rapid development with a clear pathway to early cashflow and complements its existing projects in Mozambique and the Adriano–Fotinho corridor.

Sheffield Resources has negotiated a waiver and deferral on senior loan repayments for its Thunderbird Mineral Sands Mine, while ongoing discussions with lenders aim to restructure project finance amid uncertain shareholder funding.

PTR Minerals has completed a major drilling campaign at its Rosewood project, revealing consistent high-grade titanium mineralisation and setting the stage for a maiden JORC resource estimate in mid-2026.

McLaren Minerals has acquired the Barossa mineral sands project from Iluka Resources, adding a high-grade zircon-rich asset to its portfolio. The project offers promising prospects near a tier-one mine with structured payments tied to development milestones.

Pinnacle Minerals has scrapped its planned second tranche placement, aiming to reduce shareholder dilution and maintain a leaner capital structure as it advances exploration milestones.

Liberty Metals has exercised its option to acquire full ownership of a strategically significant portfolio of Brazilian critical minerals projects, positioning itself firmly in the global supply chain for titanium and rare earth elements.

Altitude Minerals has confirmed promising heavy mineral sands prospectivity at its Nilpinna Tenement in South Australia, with assays revealing heavy mineral grades as high as 12.5%. The discovery opens a new frontier for exploration in the Eromanga Basin.

Lion Rock Minerals confirms significant high-grade rutile mineralisation across its expansive Minta Project in Cameroon, while strategic partner Tronox Holdings gains conditional US-Australian government financing to advance rare-earth ambitions.

MRG Metals has extended its rare earth alluvial footprint at the Adriano project in Mozambique, revealing promising heavy mineral concentrations that hint at a district-scale mineralised system.

Dome Gold Mines Ltd is launching a $7 million convertible note offering aimed at funding key developments in its Fiji mining projects, including the Sigatoka feasibility study and exploration programs.

McLaren Minerals has successfully raised A$3.6 million through an oversubscribed entitlement offer, positioning the company to advance its McLaren titanium project in Western Australia.