Latest Minerals Development News

Maronan Metals has completed a major share distribution from Red Metal, expanding its shareholder base, while locking in a $22 million strategic investment to fund an ambitious drilling program and feasibility study.

Stelar Metals (ASX:SLB) is accelerating exploration at its Hill of Leaders Tungsten Project in the Northern Territory, aiming to capitalise on soaring tungsten prices and critical mineral demand driven by Chinese export restrictions.

Maronan Metals has landed a $22 million strategic investment from Kinterra Capital, boosting its cash reserves to $36.6 million and fully funding an expanded 2026 drilling campaign and Preliminary Feasibility Study for its Maronan Project.

Brazilian Rare Earths Limited (ASX: BRE) is demerging its Amargosa Bauxite-Gallium Project into a new ASX-listed entity, Alurion Resources, aiming to unlock value and sharpen focus on distinct mineral opportunities.

Maronan Metals has reported robust assay results from its 2025 infill drilling, revealing significant shallow copper-gold and silver-lead mineralisation that could boost early mining inventory. A revised boxcut design also promises to cut excavation volumes substantially.

Maronan Metals is set for a leadership change as Managing Director Richard Carlton steps down in December 2026, with a CEO search underway to guide the project through feasibility and mine development.

Axel REE is accelerating its in situ recovery (ISR) mining trials at the Caladão Project in Brazil, leveraging a low-cost, environmentally friendly extraction method and a unique gallium resource to position itself as a strategic supplier for Western markets.

ACDC Metals (ASX: ADC) has acquired an option to earn full ownership of the Mount Jackson gold-silver project in Nevada’s prolific Walker Lane district, backed by a $0.935 million placement and a planned $1.56 million rights issue to fund exploration.

Maronan Metals secured Mineral Development Licence 2028, unlocking underground exploration, while metallurgical tests showed gold recoveries up to 88% and copper recoveries exceeding 96%. The company expanded its drilling program and bolstered leadership amid steady progress toward mine development.

Metal Bank is pushing towards near-term gold production in Western Australia and expanding its critical minerals footprint in Queensland, backed by new processing partnerships and exploration milestones.

Red Metal Limited is progressing key rare earth and base metal projects across Australia, securing government grants and proposing a major Maronan Metals share distribution to shareholders.

American Tungsten & Antimony Ltd (ASX: AT4) has joined the U.S. Defense Industrial Base Consortium, unlocking direct access to Department of War programs and funding opportunities for its antimony and tungsten projects. The company will leverage this to advance its U.S.-focused supply chain ambitions, highlighted by a critical minerals event in Utah this May.