Latest Mining And Metals News

Lunnon Metals has completed a detailed Scoping Study on its Baker and Foster nickel sulphide deposits, highlighting potential economic viability despite ongoing uncertainty over processing arrangements. The study recommends sequential mining starting with the fully permitted Baker deposit, which remains profitable even at current nickel prices.

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.

Loyal Metals Ltd has had its trading suspension lifted immediately after announcing a proposed acquisition and addressing a price query, signaling renewed market activity.

Adriatic Metals has officially declared commercial production at its Vareš Silver Operation in Bosnia and Herzegovina, overcoming earlier operational hurdles. This milestone sets the stage for steady output and stronger cash flow.

Capricorn Metals has fully repaid its remaining $50 million corporate debt ahead of schedule, positioning itself as debt and gold hedging free with strong cash reserves to back growth projects.

GreenTech Metals has announced a substantial copper-zinc Exploration Target at its Whundo Project, signaling potential for near-term mining operations. The company is accelerating assessments of gold contributions and advancing mining studies to unlock value.

Australian Strategic Materials (ASM) has announced an underwritten share purchase plan to raise up to A$3 million, supporting its advancing Dubbo Project and ramp-up of the Korean Metals Plant. The company also outlines ambitions for a US metals facility amid strong government backing and strategic partnerships.

Globe Metals & Mining announces the resignation of CEO Paul Smith and appoints CFO Charles Altshuler as Interim CEO, who will retain his CFO duties while steering the company forward.

Aston Minerals Limited shares will be suspended from trading following court approval of its acquisition by Torque Metals Limited. This marks a significant step in the consolidation of mining assets in Western Australia.

Australian Strategic Materials has successfully refinanced its ₩3 billion loan with Hana Bank, extending repayment to May 2026 and bolstering financial flexibility for its Korean Metals Plant operations.

Pivotal Metals has identified exceptional high-grade gold targets at its Lorraine prospect in Quebec, revealing a vast gold-copper system previously overlooked amid copper-nickel mining. An aggressive exploration campaign is now underway to unlock this promising corridor.

Askari Metals has launched Phase I exploration on its EPL 7626 licence at the Uis Project in Namibia, aiming to uncover polymetallic mineralisation including lithium, tin, and tantalum. The program leverages advanced remote sensing and rapid on-site analysis technologies to identify buried pegmatite targets.