Latest Molybdenum News

Terra Critical Minerals has completed a key acquisition in Nevada and boosted its Canadian uranium investment, positioning itself to capitalise on soaring tungsten and uranium prices.

Alma Metals has reported its most extensive and highest-grade copper intersections to date from the Briggs Copper JV Project, prompting a swift move to prefeasibility studies. The company also strengthened its balance sheet with a $2.1 million capital raise.

Lithium Energy Limited has identified a potential porphyry copper-molybdenum system at its Bajool Prospect in Queensland, supported by advanced geophysical surveys and backed by government funding. The company is poised to commence drilling to validate this significant discovery within the Capricorn Gold-Copper Belt Project.

Solis Minerals has made a decisive leap in its Peruvian copper-gold exploration with the acquisition of the Cucho Project and a successful $5.9 million capital raise, setting the stage for an active 2026 drilling campaign.

Lightning Minerals has confirmed extensive gold and base metal mineralisation along a 12km strike at its Mt Turner Project, Queensland, following a successful inaugural drill program. The company secured A$2.5 million to fund an ambitious Phase 2 drilling campaign set for early 2026.

Canterbury Resources has completed a positive Scoping Study for its Briggs Copper Project, confirming a large-scale mineral resource and committing to a Pre-feasibility Study. The company also raised $1.24 million via a Share Purchase Plan during the quarter.

Killi Resources has intensified exploration at its Mt Rawdon West and West Tanami projects, with detailed soil and rock sampling underway and assay results expected soon. The company remains well-funded to pursue its copper and gold ambitions in Australia’s underexplored mineral provinces.

Cannindah Resources has delivered a strong quarter with significant drill results upgrading the Mt Cannindah copper-gold project, including a new Exploration Target at the Southern Target porphyry system.

Solis Minerals has confirmed extensive copper-gold mineralisation at its Ilo Este and Chancho al Palo projects in Peru, reinforcing the potential for a large-scale porphyry system. The company plans to leverage these results in 3D geological models as it shifts drilling focus to advanced projects amid strong copper prices.

Nelson Resources has consolidated the historic Gold Point mining district in Nevada with a 90% stake, unveiling high-grade gold-silver potential and preparing for maiden drilling in Q2 2026. Meanwhile, a strategic partnership with MEGA Resources advances a major drilling program at the Yarri Gold Project in Western Australia.

QX Resources has confirmed high-grade uranium mineralisation at its Madaba project in Tanzania and commissioned a detailed airborne radiometric survey to refine drill targets. Meanwhile, gold and iron ore projects in Australia await further exploration.

Southern Hemisphere Mining’s latest quarterly report highlights a significant increase in copper and gold prices, boosting the value of its Llahuin project, alongside promising drilling results and a high-grade copper discovery at surface.