Latest Molybdenum News

Tungsten Mining NL’s Pre-Feasibility Study confirms Mt Mulgine as a world-scale tungsten project, targeting first production in mid-2029 with robust economics and low operating costs.

Dreadnought Resources has extended gold-in-soil anomalies at its Bordah prospect within the Mangaroon Gold Project to more than 10 kilometres in strike and 2 kilometres wide, unveiling two compelling new targets: a large-scale intrusion-related gold system and a stronger tungsten-in-soil anomaly than the nearby Nina tungsten target.

Catalina Resources is gearing up for maiden drilling at its Tallering Santy target in November 2026 while pushing Kirkalocka towards drill-ready status and launching first-ever fieldwork at Warriedar.

Codrus Minerals Limited posted a $1.41 million loss for FY26 as it confirmed gold and molybdenum mineralisation at Bull Run, rationalised its portfolio, and secured a binding acquisition of EdgeMet with a $2.5 million capital raise underway.

Pacific Resources has confirmed a new high-grade copper zone at its Dogwood project, with assays revealing the highest copper grade recorded to date alongside a first-ever polymetallic porphyry signature from laboratory tests.

Tungsten Mining’s Mt Mulgine Pre-Feasibility Study reveals a 21-year mine life with A$6.8 billion pre-tax NPV and production starting in 2029, positioning it as the globe’s most competitive tungsten operation.

Southern Hemisphere Mining has reported substantial new copper sulphide zones at its Llahuin project in Chile, reinforcing an exploration target of up to 340 million tonnes and setting the stage for further drilling and beneficiation work.

American Tungsten & Antimony has commissioned Metso Finland to conduct a concept-level study for expanding ammonium paratungstate production at its Nevada Del Sol Refinery, aiming to bolster US domestic tungsten supply amid national security concerns.

Diablo Resources has delivered exceptional first-pass rock sampling results at its Horn Silver Project in Utah, revealing a district-scale polymetallic system rich in silver, gold, copper, lead, and zinc. These findings reinforce historical structural models and set the stage for imminent drilling campaigns.

South32 has boosted the Sierra Gorda copper mine’s Ore Reserves by 61%, extending its reserve life by five years to 2045, underpinned by extensive infill drilling and a planned processing expansion.

S2 Resources is set to begin drilling at Warraweena in early October targeting gold and copper, while Loch Lilly prepares geophysical surveys and awaits drilling permits. Jillewarra drilling remains on hold pending regulatory and heritage approvals.

Pacific Resources Limited (ASX: PXR) completed a strategic pivot in FY2026, acquiring the high-grade Snowstorm Gold Project in Victoria and expanding exploration in Tasmania, while maintaining its Queensland coal assets. The company reported a $769K loss on no operating revenue, supported by a $1.5 million capital raise.