Latest Nickel And Cobalt News

Australian Mines Limited reports strong gold drilling results at its Boa Vista project in Brazil and initiates new scandium-nickel-cobalt drilling in NSW, supported by a $4 million capital raise to accelerate exploration.

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

Parabellum Resources has completed Phase 3 drilling at its Miandetta prospect, confirming continuous near-surface nickel and cobalt mineralisation. The company is advancing exploration while actively seeking new precious and base metal projects.

Nordic Resources has expanded its Kopsa gold-copper project in Finland through an upsized drilling program, confirming significant new mineralised zones and securing over A$10 million in institutional funding.

Western Mines Group has launched its 2026 exploration drilling campaign at the Mulga Tank nickel project, backed by recent capital raises and government grants. The program aims to expand and confirm high-grade nickel sulphide resources in Western Australia’s Eastern Goldfields.

Duketon Mining’s December 2025 quarterly report reveals significant gold anomalies across multiple projects and updated nickel resource estimates, underpinning a robust exploration outlook supported by a strong cash position.

Firebird Metals has commissioned its proprietary equipment for producing advanced lithium-manganese-rich cathode materials at its China pilot plant, aiming to start production in February 2026 with customer samples planned for later in the year. The project is co-funded by strategic partner Taza Metal Technologies, reducing capital risk and accelerating development.

Parabellum Resources has confirmed continuous, near-surface nickel-cobalt mineralisation at its Miandetta prospect, extending the deposit's footprint significantly. Phase 3 drilling results reveal multiple high-grade intercepts, reinforcing the project's potential in New South Wales.

Chalice Mining’s Pre-Feasibility Study confirms the Gonneville Project as a long-life, low-cost critical minerals mine in Western Australia, projecting A$4.7 billion pre-tax free cashflow over 23 years with rapid payback.

Ardea Resources updates its Definitive Feasibility Study for the Kalgoorlie Nickel Project, confirming a streamlined processing approach and a new sale product that could enhance project economics and market reach.

Corazon Mining has successfully raised $1.8 million through a placement to fast-track exploration at its Two Pools and Feather Cap gold projects in Western Australia. The funding sets the stage for maiden drilling programs in early 2026, aiming to confirm high-grade historical results.