Latest Nickel And Copper News

Miramar Resources has partnered with Sumitomo Metal Mining Oceania in a multi-million-dollar joint venture to explore for large-scale nickel-copper-platinum group element deposits at the Bangemall Projects in Western Australia.

Centaurus Metals Limited has opened a Share Purchase Plan (SPP) to raise up to AUD 3 million by offering shares at a 20% discount, accompanied by free attaching options. This initiative complements a recent $20 million placement to institutional investors and aims to fund key nickel and copper projects in Brazil.

Scorpion Minerals has completed a significant field sampling program at its Pharos Gold Project in Western Australia, with assay results expected soon after laboratory delays. The company plans follow-up drilling targeting historic high-grade zones along a major shear corridor.

IGO Limited reported a robust operational quarter with improved safety and solid production at Greenbushes and Nova, offset by challenges at its Kwinana lithium refinery and an expected asset impairment.

Kuniko Limited has applied for NOK 60 million in funding to develop a sustainable, low-emission battery metals supply chain in Norway, partnering with industry and research leaders including Stellantis.

Deep Yellow Limited reports significant progress at its flagship Tumas uranium project in Namibia and successful pilot testing at Mulga Rock in Australia, supported by a robust cash position of A$217.4 million.

Caspin Resources has completed the second tranche of its $2.1 million capital raising, issuing shares and free-attaching options approved by shareholders. The move strengthens funding for its diverse Australian mineral projects.

Redivium Limited has initiated a comprehensive business review and advisor appointment process aimed at exploring restructuring options to enhance long-term shareholder value and governance.

Western Mines Group is set to restart exploration drilling at its Mulga Tank nickel project in Western Australia, leveraging recent capital raises and government grants to target high-grade nickel sulphide mineralisation and expand its resource base.

Catalina Resources is gearing up for a significant RC drilling campaign in the Central Yilgarn, following promising gold and rare earth element discoveries at its Laverton Project. The company’s expansive holdings in Western Australia reveal multiple high-grade targets with substantial exploration upside.

Kingsrose Mining announces the immediate resignation of Managing Director Fabian Baker and appoints industry veteran Terry Holohan as Acting CEO to steer its Scandinavian projects and acquisition strategy.

Avira Resources has completed the acquisition of a new exploration licence, expanding its Tangadee Project in Western Australia to three granted licences targeting copper-zinc and copper-nickel sulphide deposits. The company plans a field assessment in June 2025 to evaluate promising geophysical targets and engage with native title parties.