Latest Nickel Cobalt News

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Blackstone Minerals has completed its acquisition of IDM International, issuing over 692 million shares and 83 million options, significantly expanding its copper-gold portfolio with the Mankayan project in the Philippines.

Following its merger with IDM International, Blackstone Minerals announces key board and management changes to spearhead development of the Mankayan Copper-Gold Project in the Philippines.

Ardea Resources has completed its infill drilling at the Highway nickel-cobalt deposit, delivering thick, high-grade intercepts that bolster the Kalgoorlie Nickel Project’s development prospects. These results underpin an updated resource estimate and support a front-loaded production profile.

Alliance Nickel has strengthened its financial footing with an additional $1.2 million in unsecured loans and extended existing $4 million facilities to mid-2026, underscoring lender confidence as it advances its NiWest project.

Ardea Resources reports significant progress on the Kalgoorlie Nickel Project’s Definitive Feasibility Study, completing key drilling and advancing permitting to support a multi-decade nickel-cobalt operation.

Nimy Resources has wrapped up a major drilling campaign at its Block 3 Gallium Prospect in Western Australia, setting the stage for a maiden resource estimate by year-end. Early assays reveal promising high-grade gallium, fueling optimism amid growing global demand for this critical metal.

Nico Resources has raised $1.1 million through a share placement priced at a premium, aiming to accelerate development of its flagship Wingellina nickel-cobalt project and support working capital needs.

Lincoln Minerals confirms the reliability of historical assays at its Minbrie project, validating significant copper, lead, zinc, and silver mineralisation and revealing new base metal targets through extensive re-assaying and portable XRF analysis.

Sultan Resources Ltd has announced a non-renounceable entitlement offer to raise up to $1.15 million, aiming to fund exploration and working capital across its diverse mineral projects.