Latest Nickel News

Galileo Mining has identified a previously unrecognised mineralised ultramafic sill beneath its Callisto Resource, boosting the prospectivity of its Norseman PGM project and kicking off a 5,000-metre aircore drilling program targeting multiple high-priority sulphide zones.

IGO Limited closed FY26 on a high note with improved safety metrics, rising spodumene prices, and a strategic divestment of its Nova nickel operation. Despite a fire-induced shutdown at Greenbushes, the company maintained robust cash flow and set ambitious FY27 guidance.

Exultant Mining has kicked off its first drilling campaign at the Balerion Prospect in NSW, intersecting promising sulphide mineralisation while expanding tenure at Black Hammer with the Swatchfield licence grant.

Lunnon Metals reports a 20% increase in gold ounces at its Hustler deposit, now 36,200 ounces, with plans to integrate mining alongside Lady Herial. Ongoing studies and strong infrastructure underpin a promising path to production.

Papua New Guinea’s government has taken a significant equity position in Pacific Lime and Cement’s Central Lime Project, injecting US$16.3 million and reinforcing sovereign backing for the nation’s first integrated lime and cement manufacturing platform.

S2 Resources secured new tenements, completed heritage and aeromagnetic surveys, and obtained drilling approvals across WA, NSW, and Victoria, maintaining a robust cash position of A$18.57 million.

West Coast Silver (ASX:WCE) has delivered a maiden 2.8 million ounce silver resource at Elizabeth Hill, with recent drilling revealing new high-grade zones and potential nickel-copper-palladium mineralisation, underpinning a clear growth and development plan.

OZZ Resources moves closer to acquiring Sulphide Minerals and regaining ASX listing with a $5 million capital raise, while navigating legal challenges on key tenements.

Sunrise Energy Metals is fast-tracking studies to triple scandium oxide production at its Syerston project, aiming to meet soaring global demand and secure supply outside China. The initial 60tpa development targets commercial production in 2028, while the expanded 180tpa plan remains flexible and contingent on market signals.

Nico Resources has completed preparations for a key infill drilling campaign at its Wingellina nickel-cobalt project, aiming to upgrade resource classifications and refine metallurgical understanding. The company also inked a strategic MOU with Pure Battery Technologies to explore regional refining opportunities amid a turbulent nickel price environment.

Ardea Resources pushes back the completion of its Kalgoorlie Nickel Project DFS to pursue optimisation opportunities, while securing strong multi-level government backing and maintaining a robust financial position.

Duketon Mining has delivered promising results from its maiden 6,000m drill program at Barlee, secured the Killarney Gold Project, and reported a combined nickel resource exceeding 102,000 tonnes across Rosie and C2 deposits.