Latest Niobium News

Equinox Resources has reported strong assay results from 92 new drill holes at its Mata da Corda project in Brazil, confirming a broad, high-grade titanium corridor near surface. The ongoing drilling campaign continues to reveal promising mineralisation within a valuable heavy mineral assemblage.

Magnum Mining & Exploration Limited has completed its acquisition of Palmares Estudos Geologicos LTDA, gaining full ownership of promising rare earth element projects in Brazil. Early exploration results reveal significant high-grade rare earth oxides, positioning Magnum to benefit from global supply shifts.

RareX Limited has won a $175,000 government-backed drilling grant to advance exploration of significant gallium mineralisation at its Khaleesi Project in Western Australia, underpinning the project’s critical minerals promise.

Australian Strategic Materials (ASM) outlines progress on its Korean Metals Plant ramp-up, strategic plans for a US metals facility, and conditional funding support for the Dubbo Project, reinforcing its mine-to-metals supply chain ambitions.

Chilwa Minerals has confirmed a significant carbonatite mineral system hosting critical rare earth elements at its Lake Chilwa project, with ongoing diamond drilling underway at the Mposa anomaly.

RareX Limited has advanced its critical minerals portfolio with new tenements at Mt Mansbridge, high-grade gallium and scandium findings at Cummins Range, and a strategic consortium bid with Iluka Resources for Kenya’s Mrima Hill project.

Globe Metals & Mining has signed two non-binding MOUs covering up to 100% of Phase 1 production at its Kanyika Niobium Project, while finalising its updated Bankable Feasibility Study is delayed to June 2025. The company also secured additional short-term funding to support ongoing development.

Aldoro Resources has reported significant progress at its Kameelburg REE-Niobium Carbonatite Project in Namibia, confirming a substantial polymetallic discovery and expanding its Phase I drilling program with full funding secured.

St George Mining has completed its acquisition of the Araxá niobium-rare earth project in Brazil, announcing a maiden JORC-compliant resource and securing a strategic EPC+F partnership to fast-track development.

Kula Gold has reported promising drilling outcomes at Mt Palmer and Mustang prospects, earned an 80% stake in Mt Palmer, and raised $1.39 million through a recent entitlement offer.

DMC Mining progresses its strategic acquisition of the Firawa and Labé uranium projects in Guinea, despite ongoing delays in exploration licence grants. The company extends its capital raising timetable while navigating ASX suspension and financial constraints.

Power Minerals Limited has taken a significant step in expanding its South American critical minerals portfolio by signing a binding option to acquire the high-grade Santa Anna Niobium Project in Brazil, supported by a strategic US$300,000 investment and a $1.3 million placement to fund exploration.