Latest Pilbara News

Pilbara Minerals delivers record production and sales at Pilgangoora but faces statutory net losses due to joint venture investments and expansion costs. The company remains optimistic about long-term lithium market prospects.

Riversgold Ltd reveals a highly promising 12-kilometre gold corridor at its Tambourah project in Pilbara, with rock-chip samples grading up to 101 g/t Au. Exploration plans are underway to refine drill targets as conditions improve.

Wildcat Resources reports significant progress on the Preliminary Feasibility Study (PFS) for its Tabba Tabba Lithium Project in Western Australia, now approximately 50% complete, supported by strong metallurgical results and environmental groundwork.

Novo Resources has significantly expanded its Australian exploration footprint through three new high-potential farm-in and joint venture agreements, while maintaining a robust financial position with A$12.1 million in cash and A$43.8 million in investments.

New Age Exploration has completed a critical Aboriginal Cultural Heritage Survey at its Wagyu Gold Project, unlocking expanded access to high-priority gold targets ahead of a planned Reverse Circulation drilling program in March 2025.

Fortescue Ltd has crossed the 75% ownership threshold in Red Hawk Mining, prompting an increase in its takeover offer price from A$1.05 to A$1.20 per share ahead of the March 3 closing date.

Macro Metals Limited has launched its second Indigenous joint venture, Robe River Kuruma Macro Mining, to foster sustainable mining and socio-economic benefits in the West Pilbara region.

Red Hawk Mining has issued a supplementary target's statement endorsing FMG’s increased $1.20 per share takeover offer, with FMG now holding a commanding 78% stake. The directors urge shareholders to accept the offer ahead of the March 3 closing date, citing the absence of superior proposals.

Fortescue Ltd has increased its takeover offer for Red Hawk Mining to $1.20 per share after securing acceptance from major shareholders, pushing its stake to approximately 78%. This move triggers the offer’s increased price condition and sets the stage for Red Hawk’s likely delisting from the ASX.

Golden State Mining is set to launch a comprehensive gold drilling campaign across its Western Australian projects in 2025, with key heritage approvals underway and promising geochemical results guiding exploration targets.

Fortescue Ltd’s subsidiary FMG Pilbara Pty Ltd has acquired a 66.23% majority interest in Red Hawk Mining, advancing its takeover bid with an increased offer price to incentivize remaining shareholders.

Calix Limited has successfully closed its Share Purchase Plan, raising $2.1 million to complement a prior $20 million institutional placement, strengthening its balance sheet to advance key environmental technology projects.