Latest Polymetallic News

Norfolk Metals has released a JORC 2012 Mineral Resource Estimate for its Chilean Ciclón Copper Project, revealing a substantial 11.8 million tonnes at 2.88% copper equivalent, with significant exploration upside and a transaction closing targeted for August 2026.

The NSW Supreme Court has approved Aeris Resources' takeover of Peel Mining, setting in motion key dates for shareholder entitlements and trading suspension.

Kingston Resources secures $12.9 million through placement and entitlement offer to fund a 25,000m drilling program and plant expansion at its Mineral Hill polymetallic mine, bolstering cash reserves to $32.3 million ahead of a planned operational restart.

Terra Critical Minerals has validated significant historical tin and indium grades at its newly granted Tamworth Tin Project in NSW, highlighting promising exploration targets across hard-rock and alluvial deposits.

Askari Metals has expanded its Uis Project pipeline in Namibia by uncovering seven high-priority pegmatite targets through advanced hyperspectral analysis, setting the stage for upcoming reverse circulation drilling and trenching programs.

Blaze Minerals has completed a 443-metre trenching campaign at its Krokodil Prospect in Botswana, confirming in-situ copper, lead, and zinc mineralisation with notable spot XRF readings. Laboratory assay results are expected in 6-8 weeks as the company plans further soil sampling to extend the target zone.

Argent Minerals appoints mining veteran Mike McKevitt as CEO to spearhead advancement of its flagship Kempfield Silver Project and evaluate growth across gold and copper assets.

Regener8 Resources is transitioning its leadership as founder Stephen Foley steps down, paving the way for a new Managing Director with regional operational expertise to steer the company’s next exploration phase in Bosnia and Herzegovina.

Kingston Resources is embarking on a 25,000m drilling campaign at its Mineral Hill polymetallic mine, aiming to extend mine life and boost production with a plant expansion from 350ktpa to 700ktpa.

Legacy Minerals has confirmed a new gold-silver epithermal mineralised system at its Mascotte Prospect, with assays showing gold grades up to 9.7g/t Au and significant base metals. The discovery lies entirely outside the current 1.2Moz AuEq Mt Carrington resource, opening the door for resource expansion.

Cobalt Blue Holdings and Glomar Minerals have shortlisted four US sites and begun testwork for Project Infinity, aiming to build the first commercial polymetallic nodule refinery in the United States.

Peel Mining has issued proxy presentations and Chairman’s scripts for key shareholder meetings on the demerger of Spectre Metals and the proposed acquisition by Aeris Resources.