Latest Precious Metals News

Andean Silver has reported exceptional high-grade silver and gold drilling results at its Cerro Bayo Project in Chile, alongside a successful A$36 million capital raise to accelerate resource growth and development.

Fitzroy River Corporation reported steady royalty income for the December 2025 quarter, while advancing key projects including a $40 million funding campaign for the Rafael Gas Project and a $150 million equity raise for Snowy River Gold development.

Manuka Resources has successfully passed technical due diligence for a US$22.5 million loan from Nebari, paving the way for a silver and gold production restart at its Wonawinta and Mt Boppy projects.

Parabellum Resources has completed Phase 3 drilling at its Miandetta prospect, confirming continuous near-surface nickel and cobalt mineralisation. The company is advancing exploration while actively seeking new precious and base metal projects.

Albright Metals has completed a key diamond drilling program at its Golden Pike Project in Canada and initiated antimony drilling at Bond Road, supported by a successful $1.98 million capital raise.

Pivotal Metals has raised $5.4 million, including $1.1 million in non-dilutive funding, to ramp up exploration across its Québec copper, gold, PGM, and nickel projects, unveiling multiple high-priority drill targets and advancing resource optimisation at Horden Lake.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

Peel Mining has initiated a 9-hole drilling program at its Southern Nights Complex in NSW, targeting expansion of its significant silver-rich polymetallic resource. The campaign aims to unlock new high-grade zones and enhance geological insights within the South Cobar Project.

Kingston Resources reported a 14% increase in quarterly revenue to $18.1 million despite a geotechnical setback, while underground mining development gains momentum and resource estimates grow by 29%.

South32 maintains its FY26 production guidance across operated assets while advancing key projects like Hermosa and navigating the upcoming Mozal Aluminium care and maintenance phase.

Oceana Metals has completed trenching at its Solonópole lithium project in Brazil with assay results pending, while conducting technical reviews of its Australian base and precious metals projects.

Galileo Mining Ltd has responded to an ASX price and volume query, confirming no undisclosed material information exists to explain recent trading activity. The company attributes the surge to positive market sentiment around its Norseman Project and lithium joint venture with Mineral Resources.