Latest Precious Metals News

Global X Metal Securities Australia Limited has issued a prospectus for five classes of securities tracking gold, silver, platinum, palladium, and a precious metals basket. The securities are physically backed, traded on ASX under AQUA Rules, and managed by JPMorgan Chase Bank.

Global X Metal Securities Australia Limited has refreshed its prospectus for five classes of precious metals securities, maintaining physical bullion backing and ASX AQUA listing, with detailed disclosures on structure, fees, risks, and tax implications.

Caravel Minerals has significantly advanced its Caravel Copper Project with a near-complete Definitive Feasibility Study, marked by a 48% increase in Proven Ore Reserves and strengthened funding arrangements.

Aruma Resources has significantly expanded its Tillex Copper-Silver Project in Ontario by acquiring 94 new claims, extending the copper trend to 2.4 kilometres and raising $3.5 million to accelerate exploration.

Sierra Nevada Gold (ASX: SNX) has discovered a new high-grade gold-silver-polymetallic breccia beneath shallow cover at its As Safra project in Saudi Arabia, revealing a more complex and extensive mineral system than previously known.

Iltani Resources has reported robust assay results from 13 new drill holes at its flagship Orient Silver-Indium Project, confirming extensive high-grade silver, indium, lead, and zinc mineralisation that strengthens the case for a viable open-pit operation with potential underground mining.

Lithium Universe Limited (ASX: LU7) has reported laboratory success for its licensed GCDE technology, achieving over 99% gold recovery and 97% purity from chloride solutions and e-waste, positioning it as a greener alternative in precious metals extraction.

Metallium Limited has appointed key board members and executives to strengthen governance and operational capacity as it advances its Flash Joule Heating technology towards commercialisation in the US.

Midas Minerals has reported robust assay results from its first diamond drill hole at the Deblin deposit within Namibia’s Otavi Copper Project, revealing two substantial zones of high-grade copper sulphide mineralisation. The company is ramping up drilling efforts with plans to expand its rig fleet and expects further assay results later this year.

Galileo Mining has delineated two new PGM target zones at its Mission Sill prospect and uncovered a fresh gold prospect at Callisto South within its Norseman project, setting the stage for expanded drilling campaigns.

Patriot Resources has expanded its silver-gold footprint in southern Peru by staking the Tassa 5 tenement, increasing its landholding by 50% and pushing the mineralised corridor further south adjacent to its 31.4Moz AgEq inferred resource.

Pursuit Minerals has unveiled a comprehensive geological mapping study at its Sascha Marcelina Project in Argentina, defining a district-scale volcanic-hydrothermal system with five priority targets and setting the stage for maiden drilling from September 2026.