Latest Precious Metals News

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.

Tartana Minerals has initiated a comprehensive operational and strategic review following a board leadership change, aiming to unlock value from its extensive base and precious metals assets. Drilling is set to resume at the Nightflower silver project in October, while an independent review of the Copper Sulphate plant is underway amid minimal production in 2026.

Cosmo Metals has raised $1.25 million through a discounted placement, setting the stage for maiden drilling at its high-grade Mona VMS copper-gold-silver prospect in northern NSW’s Bingara Project.

Pivotal Metals’ latest metallurgical tests reveal copper recoveries exceeding 90% at the Horden Lake project, alongside robust recoveries of nickel, gold, silver, and palladium. These results underpin the upcoming scoping study and highlight the project’s financing potential through by-product credits.

Kingfisher Mining’s first drilling at Stephens Trig since 2017 confirms significant high-grade silver, lead, and zinc mineralisation, reinforcing its Broken Hill portfolio and strategic development options.

Kingfisher Mining’s maiden reverse circulation drilling at Stephens Trig confirms substantial high-grade silver, lead, and zinc mineralisation, reinforcing the prospect’s potential within its Broken Hill portfolio.

Australian Gold and Copper Ltd (ASX: AGC) has revealed a significant new gold-silver zone at its Evergreen Prospect, with assays returning 13.6m at 4.6g/t gold and 23g/t silver from 51.4m. Follow-up drilling is underway to expand this shallow oxide mineralisation, which remains open along strike and at depth.

QMines Limited reports strong copper and gold intersections from two recent drill holes at Mt Chalmers, reinforcing the project's potential with ongoing drilling and assays.

Solstice Minerals has revealed significant new high-grade copper-gold intercepts at its Nanadie project, extending the resource footprint and strike length beyond previous estimates with drilling set to intensify.

PT ANTAM (ASX:ATM) posted a 6% increase in net sales to Rp62.71 trillion in the first half of 2026, driven by steady gold, nickel, and bauxite sales. Profit after tax surged 34% to Rp6.91 trillion, supported by improved margins and foreign exchange gains.

Michael Hill International delivered a landmark FY26 with record revenue of AU$655.7 million, a 57% jump in comparable EBIT, and reinstated dividends after a strategic turnaround.

Michael Hill International reported a 1.9% revenue increase to $655.7 million in FY26, with comparable EBIT up 57% to $24 million and net profit soaring 376%. The company restored dividends and announced a Chair succession.