Latest Precious Metals News

Askari Metals has raised $750,000 through a placement to advance its tin, tantalum, and gold projects in Namibia and Ethiopia, positioning itself for growth in African mineral exploration.

QMines Limited reports a 42% increase in Indicated resources at Develin Creek following maiden drilling, completes a $4 million capital raise, and moves to acquire the Mount Mackenzie gold-silver project, signaling a strategic expansion in Queensland.

Terra Metals has made significant strides at its Dante polymetallic project, producing three high-grade concentrates and extending mineralisation, while securing a strategic tenement option to expand its resource base.

Galileo Mining is set to begin a targeted drilling campaign at its Fraser Range project, while also securing government funding to explore deeper mineralisation beneath its Callisto deposit at Norseman.

Alchemy Resources reported significant progress at its Karonie Gold-Lithium Project with JOGMEC completing its $600,000 farm-in commitment and over 4,000 soil samples analyzed, identifying 12 priority targets for follow-up. Meanwhile, strong copper and gold assays at Lachlan’s Yellow Mountain prospect and regained Bryah Basin control underscore a busy quarter.

Asian Battery Metals PLC has completed an oversubscribed A$3.96 million capital raise, fully funding its expanded 2025 exploration program focused on the promising Oval Cu-Ni-PGE discovery in Mongolia. Phase 3 drilling is underway, targeting deeper and along-strike extensions, with initial assay results expected in May.

Red Mountain Mining has advanced exploration across its Fry Lake, Armidale, and Kiabye projects, identifying promising gold and antimony targets and preparing for follow-up drilling and sampling programs.

Peako Limited reports a quiet quarter in East Kimberley exploration due to seasonal conditions but successfully completes a significant capital raise, bolstering its cash position to nearly A$2 million.

Terra Uranium Limited has expanded its exploration portfolio by acquiring LCT Metals, adding tin and precious metals projects in New South Wales, while advancing uranium exploration in Canada’s Athabasca Basin through strategic partnerships and drill-ready targets.

Iondrive Limited confirms strong financial metrics for its proprietary DES battery recycling technology, progressing pilot plant development and divesting exploration assets to sharpen focus on commercialisation.

Advance Metals Limited reports breakthrough drilling results at its Myrtleford Gold Project and advances strategic acquisitions in Mexico, positioning itself for significant growth in precious metals exploration.

Skylark Minerals has completed a significant capital restructure and raised A$10 million to fuel its dual-track growth strategy, while progressing exploration and divestment activities across multiple global projects.