Latest Precious Metals News

Pinnacle Minerals has exited its US critical minerals ventures, retaining key Australian and Canadian assets while bolstering its board and cash position to pursue strategic growth.

Altitude Minerals confirms high-priority drill targets and secures permits for a 2,600m reverse circulation program at its 100% owned Firenze silver-gold epithermal project in Nevada, targeting a promising 1.2km structural corridor.

BHP has reported robust copper and iron ore production for the nine months to March 2026, with key projects progressing and a leadership change set for July. Operational resilience and disciplined capital moves underpin its outlook.

Saturn Metals has divested its West Wyalong Gold Project interests to Xpedra Resources, receiving cash and shares, as it concentrates on advancing its flagship Apollo Hill Gold Project in Western Australia.

Bayan Mining has pinpointed two high-priority exploration targets at its 100% owned Bayan Springs North Project in Nevada, leveraging newly interpreted USGS airborne magnetic and radiometric data. Both targets display promising geophysical and geochemical signatures reminiscent of the adjacent Maverick Springs mineral system.

Sunshine Metals (ASX:SHN) has delivered strong final assay results from its extensive grade control drilling at Liontown, revealing multiple high-grade gold and silver intercepts that bolster the case for a resource upgrade and a revised mining study scheduled for mid-2026.

Great Northern Minerals has confirmed a 1.25-kilometre quartz-stibnite vein at its Catalyst Ridge Project, revealing a vertically zoned system with near-surface antimony, tungsten, silver and deeper gold-silver potential in a prolific US mining belt.

L1 Group has raised $950 million in the IPO of its L1 Gold Fund Limited, set to begin trading on the ASX on 24 April 2026. The fund targets gold and precious metals investments with significant founder and company backing.

BMC Minerals has kicked off its 2026 drilling campaign at the Kudz Ze Kayah Project with a standout massive sulphide intercept at the Krakatoa Zone, pointing to potential extensions beyond current reserves and a longer mine life.

29Metals Limited (ASX:29M) swung to a $24 million net profit in 2025, powered by steady copper output at Golden Grove despite seismic disruptions, cost efficiencies, and key progress on growth projects including Gossan Valley and Capricorn Copper restart.

Lode Resources secures $4.5 million from institutional investors to push the Montezuma Silver & Antimony Project toward a Pre-Feasibility Study and fund exploration across Tasmania and New South Wales.

Future Metals has unveiled a lower-risk, lower-capital pathway for its Panton PGM Project by leveraging the idle Savannah Plant, delivering upfront savings of around A$74 million and preserving long-term growth potential.