Latest Precious Metals News

Caravel Minerals has advanced its Caravel Copper Project DFS with a 48% increase in Proven Ore Reserves and secured $15 million in new royalty funding from Regal Royalty Fund, while extending key regulatory timelines.

Raiden Resources progresses environmental approvals for its Brazilian gold tailings project, identifies new arsenic anomalies in Bulgaria, and moves to sell a major stake in its Western Australian nickel project.

Unico Silver has reported continued high-grade drill success at its Joaquin Project, pushing mineralisation beyond existing resources while advancing its Pre-Feasibility Study and securing key land holdings.

Galileo Mining has pinpointed a new drill target at its Norseman project, just 2km from the Callisto resource, following rock chip samples grading up to 1.87 g/t combined palladium, platinum and gold. An aircore drilling program is planned to test the untested mineralised zone beneath outcrop.

Tali Resources (ASX: TR2) is gearing up for a major exploration push across its 4,000km2 West Arunta tenure, targeting copper and critical metals with multiple drilling programs scheduled throughout 2026.

Union Star Metals has agreed to sell its Brazilian rare earth subsidiary to Harvest Minerals, receiving cash, shares, and milestone payments while sharpening its focus on gold and silver exploration in the US.

Eagle Mountain Mining and Nittetsu Mining have signed a non-binding MOU to jointly explore new mineral project opportunities in Australia and North America, building on their existing Oracle Ridge joint venture.

Podium Minerals has confirmed robust platinum group metals mineralisation extending to 500 metres depth at Parks Reef, reinforcing the project's scale and growth potential amid supportive market fundamentals.

Maronan Metals bolsters its financial and technical position with a $22 million strategic investment from Kinterra Capital, accelerating infill drilling that confirms high-grade silver-lead and copper-gold mineralisation at the Maronan Project.

Argent Minerals has upgraded its Kempfield silver resource to 142.8 million ounces silver equivalent, reinforcing the project’s scale and quality amid ongoing 2026 drilling campaigns targeting resource expansion and early production pathways.

South32 has outperformed its FY26 production guidance, boosted quarterly sales by 15%, and announced a strategic sale of aluminium assets to Alcoa for up to US$5.6 billion, pivoting towards a base metals-focused portfolio.

Australian Gold and Copper Ltd’s deepest hole at Achilles confirms high-grade mineralisation extending well beyond the current resource boundary, supporting underground growth potential.