Latest Precious Metals News

Eagle Mountain Mining finalises a joint venture with Nittetsu Mining for the Oracle Ridge copper project, extinguishing a US$7.25 million debt and setting in motion a US$16.5 million exploration program. The company holds $2.9 million cash and is reassessing its Silver Mountain project alongside new acquisition pursuits.

Godolphin Resources has unveiled a significant polymetallic sulphide discovery at Cousin Jack within its Lewis Ponds Project, alongside progressing an IPO to spin out its Narraburra Rare Earths asset into Matrix Critical Minerals.

Lightning Minerals has executed a strategic reset focusing on Australian gold and critical minerals, securing $1.85 million to accelerate exploration at its flagship Mt Turner and Warby Tungsten projects. Key technical milestones include an independent petrology study validating Mt Turner's gold system and promising tungsten assay results at Warby.

Ragusa Minerals has secured a controlling stake in Pegasus Tel Inc., gaining the Purple Pansy manganese-gold project in Arizona. Recent surveys and assays highlight promising high-grade manganese and gold mineralisation, positioning the company in a strategically important US critical minerals sector.

Aeris Resources has lifted its Group Mineral Resources by 24% and Ore Reserves by 50% to 61Mt and 21Mt respectively, driven by the Peel Mining acquisition and exploration success across its portfolio.

Metallium has validated its Flash Joule Heating technology through extensive testing and multi-reactor operation, advancing towards commercial e-waste processing at its Texas campus in H1 2027.

G50 Corp has raised A$26.25 million through a well-supported institutional placement, with Hancock Prospecting taking a significant stake. The funds will accelerate drilling and metallurgical work at its Golconda and White Caps projects in the United States.

Golden Dragon Mining has raised A$2.2 million through a strategic placement to Chengtun Gold, a subsidiary of Shanghai-listed Chengtun Mining Group, at a near 18% premium. The deal grants Chengtun a board seat and aims to accelerate exploration at the Cue Gold Project.

Green & Gold Minerals has swiftly advanced exploration at its newly acquired Herberton Conductor Metals Project, delivering impressive rock chip assays and completing drilling campaigns, while its Chillagoe Gold Project benefits from nearby mill ownership and expanded drilling capacity.

Regener8 Resources (ASX:R8R) has finalised its 100% acquisition of the Srebrenica North polymetallic project in Bosnia and Herzegovina, initiated a systematic soil sampling program, and raised $1.415 million through a non-renounceable entitlement offer to fund exploration and working capital.

Bison Resources (ASX: BSR) has launched its maiden exploration campaign across four Nevada projects following a $5.5 million IPO, revealing a promising 1.5-kilometre arsenic-antimony anomaly at Bald Peaks indicative of a Carlin-type gold system.

GreenTech Metals’ latest drilling at Munni Munni confirms thick, high-grade PGE-Cu-Ni zones while an independent review spotlights significant new copper targets. The company strengthens its balance sheet with a $7.5 million placement and key technical hires ahead of an ambitious drill campaign.