Latest Project Acquisition News

Core Energy Minerals Ltd has fortified its uranium exploration ambitions with a $3.7 million capital raise and strategic acquisitions in South Australia, setting the stage for a busy 2025 exploration calendar.

Power Minerals has made significant progress with its maiden diamond drilling program at the Niobio Project in Brazil, while deciding not to proceed with the Tântalo Project acquisition due to access issues. The company also settled outstanding debts with Ultra Lithium, positioning itself for focused growth in South America.

Bayan Mining and Minerals has secured exploration rights over a 13,406-hectare gold-rich area in southern Brazil, positioning itself near significant gold anomalies and withdrawing from its Canadian lithium option to focus on high-potential assets.

Askari Metals reports significant exploration advances across its Australian gold and copper projects and secures a new uranium project in Tanzania, supported by fresh funding and leadership updates.

Yari Minerals reports promising lithium soil sampling outcomes at its Camel Creek project, identifying 17 anomalous samples out of 347, and resolves a key arbitration, clearing the path for future growth.

Taruga Minerals reports significant progress in Western Australia with new exploration license applications and ongoing copper project developments, alongside key corporate changes and a stable cash position.

Industrial Minerals Ltd reports encouraging progress in its High Purity Quartz projects, including promising testwork results and strategic marketing efforts in China, supported by a recent $2.3 million capital raise.

Tyranna Resources has completed a key drilling phase at its Namibe Lithium Project in Angola, intersecting visible spodumene and expanding its exploration footprint. The company also lodged its first license application as it pursues a broader strategy targeting demand-driven metals.

Altair Minerals Limited has voluntarily suspended trading of its shares pending a significant announcement about a proposed project acquisition, expected before markets open on February 3, 2025.

Mineral Commodities Ltd reported a steep net loss of USD 65.1 million for H1 2024, driven by operational disruptions at its Tormin mine and strategic moves including the sale of its Skaland Graphite Project.

Tivan Limited has advanced its Speewah Fluorite Project with a $7.4 million government grant and Major Project Status, alongside a joint venture MoU with Sumitomo Corporation and promising drilling results at Sandover.

Rimfire Pacific Mining's December 2024 quarterly report reveals its highest-grade scandium intercept to date at Murga and strategic expansion with the Rabbit Trap Scandium Project acquisition, alongside promising cobalt-copper results at Broken Hill.