Latest Rare Earths News

Dreadnought Resources has reported exceptional high-grade gold intercepts from infill drilling at its Star of Mangaroon project, signaling a significant resource upgrade and improved project economics.

Peak Rare Earths has secured an increased cash offer from Shenghe Resources, valuing the company at A$195 million. An independent expert confirms the revised scheme remains fair and reasonable for shareholders.

Bayan Mining and Minerals has identified four compelling rare earth element targets at its Desert Star Projects in California, leveraging advanced geophysical data near the Mountain Pass Mine. The findings set the stage for detailed ground surveys and potential drilling.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

Shenghe Resources has increased its cash offer to acquire Peak Rare Earths to A$195 million, representing a significant premium and a best and final proposal. The Peak Independent Board Committee unanimously recommends shareholders support the scheme, pending an independent expert's endorsement.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

BPH Global has secured a 12-month Master Services Agreement with Singapore’s Marchwood Laboratory Services to enhance its research on extracting rare earth elements from seaweed, focusing on four critical metals vital to clean energy and technology.

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Locksley Resources has listed on the Frankfurt Stock Exchange, boosting its profile in Europe while advancing its Mojave critical minerals project in the U.S. The company is also exploring multiple pathways to enter U.S. capital markets and has secured key government registrations.

FMR Resources has raised $3.4 million through a strategic equity placement to accelerate exploration at its Southern Porphyry target in Chile, aiming to unlock significant copper and gold potential.

Krakatoa Resources has lodged a strategic application to expand its Mt Clere Project eastward, potentially extending its rare earth footprint by over 9km at Dingo Pass, while completing a key drilling program at Stone Tank.

Metallium Ltd has appointed former U.S. Deputy Assistant Secretary of Defense Travis Langster to its U.S. advisory board, aiming to strengthen ties with government and industry for critical metals supply chain resilience.