Latest Royalties News

Alchemy Resources has agreed to sell its Karonie and Lake Rebecca gold projects to Forrestania Resources for $5 million in shares, while retaining a 1% royalty. This deal marks a strategic refocus on Alchemy’s promising New South Wales assets.

Forrestania Resources has struck a $5 million share-based deal to acquire 16 exploration licences in WA’s Eastern Goldfields, including the promising Karonie Gold Project. This move consolidates its regional presence and supports near-term production goals.

IRIS Metals has secured a farm-in agreement to earn up to 100% ownership of the Finley Basin Tungsten Project in Montana, marking a strategic expansion into a critical mineral vital for defence and advanced manufacturing.

Mammoth Minerals has secured an exclusive option to acquire the historic Imperial Gold Mine near its Excelsior Springs project in Nevada, significantly expanding its landholding and exploration potential in a prolific gold district.

Heavy Minerals Limited has defined a substantial garnet exploration target at the Kanmantoo site in South Australia, estimating up to 50 million tonnes grading 17-25% garnet. The company is advancing metallurgical testing and funding discussions, positioning for a near-term investment decision.

Deterra Royalties Limited has updated its dividend announcement, confirming a fully franked dividend of AUD 0.124 per share and setting the Dividend Reinvestment Plan price at AUD 4.28 with no discount.

Pearl Gull Iron Limited’s shares have been suspended from ASX trading following the sale of its main asset, the Cockatoo Island Project, as the company works to meet compliance requirements.

Noronex Limited has received the first A$1.25 million tranche payment from Joint Era Mining following due diligence completion on the Witvlei Copper Project sale, boosting its cash reserves and advancing its strategic focus.

OD6 Metals has secured an exclusive option to acquire the Quinn Fluorspar Project in Nevada, boasting ultra high-grade deposits critical to US supply chains. The move complements its rare earth and copper assets, backed by a $3.4 million capital raise.

Brightstar Resources has completed a US$120 million senior secured bond issue, complementing a recent A$193 million equity raise, to fully fund its Goldfields Project and advance the Sandstone Project towards final investment decision.

Australian Vanadium Limited has raised $7.5 million through a targeted placement to accelerate its vertically integrated vanadium strategy, including the Kalgoorlie battery energy storage project.

Viking Mines reports a remarkable 16-fold increase in tungsten concentrate grade from initial gravity separation testwork at its Linka Project, setting the stage for a rapid, low-capital development pathway.