Latest Strategic Metals News

Red Mountain Mining has verified significant tungsten mineralisation at its Pioneer Tungsten Project, with rock chip assays rivaling nearby major deposits. The company is gearing up for further sampling and potential drilling to explore this critical minerals opportunity.

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.

Dart Mining NL is advancing a comprehensive review of its 100% owned tin-tungsten tenements in Northeast Victoria, aiming to unlock value from historic mines as tin and tungsten prices soar.

Morella Corporation’s final 2026 drilling results at Mt Edon reinforce broad rubidium mineralisation and reveal multiple higher-grade zones, advancing the project toward its maiden JORC Mineral Resource Estimate.

Almonty Industries has closed a US$700 million convertible senior notes offering, including a full US$100 million over-allotment exercise, bolstering its balance sheet to accelerate development of the Sangdong tungsten mine and secure a non-China supply chain for Western defence.

Dart Mining has wrapped up a major 4,100m diamond drilling campaign at the Coonambula project, triggering an increase in its ownership to 45% and revealing promising gold, silver, and antimony grades.

Lode Resources has discovered a new silver-zinc replacement mineralisation system adjacent to its existing Montezuma silver-antimony resource in Tasmania, opening a fresh exploration front with potential to significantly expand its 8.2Moz AgEq resource base.

Resouro Strategic Metals has locked in a binding agreement with Future Mining and Buri Gold to fund and operate mining and processing at its Novo Mundo gold project in Brazil, aiming to generate cash flow without diverting capital from its flagship Tiros project.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.

Tartana Minerals revises its corporate presentation to clarify prior disclosures while spotlighting a $4.5 million capital raise to boost copper sulphate production and expand drilling across its Far North Queensland portfolio.

Energy Transition Minerals has secured a non-binding MOU with Traxys Europe for the potential exclusive offtake of tin, tantalum, and niobium concentrates from its Penouta mine, positioning the project as a strategic Western source of critical minerals.

American West Metals (ASX: AW1) has raised A$10 million through an oversubscribed institutional placement to fast-track exploration at its West Desert and Storm Copper projects, focusing on high-demand critical metals.