Latest Us Mining Sector News

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

Viking Mines has entered a binding agreement to acquire six high-grade tungsten projects in Nevada, backed by a strategic investment from American Tungsten Corp and a $4.29 million capital raise. The acquisition marks a significant expansion into the critical US tungsten market amid rising global demand.

Red Mountain Mining has significantly enlarged its Yellow Pine Antimony Project in Idaho by acquiring additional claims, increasing the project footprint by 75%. Positioned near major gold-antimony deposits, this move strengthens its foothold in a critical US mining district.

Diablo Resources has initiated exploration at its Star Range Project in Utah, targeting exceptional silver and antimony grades with modern techniques and strategic US government backing.

Red Mountain Mining has significantly increased its presence in Idaho’s critical minerals sector by acquiring the Silver Dollar Antimony Project, adding high-grade historical antimony-gold mineralisation to its portfolio. This move enhances RMX’s strategic position in the US critical metals market.

Renegade Exploration Limited has expanded its US footprint by acquiring 39 claims in California’s Mountain Pass area, positioning itself near major gold and rare earth mines with immediate exploration plans underway.

Diablo Resources has wrapped up its maiden drilling at the Phoenix Copper Project in Utah, with assay results pending and plans underway for further exploration at the Fair Dinkum Prospect. The company is also eyeing expansion across the US critical minerals sector amid supportive government initiatives.

Red Mountain Mining has secured 87 claims in Utah’s historically rich Antimony Mining District, strategically adjoining Trigg Minerals’ high-grade Antimony Canyon Project. This move strengthens RMX’s position in the US critical minerals sector amid rising antimony prices and government supply chain initiatives.

IRIS Metals has confirmed high-grade lithium mineralisation at its Edison Project in South Dakota, revealing promising drill results that bolster its US development ambitions. The company plans further drilling and an economic study to advance its lithium portfolio.

Resolution Minerals Ltd has entered a binding agreement to acquire the Horse Heaven Project in Idaho, a promising antimony-gold-silver-tungsten asset adjacent to a major US mine, with drilling planned for 2025.

Global Uranium and Enrichment Limited is set to launch a major 38,000-metre drilling campaign at its Pine Ridge Uranium Project in Wyoming’s Powder River Basin, aiming to unlock a significant uranium resource in a leading US mining region.