Latest Western Australia News

Trek Metals has accelerated its exploration at the Christmas Creek Project with expanded drilling revealing promising high-grade gold mineralisation and a newly discovered gold nugget field. Backed by a $3.5 million capital raise and government co-funding, the company is poised for further breakthroughs.

International Graphite Limited has partnered with Arctic Graphite AS to establish a new expandable graphite facility in Germany, aiming to bolster European supply with an initial 3,000 tonnes per year capacity. Backed by a potential $10 million funding commitment, this venture marks a strategic push into critical mineral processing amid rising demand.

Comet Resources has sold a significant stake in International Graphite, using part of the proceeds to clear its debt, triggering a board resignation and signaling a shift in shareholder dynamics.

Anax Metals has raised $3.3 million through convertible notes to push forward its Whim Creek copper-zinc project in Western Australia, while resolving a recent arbitration with its cornerstone investor Mineral Development Partners.

Kula Gold has reported its first JORC-compliant inferred resource estimate for the Mt Palmer Gold Mine tailings, revealing nearly 2,000 ounces of gold with promising recovery rates. The resource’s proximity to existing processing infrastructure could accelerate monetisation options.

Viking Mines reports significant gold discoveries at its Riverina East Project, including a new large gold anomaly and high-grade drill intercepts, alongside a promising underground mining study at First Hit.

Grange Resources reported a robust quarter with increased iron ore production and pellet sales at Savage River, maintaining excellent safety standards and managing costs below budget despite accelerated waste stripping. Progress on financing the North Pit Underground project and strategic moves on the Southdown Magnetite Project highlight growth ambitions.

eMetals Limited has completed initial soil sampling at its Busia Gold Project in Uganda, revealing a significant 300-meter-wide gold-in-soil anomaly. The company continues to advance exploration efforts across its Ugandan assets while negotiating land access for further work.

Blaze Minerals has acquired a commanding interest in the Loulombo Project in the Republic of the Congo, unveiling exceptional base metals grades and planning a maiden drilling campaign. Meanwhile, critical mineral discoveries in Uganda and a $2.42 million capital raise underpin its growth trajectory.

Tivan Limited has taken significant strides in financing its Speewah Fluorite Project, securing a conditional Letter of Support from Export Finance Australia and moving into the Northern Australia Infrastructure Facility’s due diligence phase. These developments mark important progress toward full project funding and highlight fluorite’s rising strategic importance.

Delta Lithium has completed the demerger and IPO of its Mt Ida Gold asset into Ballard Mining, raising $30 million and retaining a 46% stake, while significantly expanding its lithium project tenure in Western Australia.

Horizon Gold has completed a major drilling campaign at its Gum Creek Gold Project, delivering high-grade gold intercepts and advancing its feasibility study on track for early 2026. A $12 million capital raise post-quarter end aims to fund further exploration and project development.