Latest Zinc News

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.

Alvo Minerals has announced an accelerated pro-rata entitlement offer to raise approximately $1.56 million, aiming to fund its Palma Cu/Zn Project and other exploration activities in Brazil. The offer includes new shares and free attaching options, presenting shareholders with a discounted opportunity to increase their holdings.

Coolabah Metals Limited is set to raise $15-20 million through a public offer to acquire Broken Hill Mines Pty Ltd, aiming to restart operations at the Rasp and Pinnacles Mines in NSW. The move marks a strategic shift towards production, subject to shareholder and ASX approvals.

Variscan Mines Limited continues to reveal promising high-grade zinc and lead mineralisation outside the existing resource boundaries at its Udías Mine in Spain, signalling significant growth potential for the Novales-Udías Project.

Develop has initiated significant underground and surface infrastructure works at its Sulphur Springs zinc-copper project in Western Australia, setting the stage for an updated feasibility study and de-risking the project’s development.

Nordic Resources has validated a significant new indicated gold resource at the Kiimala Trend in Finland, lifting its total gold equivalent inventory close to 1 million ounces. This milestone follows the pending acquisition of three Finnish gold projects from Northgold AB.

Korab Resources has successfully renewed its Exploration Licence EL31341, extending its tenure at the mineral-rich Rum Jungle Project near Batchelor, Northern Territory. This renewal underpins ongoing exploration efforts in a highly prospective region.

Korab Resources has extended the completion date for the sale of its Geolsec mineral lease, securing higher royalty rates in the process. This move reshapes the financial terms of a key transaction tied to its Northern Territory phosphate project.

Asara Resources assures investors its Kada Gold Project permits remain intact despite Guinea’s recent revocation of over 120 exploration permits. Drilling has already commenced, signaling continued progress.

Alicanto Minerals is set to launch a targeted, low-cost exploration program this northern summer across its Swedish Falun and Sala projects, aiming to unlock new copper, gold, and silver prospects while advancing strategic partnerships.

Lincoln Minerals has identified multiple sulphide mineralisation zones over a 7km strike at its Minbrie Copper-Base Metals Project, elevating a new priority drill target and preparing for drilling in H2 2025.

Coolabah Metals Limited is set to transform into a producing miner with its $15-20 million capital raise, conditional on acquiring Broken Hill Mines Pty Ltd and resuming ASX trading.