Latest Cobalt News

Chalice Mining reports a robust cash position of approximately $90 million and no debt as it progresses the Gonneville Project towards a targeted Final Investment Decision in 2027. The appointment of Dan Brearley as COO signals strengthened operational leadership amid ongoing metallurgical testwork and exploration activities.

Cobalt Blue Holdings has completed a non-renounceable entitlement issue, raising just over half a million dollars but leaving a significant shortfall of shares unclaimed. The company now holds discretion to place these shortfall shares within three months.

Sabre Resources Ltd has identified four new uranium chargeability anomalies at its Dingo Project in the Northern Territory, expanding its exploration potential in the Ngalia Basin. The company plans to drill test these targets pending regulatory approval.

Gold Mountain Limited reveals significant Nickel-Copper-PGE anomalies at its Iguatu North Project in Brazil, marking a new exploration frontier with plans for targeted drilling.

Nico Resources Limited reports steady progress on its flagship Wingellina nickel-cobalt project, highlighted by successful metallurgical testwork and Major Project Status recognition, despite cautious spending amid weak market conditions.

Sipa Resources has inked agreements to acquire four advanced gold projects in South Australia and Western Australia, positioning itself for a significant exploration boost. The $2.2 million deal, coupled with a $1.75 million capital raise, signals a strategic pivot towards expanding its resource base.

Nordic Resources has secured three additional exploration licences at its Pulju nickel-copper-cobalt project in Finland, expanding its granted tenure to 46 square kilometres and consolidating 12 kilometres of continuous strike within a key mineralised formation. This strategic move enhances the company’s potential to develop a significant European critical metals resource.

Asian Battery Metals has released final assay results from its 2024 Phase 2 drilling at the Oval Cu-Ni-PGE project in Mongolia, confirming multiple high-grade massive sulphide intercepts that underscore the prospect's potential.