Latest Materials News

Xenora Minerals has identified new high-priority lithium drilling targets at its Dudley Project following an independent geochemical review, with infill sampling set for October and an expanded drilling campaign planned for early 2026.

Sarytogan Graphite Limited has reported strong high-grade graphite intersections from its latest drilling campaign in Kazakhstan, reinforcing its position as the world’s highest-grade graphite resource. These results underpin an upcoming resource and reserve upgrade feeding into the ongoing Definitive Feasibility Study.

Krakatoa Resources is rapidly advancing exploration at its Zopkhito Gold and Antimony Project in Georgia, with underground core sampling and a two-rig diamond drilling program targeting a maiden JORC-compliant resource. The project’s strategic location offers a rare European source of critical minerals amid global supply concerns.

Fortescue Ltd has initiated a US$600 million tender offer to repurchase select senior notes, aiming to streamline its debt profile and support sustainability financing efforts.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Magmatic Resources has responded to ASX queries over a recent spike in its share price and trading volume, confirming no undisclosed information exists. The company points to pending assay results from its Weebo Gold Project drilling as the likely catalyst for market interest.

Renegade Exploration Limited has had its trading suspension lifted following an announcement on the status of its recently lodged mining claims, signaling renewed market activity.

Renegade Exploration Limited has encountered competing mining claims over its recently staked ground in California’s Mountain Pass, prompting investigations into claim validity and potential legal action.

Delorean Corporation has clarified the timing and rationale behind its delayed disclosure of a $3.3 million profit reduction linked to grid connection delays on its Yarra Valley Water project.

Pacgold Limited has agreed to acquire the White Dam Gold Operation in South Australia, unlocking near-term gold production and cash flow with minimal upfront capital. The acquisition complements its Queensland projects and sets the stage for growth.

Pacgold Limited has disclosed its acquisition of the White Dam Gold Operation following an ASX price query triggered by unusual trading activity. The company also announced plans for a capital raising to support the transaction.

Riversgold Limited has significantly expanded its Kalgoorlie Gold Project by acquiring a new tenement, increasing the project area by 170%. This strategic move positions the company for enhanced gold production opportunities in a prolific mining region.