Latest Materials News

Prodigy Gold NL has updated its Mineral Resource estimate for the Tregony Gold Deposit, reporting a 25% increase in gold ounces to 80,000oz, driven by 2024 drilling and a lower cut-off grade. The company plans further drilling in 2025 to build on this momentum.

Kingston Resources reports exceptional high-grade gold and copper intercepts from underground drilling at Mineral Hill’s Southern Ore Zone, revealing significant potential to expand the mine’s resource base and extend its life.

Turaco Gold’s latest drilling at the Toilesso prospect confirms multiple high-grade gold shoots along the Afema Shear, signaling promising resource growth potential beyond the current 3.55Moz estimate.

Savannah Goldfields has announced a promising new gold Exploration Target at its Big Reef Deposit within the Georgetown Project, potentially extending its resource base and supporting imminent mining plans.

Maronan Metals has significantly expanded its resource confidence at the Maronan Project, reporting a 2.5-fold increase in the Indicated Silver-Lead resource and introducing a maiden Indicated Copper-Gold resource. This update underscores the project’s growing potential as it advances towards development.

Alcoa Corporation has updated its dividend distribution details, confirming a quarterly payout of USD 0.10 per security with multiple currency payment options and important tax withholding information.

Treasury Wine Estates faces a pivotal shift as RNDC ends its California distribution, prompting a strategic rethink amid a slightly lowered FY25 EBIT forecast.

Equinox Resources has validated refinery-grade bauxite with strong extractable alumina and notable gallium concentrations at its Campo Grande Project in Brazil, reinforcing its position in the critical minerals sector.

Lincoln Minerals reports breakthrough metallurgical results from its Kookaburra Graphite Project, achieving ultra-high purity graphite suitable for lithium-ion battery anodes without using hazardous hydrofluoric acid. This advance supports the company’s downstream processing ambitions in South Australia.

OFX Group Limited has responded to ASX concerns over its FY25 earnings disclosure, confirming earnings below consensus but no breach of continuous disclosure rules.

Mithril Silver and Gold has acknowledged undisclosed channel sample results at its El Apomal target, explaining recent unusual trading activity. The company has entered a trading halt ahead of a formal announcement expected by 3 June 2025.

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.