Latest Metals News

Horizon Gold advances its Gum Creek Gold Project with ongoing diamond drilling and a major upcoming RC drilling campaign aimed at upgrading its 2.14 million ounce gold resource. The company also strengthens its balance sheet following a strategic share sale.

Narryer Metals has launched the next phase of exploration and metallurgical studies at its Rocky Gully project, targeting new geophysical zones and pioneering eco-friendly rare earth extraction methods.

Fortescue Metals Group has delivered its highest ever half-year iron ore shipments of 97.1 million tonnes, alongside a notable 10% reduction in hematite production costs, underscoring operational strength and advancing decarbonisation efforts.

NIMY Resources has reported record-high gallium grades at its Block 3 East prospect, positioning itself as a potential key supplier in a market set to surge tenfold by 2034.

Peregrine Gold Limited has agreed to sell its Deadman Flat and Perry Creek Project to Capricorn Metals Ltd for A$1.5 million in shares, while maintaining upside through royalties and milestone payments. This deal strengthens Peregrine’s balance sheet and accelerates its focus on the Tin Can Trend exploration.

Nova Minerals has reported remarkable high-grade gold and gallium discoveries at its Wombat prospect within the Estelle Project, reinforcing the site's potential for significant mineral wealth and future drilling campaigns.

Powerhouse Ventures Limited reports a robust quarterly performance with a notable uplift in net tangible assets to 10.4 cents per share, driven by strategic acquisitions and active investment management.

Bubalus Resources has appointed Brendan Borg as Managing Director, positioning the company to accelerate exploration at its Victorian Gold Projects amid a buoyant gold market.

Capricorn Metals has secured the Deadman Flat Project, adding 270 square kilometres to its Karlawinda Gold Project tenure in the Pilbara. This strategic acquisition enhances exploration potential along a highly prospective craton margin.

S2 Resources reports promising exploration advances across multiple projects, including new targets at Warraweena and West Murchison, ongoing drilling at Glenlogan, and the launch of three new Victorian gold projects. The company maintains a solid cash position to support its $1.5 million planned expenditure next quarter.

AIC Mines reports compelling high-grade copper intersections from recent drilling at the Jericho deposit, setting the stage for a significant resource upgrade in March 2025.

Iceni Gold Limited reports significant expansion of the Guyer gold anomaly at its 14 Mile Well Project, unveiling robust gold mineralisation across a broad footprint. The company prepares for a major reverse circulation drilling campaign backed by Gold Road Resources.