Latest Mineral Resource News

Dundee Precious Metals has agreed to acquire Adriatic Metals in a recommended £924 million share and cash offer, valuing Adriatic at approximately US$1.25 billion and delivering a premium of over 47% to recent trading prices.

VBX Limited is set to raise $10 million through an initial public offering to fund the development of its Wuudagu Bauxite Project in Western Australia, supported by a positive pre-feasibility study and strong market fundamentals driven by China’s growing aluminium demand.

Brazilian Critical Minerals has achieved a significant milestone in its Ema project by successfully demonstrating magnesium sulphate migration and pH reduction in field trials, validating its in-situ recovery method for rare earth elements.

Carnaby Resources has revealed preliminary VTEM survey results identifying multiple new conductors at its Greater Duchess Copper Gold Project, highlighting promising targets in a largely unexplored southern corridor.

Macarthur Minerals has relaunched a renounceable rights issue to raise nearly A$2 million, fully underwritten by Gold Valley, aiming to fund its Lake Giles Iron Project and strengthen its balance sheet.

Ballymore Resources’ latest drilling at the Dittmer Project in north Queensland has uncovered exceptional bonanza-grade gold intersections, including a staggering 221.31 g/t gold over 0.4 metres. The company is now preparing to test a deep porphyry target that could redefine the project’s potential.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

Great Boulder Resources reports striking high-grade gold assays extending the Ironbark deposit at its Side Well Gold Project, signaling a potential resource upgrade and advancing development plans.

New Murchison Gold Limited has reported further high-grade gold intersections from its Crown Prince Gold Project, reinforcing the potential for a profitable open pit operation at its Garden Gully site near Meekatharra.

FireFly Metals Ltd has announced a flow-through share offer aiming to raise approximately A$11.2 million, targeting Canadian investors to fund regional exploration drilling. This offer complements a broader capital raising strategy to advance development at the Ming Mine and other key projects.

Larvotto Resources has reported impressive high-grade gold and antimony intercepts from its ongoing diamond drilling at the Hillgrove Project in NSW, signaling a promising update to its resource base and mine planning.

Australian Critical Minerals has agreed to acquire Circuit Resources, gaining a substantial portfolio of gold, copper, silver, zinc, lead, and lithium projects in Peru, unlocking immediate drill-ready targets with significant exploration upside.