Latest Rare Earths Exploration News

Eclipse Metals is set to launch a diamond drilling program at its Grønnedal Rare Earth Project in Greenland, aiming to expand a substantial rare earth resource. Concurrently, assays reveal promising concentrations of critical minerals rubidium and gallium at Ivigtut, positioning the company strategically within evolving global supply chains.

Basin Energy Limited has secured $1.25 million to advance exploration of uranium and rare earth metals across strategic Tier-1 jurisdictions, positioning itself amid rising global demand for clean energy minerals.

Victory Metals secures $11.5 million through a strategic placement to accelerate drilling and development at its North Stanmore heavy rare earth project, reinforcing its position as Australia’s leading rare earths explorer.

Kaili Resources has responded to ASX inquiries following volatile trading, confirming imminent rare earth element drilling in South Australia and revealing detailed shareholder data.

Bayan Mining and Minerals Limited has secured $3.27 million through a strategic placement to fast-track exploration at its Desert Star projects in California’s Mojave Desert, positioning itself near major rare earth and gold mining operations.

Peak Rare Earths Limited has entered a scheme of arrangement with Shenghe Resources (Singapore) Pte. Ltd., valuing the company at approximately A$158 million. The scheme offers Peak shareholders a cash consideration of no less than A$0.359 per share, representing a 199% premium to the last closing price.

Kaili Resources has received official approval to begin a targeted drilling program for rare earth elements across three tenements in South Australia’s Limestone Coast region, advancing its exploration ambitions in a promising mineral province.

Core Energy Minerals reports significant rare earth element assay results from initial soil sampling at its Tunas Project in Brazil, with peak TREO values nearing 3,000ppm. The company is set to launch systematic auger drilling to define future targets.

Peak Rare Earths Limited shareholders are set to vote on a scheme of arrangement proposing acquisition by Shenghe Resources (Singapore) Pte. Ltd., valuing Peak at approximately A$158 million and offering a substantial premium over recent trading prices.

Enova Mining is set to begin maiden diamond drilling at its East Salinas Project in Brazil, targeting promising high-grade rare earth element mineralisation. The campaign aims to test depth continuity along a 4km strike with results expected to shape the project's future.

Havilah Resources has struck a binding deal with Heavy Rare Earths, granting earn-in rights to its Prospect Hill tin project with a $1.5 million exploration commitment over three years. The arrangement allows Havilah to focus on its copper assets while retaining significant upside exposure.

Enova Mining has raised $0.85 million to fund a diamond drilling campaign targeting high-grade rare earth elements at its East Salinas Project in Brazil, signaling strong investor confidence and advancing its critical minerals portfolio.