Latest Rare Earths News

Viridis Mining and Minerals has raised AU$11.5 million through a heavily oversubscribed placement, strengthening its balance sheet to advance the Colossus Rare Earth Project towards Final Investment Decision. The funding, backed by institutional and strategic Brazilian partners, positions Viridis with nearly AU$58.5 million in cash to accelerate development and regulatory approvals.

ACDC Metals has reported strong scoping study results for its Goschen Central heavy mineral sands and rare earth project, highlighting a promising 14-year mine life and a strategic retention licence application to support ongoing development.

Ionic Rare Earths’ Belfast plant is ramping up production of critical heavy rare earth oxides to meet soaring demand from Western markets following China’s export restrictions. This strategic move positions the company as a key supplier for defence, renewables, and advanced manufacturing sectors.

AusQuest Limited reports significant expansion of its copper-gold system at the Cangallo Project in Peru, alongside progress across multiple Australian base metal projects, supported by a solid cash position and strategic funding.

Locksley Resources has advanced its Mojave Project with critical drilling permits secured, a strategic $1.47 million capital raise, and a new U.S. OTCQB listing, setting the stage for maiden drilling campaigns targeting rare earths and antimony.

Peak Minerals reports a significant expansion of heavy mineralisation at its Minta Rutile Project in Cameroon, alongside a $3.5 million strategic investment that fully funds its 2025 exploration plans.

Mamba Exploration Limited has decided to restart gold exploration at its Ashburton Project in Western Australia, backed by a strategic review and a cash position of $579,000. Historical data points to promising high-grade gold targets, setting the stage for a detailed exploration program.

Ardea Resources reports significant progress on its Kalgoorlie Nickel Project, completing key drilling and metallurgical work while securing $4.6 million in strategic funding from Sumitomo Metal Mining. The company remains well-funded as its joint venture partners advance the Definitive Feasibility Study.

Resource Base Limited has secured two new tenements in South Australia's Gawler Craton, reinforcing its rare earth and lithium exploration portfolio amid stable cash reserves and ongoing projects in Canada and Australia.

Sabre Resources has revealed promising rockchip sampling results at its Dingo Uranium Project, identifying three new target areas rich in uranium, critical metals, and rare earth elements. Planned soil sampling and drilling aim to further evaluate these discoveries.

Encounter Resources has announced a significant maiden mineral resource at its Aileron Niobium-REE-Copper Project and regained full ownership of the Yeneena Copper Project, setting the stage for accelerated exploration and development.

Legacy Iron Ore Limited reported solid progress in its June 2025 quarter, with ongoing gold production at South Laverton and key development milestones at the Mount Bevan magnetite project.