Company Summary

Magnetic Resources NL engages in the exploration of mineral tenements in Western Australia. It primarily explores for gold, nickel, copper, platinum group element, and iron deposits. The company's Flagship project holds 100% interests in the Lady Julie Central Project; Lady Julie North 4; and The Hawks Nest 9 Project. It holds interest in various projects and tenements, such as Julimar Lookalike; and Chatterbox Shear Zone. Magnetic Resources NL was incorporated in 2006 and is based in West Perth, Australia.

Materials

Other Industrial Metals and Mining

Announcements

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Articles

Korab Resources: $4.35M Mineral Lease Sale, Royalty Hike

Korab Resources Limited has extended its Geolsec mineral lease sale deadline to November 2025, with increased royalty rates. The deal, valued at $4.35 million plus future royalties, boosts immediate cash flow and long‐term revenue potential, supporting the company’s strategic exploration and asset monetization efforts in Australia’s mining sector.

KOR

Court OKs Aston Minerals Limited, Torque Metals Limited Merger

Aston Minerals Limited and Torque Metals Limited have secured court approval for their merger scheme. The deal, set for early June 2025 completion, will see trading suspension and key date announcements, marking a significant development that beginner traders should watch closely.

ASO

Court OKs Merger: Torque Metals Buys Aston Minerals

Aston Minerals Limited and Torque Metals Limited have secured court approval for their merger scheme, paving the way for Torque to acquire Aston. Key trading events are scheduled for late May and early June, marking a significant milestone for both companies.

TOR

Asara Resources: Guinea Permits Safe, Gold Drilling Underway

Asara Resources Limited confirmed that its Guinea Kada project’s permits remain intact despite over 120 exploration permits revoked by the Ministry of Mines. Drilling began on 27 May 2025, and exploration continues, reassuring shareholders and emphasizing project resilience amid regulatory changes.

AS1

Tanami Gold NL: Trading Surge Linked to Gold Price Rise

Tanami Gold NL attributes its recent spike in trading activity solely to rising gold prices. The company confirms full compliance with disclosure rules and assures investors that no undisclosed information is driving the market movement, underscoring its commitment to transparency and regulatory adherence.

TAM

Emu NL Share Placement: Interim Order Restricts Trading

Emu NL is under interim share restrictions after an application by Wayburn Holdings prompted the Takeovers Panel to block disposal of shares from its May placement. These measures, effective for up to two months or until further notice, aim to maintain stability amid ongoing proceedings—a key update for beginner traders.

EMU

Magnum Mining Suspends Class After Offer Cancellation

Magnum Mining and Exploration Limited has suspended trading for one of its security classes after cancelling its entitlement offer. This regulatory action may impact market sentiment, presenting a dynamic development for beginner traders keeping an eye on resource sector movements.

MGU

Hawsons Iron Limited: Price Spike, No Hidden News

Hawsons Iron Limited confirmed that its recent share price spike was solely due to a routine update on its iron project, with no undisclosed developments influencing trading. The company remains fully compliant with continuous disclosure rules, ensuring transparent market communications for its investors.

HIO

FAR Limited Handles $6M Woodside Claim: Key Impacts

FAR LIMITED is contesting a near-US$6M payment demand from Woodside Energy Senegal over a past sale agreement, reserving all legal rights. Further updates are expected as discussions on the claim continue.

FAR

Havilah Resources Begins Multi-Metal Drilling at Johnson Dam

Havilah Resources Limited has begun its second round of RC drilling at the Johnson Dam prospect, targeting near-surface hardrock uranium along with copper, cobalt, and rare earth elements. The program follows encouraging 2023 results and aims to identify an open pit style deposit with strong metallurgical potential.

HAV

American Rare Earths Advances Wyoming Mine Permitting

American Rare Earths Limited has advanced permitting at its Wyoming Cowboy State Mine by installing groundwater monitoring wells. This crucial step supports streamlined state approvals and underpins an on-track Pre-Feasibility Study for late 2025, paving the way for one of the largest U.S. rare earth projects.

ARR

"Pivotal Metals Boosts Exploration: Bonanza Au & Cu Targets"

Pivotal Metals Limited updates its exploration announcement with refined data, highlighting bonanza-grade gold and high-grade copper and nickel targets at its Canadian Lorraine prospect. This strengthened dataset boosts optimism for unlocking significant discoveries in its critical minerals portfolio.

PVT

Perpetual Resources Ltd Expands Lithium Targets in Brazil

Perpetual Resources Ltd has identified a significant high-grade lithium soil anomaly in Brazil’s Lithium Valley. The expanded 1.4 km corridor enhances drill target potential, with a maiden reverse circulation drilling campaign scheduled to commence in early June 2025.

PEC

Western Gold Resources: Court-Mandated Share Sales Begin

Western Gold Resources announced that major shareholders Incor Holdings Limited and Pangaea Resources Limited must sell their stakes to Harder Investments Limited following a court order. An off-market share transfer is being arranged via corporate advisors, pending final approval by the Supreme Court of Western Australia.

WGR

Predictive Discovery Limited: Permit Revoked, Bankan Advance

Predictive Discovery Limited announced that Guinea’s government revoked over 100 exploration permits, including those for Argo and Bokoro. The company plans to appeal the decision, while progress continues on the Bankan Gold Project’s permit application covering a significant mineral resource.

PDI

Pacgold Limited Trading Halt Pending Capital Raising

Pacgold Limited has temporarily halted trading to prepare a key capital raising announcement. Trading is paused until either the announcement is released or normal trading resumes on May 30, 2025. This step is aimed at ensuring a clear market update for investors.

PGO

Podium Minerals Limited: $2.61M Raise Fuels PGM Growth

Podium Minerals Limited announces a capital raise to further develop its promising Parks Reef PGM project. With significant resource growth potential and a strategic focus on high-grade metallurgical flowsheets, this move positions the company well to benefit from tightening global supply and rising PGM prices.

POD

Podium Minerals Limited Secures $2.6M for PGM Upgrades

Podium Minerals Limited has launched a fully underwritten $2.6m entitlement offer at a discounted issue price. Proceeds will fund metallurgical testing at its flagship Parks Reef Project to enhance PGM and base metal recovery and expand its resource portfolio, positioning the company for future market opportunities.

POD

Victory Metals Limited Secures $4M for Rare Earth Project

Victory Metals Limited secures $4m in placements from high-profile investors and management, boosting confidence in its flagship North Stanmore heavy rare earth project. The funds will fast-track the pre-feasibility study and development, positioning the company for significant growth in Australia’s critical minerals market.

VTM

Redstone Resources Gains $600K for West Musgrave Drill

Redstone Resources Limited raises $600K through a private placement to fund deep drilling at its West Musgrave Copper Project. The exploration targets high-grade copper and potential Cu-Ni discoveries, offering exciting prospects for early-stage investors in the mining sector.

RDS

Mt Malcolm Mines NL Boosts Growth with $457K Entitlement

Mt Malcolm Mines NL closed its equity entitlement offer, issuing nearly 20 million new shares on 28 May 2025. The strong shareholder uptake fuels investor confidence as the company advances drilling and exploration projects in Western Australia, with additional opportunities available through the shortfall facility.

M2M

Flagship Minerals Limited: Trading Halt Ahead of Equity Raise

Flagship Minerals Limited has paused trading while it prepares to announce an equity raise via placement. Trading is set to resume on May 30, 2025—or sooner if an update is released—providing a chance for investors to stay tuned for a new market development.

FLG

Titanium Sands Limited: Retentions Boost Mining License Path

Titanium Sands Limited secured one-year retentions for key licenses in its high-grade zone. This milestone enables ongoing environmental studies and positions the company to pursue an Industrial Mining License, reinforcing its path toward a high-grade mineral sands operation in Sri Lanka.

TSL

Equatorial Resources Clarifies Guinea Permit Status

Equatorial Resources Limited clarifies that no formal cancellation of its Guinea exploration permits has been received despite media reports. The company is actively engaging with local authorities on renewals and will update the market as further clarifications emerge.

EQX

Kali Metals Limited Finds 19g/t Gold at Marble Bar

Kali Metals Limited reports impressive high-grade gold assay results—up to 19 g/t—from 276 rock-chip samples at its Marble Bar Gold Project. A 1.4 km gold-bearing outcrop was defined, with upcoming drone surveys and mapping set to expand this promising mineralized trend.