MDF Global MDF Global
Precore taps $3.6 billion fundraiser for $6 million placement•Electra extends Glencore cobalt deal through 2031•Standard Uranium confirms uranium fertility at Corvo•Terra secures Glen Eden land access for tungsten drilling•Fin Resources begins drilling across 14 priority targets•Elevra secures long-term Canadian lithium customer•E79 books heritage survey ahead of October drilling•DOE pumps another $700 million into critical minerals midstream•Terrain Minerals maps seven Smokebush drill targets•ASX mining dividends and buybacks rise as gold and copper stay high•Astral confirms shallow ‘high-grade’ gold at Think Big•Apex’s Rift Project hunts down ‘favourable’ rare earths•Brazil’s dam disaster reparations gain traction with new signatories•Mining ties stretch from Queensland to Latin America•Gold Terra banks $10.3 million for drilling•First Canadian Graphite expands Zone 13 exploration program•Liberty kicks off maiden Guyana gold exploration•GoldInxs secures permits for inaugural drilling at Fishpot•Noble Helium acquires Earth Source Hydrogen in WA expansion•Rackla backs geological study at Lentung Tungsten Project Precore taps $3.6 billion fundraiser for $6 million placement•Electra extends Glencore cobalt deal through 2031•Standard Uranium confirms uranium fertility at Corvo•Terra secures Glen Eden land access for tungsten drilling•Fin Resources begins drilling across 14 priority targets•Elevra secures long-term Canadian lithium customer•E79 books heritage survey ahead of October drilling•DOE pumps another $700 million into critical minerals midstream•Terrain Minerals maps seven Smokebush drill targets•ASX mining dividends and buybacks rise as gold and copper stay high•Astral confirms shallow ‘high-grade’ gold at Think Big•Apex’s Rift Project hunts down ‘favourable’ rare earths•Brazil’s dam disaster reparations gain traction with new signatories•Mining ties stretch from Queensland to Latin America•Gold Terra banks $10.3 million for drilling•First Canadian Graphite expands Zone 13 exploration program•Liberty kicks off maiden Guyana gold exploration•GoldInxs secures permits for inaugural drilling at Fishpot•Noble Helium acquires Earth Source Hydrogen in WA expansion•Rackla backs geological study at Lentung Tungsten Project
  • Home
  • News
  • Rockets and Tanks: Traka’s shares climb 100%
Rockets and Tanks Traka Resources
WRITTEN BY Aaliyah Rogan

Rockets and Tanks: Traka’s shares climb 100%

There was a lot of movement on the ASX across the mining sector on Tuesday, including junior explorer Traka Resources (ASX:TKL), which saw its share price climb 100% to $0.002. 

Traka Resources has not released any news on the ASX since 28 June when it announced a completed capital raising had brought in $690,000 to support a rare earths and niobium acquisition in Mozambique. 

Gold and copper-focused explorer Killi Resources’ (ASX:KLI) share price also soared, climing 74.41% to $0.075 after confirming “high-grade” copper and gold at the Kaa target, within the Mt Rawdon West Project. 

Killi, which has a market capitalisation of $5.16 million, received assays from surface rock chip samples which returned up to 238 grams per tonne (g/t) gold, 2.1% copper, and 513g/t silver. 

Uranium-vanadium explorer Moab Minerals’ (ASX:MOM) share price jumped 33.33% to $0.004, amid completion of an acquisition of advanced uranium assets in Tanzania. 

The company announced yesterday it had completed the acquisition of 81.85% of shares in privately held Linx Resources, which owns the Manyoni and Octavo Uranium projects, encompassing 216km2. 

Meanwhile, gold explorer Pacgold’s (ASX:PGO) share price increased 30.76% to $0.170 on the back of no news. 

Pacgold, which has a market capitalisation of $10.93 million, is focused on progressing its flagship Alice River Gold Project in North Queensland. 

Tankers

Gold explorer and developer Classic Minerals (ASX:CLZ) has seen a 50% decrease in its share price to $0.001 on the back of no news. 

Prodigy Gold’s (ASX:PRX) shares have also fallen 33.33% to $0.002. 

On 5 July, the greenfields and brownfields explorer announced it had returned up to 182g/t gold in rock chips from its Reynolds Range Project. 

Antilles Gold’s (ASX:AAU) share price dropped 25% to $0.003 on the back of no news. 

The gold and copper-focused company is currently advancing its projects in Cuba. 

Further, Altair Minerals’ (ASX:ALR) shares dipped 20% to $0.004. The company has not released any news since 3 July on the appointment of advisors to strengthen its plans at Olympic Domain.  

Write to Aaliyah Rogan at Mining.com.au   

Images: Traka Resources
Add to Watch List:
Author Image
Written By Aaliyah Rogan
Now based in London as Mining.com.au’s Europe Correspondent, Aaliyah brings years of dedicated reporting mining news. Relocating from New Zealand to Australia before making the leap to the UK, she's built a reputation for sharp storytelling and a genuine passion for the resources industry. When she’s not chasing the latest developments across Europe, Aaliyah can be found exploring new cities, enjoying good food with friends, or unwinding by the water.

Related Articles

Avira Resources generated image

Avira confirms ‘high-grade’ gold at depth

Avira Resources (ASX:AVW) reports ‘standout’ intercepts from its maiden reverse circulation drilling at the Mt Cattlin Gold Project in Western...
13 August 2026
Pacgold White Dam Gold Project

Pacgold funded for White Dam ramp-up and expansion

Pacgold (ASX:PGO) has received firm commitments to raise a $13 million placement to fund a continued production ramp-up and expansion...
31 July 2026
Pacgold White Dam Gold Project in South Australia

Pacgold finds the tip of the iceberg beneath White Dam

Pacgold (ASX:PGO) has intersected ‘high-grade’ gold and copper sulphide mineralisation beneath the existing oxide resource at White Dam North in...
23 July 2026

Juniors turn past-producing assets into new gold streams

Eldorado Gold (TSX:ELD) and Thor Explorations (TSX-V:THK) are both advancing toward meaningful production profiles, marking a transition from junior developers...
23 July 2026