{"url":"https://newsforagent.com/news/2026-11-10/terra-metals-record-pgm-dante-results","markdown_url":"https://newsforagent.com/news/2026-11-10/terra-metals-record-pgm-dante-results.md","title":"Terra Metals Hits Four-Week High on Record PGM Results","headline":"Terra Metals Shares Jump 20.7% After Record Platinum Group Metal Results at Dante Project","description":"Terra Metals shares rose 20.7% to A$0.175 after project-best platinum group metal results at its Dante Project in Western Australia, a sulfide discovery.","section":"Research & Clinical Trials","published_at":"2026-11-10T04:37:05+00:00","modified_at":"2026-11-10T04:37:05+00:00","author":"News Desk","key_takeaways":["Terra Metals shares rose as much as 20.7% to A$0.175, their highest since October 14.","The company reported project-best platinum group metal results from the Southwest Platinum Group Metals-copper-nickel sulfide discovery at its Dante Project mine in Western Australia.","Terra Metals stock is up 23.2% year to date, including current session moves."],"companies":[{"name":"Terra Metals","is_primary":true,"profile_url":"https://akta.pro/company-profiles/005fxue/terra-metals","website":"https://terrametals.com.au"}],"source":{"publisher":"The future of trading","title":"Australia's Terra Metals hits 4-week high after record PGM discovery results","url":"https://capital.com/en-int/news/australia-s-terra-metals-hits-4-week-high-after-record-pgm-discovery"},"other_sources":[],"tags":["Research & Clinical Trials","Terra Metals"],"body_markdown":"[Terra Metals](https://akta.pro/company-profiles/005fxue/terra-metals) shares rose as much as 20.7% to A$0.175, their highest since October 14, after the diversified miner reported project-best platinum group metal results from the Southwest Platinum Group Metals-copper-nickel sulfide discovery at its Dante Project mine in Western Australia. [The future of trading](https://capital.com/en-int/news/australia-s-terra-metals-hits-4-week-high-after-record-pgm-discovery) published the report on November 10, 2026.\n\n## Terra Metals' Dante Discovery Results\n\nTerra Metals is an ASX-listed pre-revenue mineral exploration company based in Perth, Australia, focused on its flagship Dante Cu-PGE-Au-Ni polymetallic project in the West Musgrave region of Western Australia, approximately 15 km from BHP's Nebo-Babel mine. The company reported the project-best platinum group metal results from the Southwest Platinum Group Metals-copper-nickel sulfide discovery at the Dante Project mine.\n\nThe stock is up 23.2% year to date, including current session moves. The shares reached A$0.175, a level last seen on October 14.\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Terra Metals announced a major Bushveld-style Cu-PGE-Au-Ni polymetallic discovery at the Dante Project in June 2024, validating the geological thesis and re-rating the asset. The company raised approximately $85 million in equity capital in 2026 to fund aggressive multi-rig drilling and resource definition at the Dante Project, and it is fully funded after that raise. More than 38,000 metres of diamond and RC drilling have been completed to confirm large sulphide deposit potential. The Dante Reefs Mineral Resource Estimate from August 2025 stands at 148Mt at 1.38% CuEq, a shallow resource containing titanium, vanadium, PGE, copper and gold.\n\nTerra Metals has a signed Native Title Agreement with the Ngaanyatjarra Land Council covering exploration activities at the Dante Project, and it uses VRIFY's 3D visualisation software to present the discovery to investors and stakeholders.\n\n## Terra Metals' Dante Project Next Steps\n\nTerra Metals initiated a process in 2024 to divest its non-core Onslow Copper-Gold Project in order to concentrate capital and management focus on the higher-priority Dante asset.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}