Latest Base Metals Market News

Superior Resources has increased its capital raise to $2 million, funding a significant drilling campaign and feasibility studies aimed at accelerating gold production and advancing copper exploration in northern Queensland.

Lightning Minerals confirms a large-scale gold mineralised system extending over 12km along the Drummer Fault at its Mt Turner Project, with high-grade intersections and multiple new targets identified.

Alara Resources has dispatched its 28th shipment of copper concentrate from its Oman mine, marking the highest monthly shipment volume to date with over 4,000 wet metric tonnes shipped in October 2025.

NewPeak Metals has officially appointed Mark Purcell as Managing Director, with David Mason stepping into a Non-Executive Director role, marking a key leadership transition for the base metals miner.

Develop Global Limited has raised $180 million through a well-supported institutional placement to accelerate development at its Sulphur Springs and Woodlawn projects, aiming to extend mine lives and capitalize on new partnership opportunities.

Scorpion Minerals has expanded its footprint in Western Australia's Murchison region to 1,600km² through a strategic JV with E79 Gold Mines, securing the largest landholding along the highly prospective Dalgaranga–Big Bell shear corridor. With $1.75 million raised, the company is poised to commence drilling at multiple high-grade gold targets imminently.

Locksley Resources reports exceptional antimony and silver assays at its Mojave Project, while new mineralised zones emerge at Tottenham. Regulatory shifts in the US could accelerate Mojave’s permitting timeline.

Lucapa Diamond Company has identified two significant conductive base metal targets at its Merlin Diamond Project in the Northern Territory, marking a major milestone after 25 years without geophysical surveys. These targets lie just 50km from the world-class McArthur River zinc-lead mine, suggesting strong exploration potential.