Latest Base Metals News

Zinc of Ireland NL has kicked off its inaugural drilling campaign at the Mt Clere project in Western Australia, targeting the large and previously untested ‘Robin 21’ geophysical anomaly. This move revives interest in a site last partially explored by BHP nearly three decades ago.

Midas Minerals has agreed to acquire the Otavi Copper Project from Nexa Resources, unlocking significant high-grade copper, silver, and gold potential in a well-established African mining jurisdiction.

Tempest Minerals reports promising initial metallurgical results from its Remorse Iron discovery in Western Australia, highlighting high-grade iron concentrate with low impurities. Further test results are anticipated, underpinning ongoing project development.

Iltani Resources reports continued broad high-grade silver and base metals assay results from recent drilling at its Orient West project in Queensland, reinforcing its status as Australia's premier silver-indium discovery.

Nimy Resources has launched a Phase 2 drilling campaign at its promising Block 3 Gallium project in Western Australia, aiming to expand known mineralisation and progress towards a maiden JORC resource. The program also supports metallurgical testing critical to commercial development.

Strickland Metals is advancing its 7.4 million ounce Rogozna Gold and Base Metals Project in Serbia through expanded development studies, community engagement, and key management appointments. The company targets a scoping study release by year-end 2025.

Infinity Mining Limited has successfully closed a pro-rata entitlement issue, raising over $280,000 through new options set to be listed on the ASX next week.

Patronus Resources has extended gold mineralisation at its Glencoe deposit in the Northern Territory through a recent drilling campaign, revealing multiple high-grade zones beyond the current resource boundaries.

Caspin Resources has successfully completed the first tranche of a $2.1 million capital raise, issuing over 34 million shares to institutional and sophisticated investors. The company now awaits shareholder approval to complete the remaining funding, underpinning its exploration ambitions across three promising Australian projects.

Tempest Minerals reports promising initial metallurgical test results from its Remorse Iron discovery in Western Australia, highlighting high-grade iron concentrate with low impurities. Further results are anticipated to refine the project’s development potential.

Critical Resources Limited has appointed seasoned mining executive Tim Wither as CEO, aiming to leverage his global experience to advance its lithium, antimony, and gold projects.

Tempest Minerals has announced its inaugural inferred resource estimate for the Remorse Magnetite Iron Deposit at the Yalgoo Project, marking a key step towards development with 63.5 million tonnes at 30.6% iron grade.