Latest Precious And Base Metals News

Mount Gibson Iron Limited has agreed to acquire a 50% interest in the Central Tanami Gold Project, marking a strategic shift towards gold production while maintaining steady iron ore operations at Koolan Island.

Kuniko Limited has launched fieldwork at its Commonwealth Gold-Silver Project in New South Wales, targeting significant precious metals within the prolific Lachlan Fold Belt. The company aims to validate historical resource estimates and advance exploration alongside its battery metals ventures in Europe.

Australian Gold and Copper Ltd has reported exceptional new drilling results at its Achilles deposit, extending high-grade silver and gold mineralisation down plunge by 50 metres. These findings bolster the upcoming maiden Mineral Resource Estimate and highlight the deposit’s significant growth potential.

Mammoth Minerals has intensified its exploration at the Excelsior Gold-Silver Project with a second drill rig, aiming to deliver its first resource estimate by Q4 2025. A comprehensive magnetics survey further sharpens targeting across multiple mineralised trends.

Metals Australia Ltd reveals a 3.3-fold increase in its Lac Carheil graphite resource alongside promising assay results for precious and base metals, setting the stage for value-added by-product recovery.

Unico Silver has announced a substantial 73% increase in its Cerro Leon silver equivalent resource to 162 million ounces, surpassing prior exploration targets and setting the stage for a major scoping study.

Australian Critical Minerals has completed its acquisition of Circuit Resources, securing a 25,600-hectare portfolio in Peru rich in precious and base metals, with multiple drill-ready projects poised for exploration.

Mandrake Resources reports significant lithium concentrations in clastic zones of the Paradox Formation at its Utah Lithium Project, highlighting strong potential for large-scale lithium brine extraction.

A shareholder has lodged a formal application with the Takeovers Panel challenging Emu NL’s recent entitlement offer and associated loan facility, raising concerns over board control and transparency ahead of a critical EGM.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Albion Resources reports promising extensional drilling results at its Collavilla Prospect, revealing significant gold mineralisation open at depth alongside valuable silver and base metal credits. These findings bolster the economic potential of the Yandal West Gold Project in Western Australia’s prolific Yandal Greenstone Belt.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.