Latest Base Metals News

29Metals has reported a robust turnaround in its half-year results, posting a $35 million net profit and significantly reducing debt, underpinned by operational improvements and insurance proceeds.

Strickland Metals has completed the distribution of Gateway Mining shares to its shareholders following the sale of its Yandal Project, marking a significant step in its corporate restructuring.

Sky Metals Ltd has confirmed its recent trading halt was requested pending a material capital raising announcement, affirming compliance with ASX disclosure rules.

Lincoln Minerals has verified a continuous multi-metal sulphide system extending over 7km at its Minbrie Project in South Australia, setting the stage for a high-impact drilling campaign in late 2025.

Orion Minerals has successfully closed a Share Purchase Plan raising nearly A$2 million, reinforcing its financial footing as it accelerates towards production. The strong backing from South African shareholders highlights growing investor confidence.

Maronan Metals announces Managing Director Richard Carlton’s temporary leave, with Chairman Simon Bird and consultant Dean Fredericksen stepping up to maintain leadership and project momentum.

Cobre Limited’s CBEO securities have been suspended from ASX quotation due to non-compliance with key listing rules, raising questions about the company’s regulatory standing.

Dalaroo Metals has successfully completed a placement raising $877,500 through the issue of 35.1 million shares and 11.7 million free attaching options, bolstering its capital position within existing regulatory limits.

Maronan Metals has signed a non-binding MoU with Austral Resources to explore toll processing at the Rocklands facility, aiming to unlock cost-effective pathways for its mineral projects.

Eastern Metals has agreed to sell its Browns Reef Project tenements to Australian Gold and Copper, offering shareholders an immediate benefit and ongoing exposure through share distribution.

Cobalt Blue Holdings reveals promising engineering upgrades and exploration success at its Halls Creek Project, targeting enhanced margins and extended mine life through silver recovery, cobalt credits, and new copper discoveries.

Maronan Metals has significantly upgraded its Maronan deposit resource, doubling indicated silver-lead tonnage and adding near-surface copper-gold resources, setting the stage for imminent economic assessment results and development progress.