Latest Base And Precious Metals News

Alara Resources' joint venture in Oman is under legal scrutiny as local residents seek to halt operations and challenge project licences. The company disputes the claims and continues production while monitoring developments.

Aeris Resources has received critical development consent from NSW authorities for its Constellation Project, paving the way for near-term production growth. The project boasts a substantial ore reserve with promising copper, gold, and silver grades.

Ballymore Resources has initiated drilling at the Maniopota polymetallic target in North Queensland, complementing ongoing diamond drilling at the nearby Torpy’s prospect. Early indications suggest significant potential for lead, zinc, copper, silver, and gold mineralisation within a major hydrothermal skarn system.

Boab Metals has exercised its option to acquire 100% ownership of the Sorby Hills Silver-Lead Project, fully funding the venture and targeting first production in the second half of 2027.

Boab Metals has approved the Final Investment Decision for its Sorby Hills Silver-Lead Project, fully funding construction and targeting first production in the second half of 2027.

Alara Resources and partners have completed their maiden drilling program at Oman’s Block 8, revealing encouraging copper and zinc mineralisation consistent with Volcanogenic Massive Sulphide deposits. The results validate the geological model and set the stage for further exploration.

Yugo Metals Limited has secured a dual listing on Germany’s Frankfurt and Dusseldorf Stock Exchanges, enhancing its access to European investors, while initial drilling at its Sinjakovo Project in Bosnia-Herzegovina reveals encouraging silver-lead-zinc mineralisation.

Verity Resources has wrapped up a major 10,860-metre drilling program at its Monument Gold Project, aiming to upgrade and expand its gold resource in Western Australia’s Laverton Goldfields.

Conico Ltd has raised $2.8 million through a share placement and entitlement offer, appointing Guy Le Page as Executive Chairman to steer its next exploration phase.

Aeris Resources has extended the closing date of its Share Purchase Plan to mid-December, giving shareholders more time to participate in the capital raising effort.

Reward Minerals has secured 100% ownership of the Copper Lance Project in Newfoundland, initiating field sampling to validate historic high-grade copper, silver, and gold mineralisation. The project reveals multiple undrilled anomalies and new exploration targets in a prolific VMS district.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s silver-lead-zinc mine reveals significant high-grade mineralisation, prompting a strategic pause for downhole EM surveys to refine exploration targets.