Latest Base Metals Mining News

Stellar Resources advances exploration at its East Renison Project near Tasmania’s Renison Tin Mine, backed by a $55,000 government drilling grant targeting high-grade polymetallic zones.

Carawine Resources advances exploration planning at Paterson and other projects while facing a pivotal court decision on shareholder compulsory acquisition and securing a $1.7 million loan to sustain operations.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

Global Lithium Resources has unveiled promising diamond drilling results at its Marble Bar Project, intersecting altered granodiorite with anomalous gold assays including a standout 5.07g/t Au over 1m. These findings bolster the case for a significant intrusive-related gold system in Western Australia’s Pilbara region.

Mantle Minerals has agreed to sell its Mt Roe subsidiary to Northern Star Resources for $13.5 million, freeing up capital to accelerate exploration at its key Yule River and Pardoo projects while pursuing new opportunities.

Macro Metals Limited has obtained crucial Supreme Court orders to address a regulatory oversight involving cleansing notices, paving the way for the lifting of its trading suspension.

Aurelia Metals has successfully met its FY25 production guidance across all key metals while strengthening its cash position to A$110 million, setting the stage for upcoming growth projects including the Great Cobar development.

Horseshoe Metals Limited will lift its trading suspension immediately following the release of details on a new capital raising, signaling a pivotal moment for the base metals miner.

Critical Resources Limited has completed a $500,000 capital raising and finalized the acquisition of the Amoco Antimony-Gold Project, expanding its footprint in the New England fold belt.

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.

Zenith Minerals Limited has had its trading suspension lifted immediately following the release of a rights issue announcement, signaling a key capital raising move.

Aston Minerals and Torque Metals have secured court approval for their merger schemes, setting the stage for a significant consolidation in the mining sector. Trading of Aston Minerals shares will be suspended from May 29 as the merger moves toward implementation.