Latest Base Metals Projects News

Terra Uranium Limited has reported new high-grade silver surface samples at its Castle Rag project in NSW, with assays reaching 941 grams per tonne. These findings reinforce the project's potential, building on previous high-grade results and historic production.

Rumble Resources has launched a $9 million capital raise to accelerate development at its Western Queen gold and tungsten projects, targeting near-term production by late 2026. The company also highlights significant resource upgrades and seeks partners for its Earaheedy base metals project.

Boab Metals has extended its option to acquire full ownership of the Sorby Hills Project to the end of 2025, while locking in critical commercial agreements and environmental approvals that pave the way for a final investment decision.

Kincora Copper has closed a fully subscribed $4 million private placement, positioning itself to advance drilling at its Condobolin project and expand its exploration portfolio.

Rubix Resources has entered a non-binding agreement to acquire bauxite exploration projects in Cameroon and Congo, with a structured payment plan including cash, shares, and performance rights tied to resource milestones.

Critical Resources Limited is set to commence its first drilling campaign at the Amoco Gold-Antimony Project in NSW, targeting a promising structural corridor with confirmed high-grade surface samples. Drilling is scheduled to begin in early October following pending soil-geochemistry results.

Lincoln Minerals Limited has announced a supplementary prospectus to raise an additional $750,000 through a Follow-on Placement, responding to strong investor demand beyond its initial entitlement offer.

Rimfire Pacific Mining has identified three promising base metal drill targets near Broken Hill, expanding its exploration focus beyond cobalt. The company is exploring commercial options to unlock value from these discoveries amid a regional mining resurgence.

Lincoln Minerals has successfully raised $2.25 million through a renounceable entitlement issue and follow-on placement, positioning the company to advance key exploration projects in South Australia’s critical minerals sector.

Infinity Mining Limited’s 2025 AGM highlighted significant portfolio reshaping, including asset sales and acquisitions, alongside promising exploration results at the Cangai Copper Project.

South32 reported a robust turnaround in FY25 with a profit after tax of US$213 million and underlying earnings of US$666 million, driven by operational gains and strategic portfolio shifts. The company also advanced construction at its Hermosa project and maintained a strong balance sheet with net cash of US$123 million.

Lincoln Minerals Limited is gearing up for drilling at its Minbrie copper-base metals project in South Australia, while reporting robust financial metrics for its graphite and high purity iron projects.