Latest Base Metals Projects News

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.

Venus Metals Corporation reports outstanding metallurgical test results from its Bellchambers Gold deposit, confirming high gold recoveries and a straightforward processing route. The findings bolster the project's economic prospects and hint at future cost efficiencies.

Variscan Mines has successfully completed the initial phase of its $2.5 million capital raise, bolstering funds for advancing its Novales-Udias zinc-lead project in Spain.

Nordic Resources has appointed Henrik Grind, a seasoned mining executive with 35 years of experience in Finland and Sweden, as Country Manager to accelerate its gold and nickel-copper projects. This strategic hire coincides with the commencement of a key drill campaign at the Kopsa gold-copper project.

Strickland Metals reports a significant new gold and base metals discovery at its Kotlovi Prospect near the Medenovac deposit, highlighting strong growth potential at the Rogozna Project in Serbia.

Lincoln Minerals Limited has announced a pro-rata renounceable entitlement issue to raise approximately $1.5 million, partially underwritten by Mahe Capital Pty Ltd, to fund exploration across multiple projects including copper, uranium, graphite, and magnetite.

Lincoln Minerals has announced a renounceable entitlement issue to raise up to $1.5 million, aiming to advance its critical minerals projects in South Australia, including imminent drilling at the Minbrie Copper & Base Metals Project.

Firetail Resources has raised A$5 million in a strongly supported placement to accelerate exploration across its US and international gold and copper projects, including maiden drilling at the Excelsior Gold Project in Nevada.

Tempest Minerals has identified a substantial new iron target, the Halo Prospect, near its Remorse magnetite deposit at Yalgoo. Historic samples show iron grades up to 62%, with promising magnetite and haematite mineralisation.

Altamin Limited progresses its innovative Lazio lithium and sulphate of potash project with key engineering studies underway, while its Gorno base metals project reports exceptional zinc, lead, and silver assay results, setting the stage for strategic partnership discussions.

Lodestar Minerals has completed a pivotal drilling program at its Darwin Project in Chile, confirming promising gold and copper mineralisation. The company also announced a $2.7 million capital raise to fund ongoing exploration and corporate activities.