Latest Base Metals Sector News

Anax Metals has locked in a $3.3 million convertible note investment from Mineral Development Partners, with conditional commitments for up to $100 million to advance the Whim Creek Project and establish a Pilbara base metals hub.

Legacy Minerals has reported compelling new assay results from historic diamond drilling at its Drake Project in NSW, confirming broad, high-grade gold and base metal mineralisation that supports resource growth and robust economics.

Patronus Resources has upgraded its Mertondale gold Mineral Resource Estimate to 480,000 ounces and is progressing a Scoping Study, while also identifying strong VMS potential at its Cardinia Project and expanding strategic investments.

Lincoln Minerals has confirmed a significant mineralised system extending over 7km at its Minbrie Copper and Base Metals Project in South Australia, revealing multiple sulphide zones and substantial exploration upside due to limited historical assaying.

Ausmon Resources Limited reports steady progress in rare earth and base metals exploration across Australia, with key drilling programs planned for 2025 despite a tight cash position.

Orion Minerals advances its Definitive Feasibility Studies for the Flat Mines and Prieska Copper Zinc projects, with independent reviews underway and production targeted for 2026.

Bellavista Resources has secured nearly A$5 million in capital to fund due diligence on advanced precious and base metal projects, while maintaining a strong cash position and progressing exploration at its Brumby Deposit.

Anax Metals has confirmed the success of its scaled-up bioleaching technology, achieving copper recoveries of up to 80% and zinc recoveries exceeding 90%, reinforcing its strategic position in Pilbara's base metals sector.

Aurelia Metals delivers a robust December 2024 quarter, hitting key production targets and marking a milestone with first concentrate from its Federation ore. The company maintains a strong balance sheet while advancing growth projects.

Argent Minerals has reported compelling high-grade gold, silver, copper, indium, lead, and zinc mineralisation at its Wood Gully Gossan Prospect near Kempfield, NSW, confirming significant polymetallic potential and setting the stage for expanded exploration.

Terrain Minerals has reopened its strategic placement to raise an additional $150,000 at a premium price, attracting a specialist micro-cap fund and reinforcing confidence in its gallium and base metals projects.

Terrain Minerals reports encouraging early drilling results at its Wildflower Gold Project, progresses metallurgical studies at Larins Lane Gallium Project, and initiates nickel-copper drilling at Lort River, backed by a $450,000 strategic placement.