Latest Base Metals News

Celsius Resources has struck a binding deal to offload its 95% stake in the Opuwo cobalt-copper project in Namibia to Chinalco (Xiong’an) Mining for US$15 million, freeing capital to focus on its Philippine copper-gold assets amid ongoing arbitration.

Catalina Resources has kicked off a 1,500-sample soil sampling program at its Kirkalocka Gold Project, marking a key step towards drilling and potential resource expansion in Western Australia's Mid-West region.

Venus Metals has unveiled promising auger soil sampling results at its Henderson Gold Project and significant base metals anomalies at Youanmi, alongside initiating a titanium extraction research program with Murdoch University.

Pantera Minerals has delivered standout Phase 2 exploration results at its Gillham Project in Arkansas, revealing antimony grades up to 19.2% and silver assays as high as 63.8 g/t, setting the stage for imminent maiden drilling.

New Frontier Minerals is ramping up exploration at its Harts Range Project, focusing on 40 untested geophysical targets with an initial spotlight on the Kings Cross magnetic anomaly. Recent independent research underscores the district-scale copper-nickel-PGE potential of the region, reinforcing the strategic value of NFM's tenure.

The Australian Taxation Office has issued a Class Ruling detailing the income tax implications for Red Metal shareholders who received Maronan Metals shares as a return of capital. This guidance aims to provide clarity following the May in-specie distribution.

CZR Resources (ASX:CZR) has launched a recommended all-scrip takeover bid for Zuleika Gold (ASX:ZAG), valuing the company at $44.8 million and offering a significant premium to Zuleika shareholders.

Flagship Minerals has agreed to sell its RK Lithium Project in Thailand for US$4 million, accelerating its strategic pivot towards gold and copper assets in Chile and Canada.

KGL Resources has launched a A$300 million equity raising to complete funding for the Jervois Copper Project, combining it with a US$300 million streaming deal and existing cash to fully finance construction and production.

Albright Metals has confirmed and expanded gold and antimony mineralisation at its Golden Pike Project in New Brunswick, revealing promising intercepts that underpin a larger mineralised system. Follow-up drilling is planned to target high-grade antimony and further gold extensions.

Mantle Minerals has boosted its Carlton Hill Project by acquiring Far West Metals and securing a new exploration licence, positioning itself near Boab Metals' Sorby Hills deposit with promising base metal potential.

29Metals has reported strong drilling results from its 2026 program at Golden Grove, confirming high-grade copper, zinc, gold, and silver extensions at Oizon and Amity. Development at Oizon is progressing with first ore expected by year-end, underpinning mine flexibility and potential cost efficiencies.