Latest Base Metals News

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

South32 Limited reported a strong first half of fiscal 2025, driven by improved operational performance and a streamlined portfolio following the sale of Illawarra Metallurgical Coal. The company announced a fully-franked interim dividend and maintained its production guidance despite some operational challenges.

Eagle Mountain Mining has closed its renounceable entitlement offer, raising $1.62 million to advance copper and base metals exploration at its Silver Mountain and Wedgetail projects in Arizona.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

EV Resources Limited has reported promising high-grade antimony assay results from its Los Lirios project in Oaxaca, Mexico, signaling potential for near-term production and advancing metallurgical testing and processing plans.

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.

Red Mountain Mining's recent desktop study of the Fry Lake Gold Project reveals promising gold mineralisation across multiple claims, setting the stage for an active 2025 exploration season amid soaring gold prices.

Renegade Exploration Limited has identified a significant high-grade antimony-gold-silver anomaly at its Myschka Prospect within the Yukon Project, Canada, highlighting critical defence metals and promising exploration potential.

Solis Minerals has confirmed extensive copper porphyry mineralisation at its Cinto Project in Peru, revealing promising assay results and advancing towards drilling in late 2025.

Godolphin Resources has reported outstanding high-grade drill results from its Lewis Ponds Gold & Silver Project, revealing significant mineralisation and promising expansion potential. Early assays from two drill holes highlight thick, high-grade intersections in the Spicer's Lode, with further results expected soon.

Evolution Energy Minerals has revealed compelling new data from its Chikundo Cu-Pb-Zn VHMS prospect in Tanzania, confirming significant copper and zinc mineralization that underscores the project's potential for further resource development.

Patronus Resources has initiated an on-market takeover offer for Matsa Resources at $0.045 per share, representing a significant premium and aiming to consolidate its position in gold exploration.