Latest Base Metals News

Enterprise Metals Limited has secured a heritage agreement and government grant to progress drilling at its Doolgunna Project, while also navigating key board appointments and capital raises in the December 2024 quarter.

Raiden Resources has made significant strides in its December 2024 quarter exploration, completing maiden drilling at Andover South and advancing projects at Mt Sholl and Arrow, supported by a $10 million capital raise.

Gateway Mining Ltd has fortified its balance sheet through the sale of its Eastern Montague Gold Project, positioning itself for an aggressive exploration campaign in 2025 focused on the Barrelmaker Gold and Montague Range Base Metals projects in Western Australia.

Lucapa Diamond Company reports a 5% increase in diamond production at Lulo alongside a strategic restart plan and compelling base metals discoveries at its Merlin project, supported by a recent capital raise and leadership change.

Skylark Minerals has reshaped its leadership team with seasoned gold industry veterans and agreed to divest its Citronen Zn-Pb Project, positioning the company for renewed growth and exploration success.

Hammer Metals Limited reports steady progress in its December 2024 quarter with multiple drilling programs underway across its Mount Isa copper-gold projects, while assay results from recent campaigns are eagerly awaited.

Global Lithium Resources pauses Definitive Feasibility Study on its flagship Manna Lithium Project due to challenging lithium markets, while advancing strategic acquisitions and exploration in Western Australia.

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.

Riversgold Limited reports compelling high-grade assay results from its Saint John Project in New Brunswick, Canada, confirming significant multi-metal mineralisation and securing drilling approval for 2025.

Red Hill Minerals reports a robust December quarter with $2.7 million in royalty revenue, a special dividend payout, and promising drilling results across multiple gold and base metal projects.

Litchfield Minerals has confirmed a substantial expansion of the Oonagalabi base metal system, extending its geochemical footprint beyond 3km. The company is gearing up for an aggressive 2025 exploration campaign, including geophysical surveys and drilling, despite potential weather-related delays.

Aruma Resources advances its exploration portfolio with standout assay results at Fiery Creek and strategic leadership changes, setting the stage for upcoming drilling campaigns.