Latest Base Metals News

Red Hill Minerals has achieved full production capacity at its Onslow Iron Project, generating $7 million in quarterly royalty revenue, while advancing multiple exploration fronts and declaring a fully franked dividend.

Tempest Minerals reports significant progress at its Yalgoo iron deposit and Mount Magnet gold projects, with new drilling programs and promising targets identified.

Cosmo Metals has kicked off its first drilling program in nearly 30 years at the Spring Creek prospect in NSW, backed by a $2 million capital raise and government funding to advance exploration across its NSW and WA projects.

Taruga Minerals has secured new exploration licences in Western Australia’s Gascoyne province and identified a promising gold and copper prospect, reinforcing its position in polymetallic exploration.

Zinc of Ireland NL reported steady progress across its Irish and Australian projects in Q3 2025, with significant geochemical and geophysical surveys underway and drilling completed at Mt Clere awaiting assay results.

Zenith Minerals has validated a large-scale gold system at its Red Mountain project and initiated its largest ever drilling campaign at Consolidated Dulcie, backed by a strong A$11.15 million capital raise.

Toubani Resources has appointed Ausenco as the EPCM contractor for its Kobada Gold Project in Mali, marking a pivotal step toward project execution and a Final Investment Decision.

Anax Metals has made significant progress on its Whim Creek Copper-Zinc project, securing a waste rock processing agreement and continuing efforts to finalize project financing.

Tambourah Metals reports breakthrough high-grade gold discoveries at Beatty Park South and Tambourah King, alongside promising critical minerals assays at Speewah North, underpinning an aggressive exploration push in Western Australia.

Pantera Lithium Limited has secured a significant 5,000-acre exploration footprint in Southwest Arkansas, targeting antimony and silver in a historically rich but long-neglected mining district. This move aligns with U.S. critical minerals priorities and leverages Pantera’s proven local expertise.

Norwest Minerals advances its Bulgera Gold Project with successful deep drilling and promising heap leach economics, while preparing to test historic gold targets at Marymia East and expanding base metals exploration at Arunta West.

Parabellum Resources has received official approvals to start drilling at its Miandetta target within the Redlands Project, aiming to confirm and extend nickel-cobalt mineralisation. The program is slated for completion by December 2025, with results expected early next year.