Latest Base Metals News

Everest Metals has won a competitive co-funded drilling grant from the WA Government, boosting its Mt Dimer Gold Project exploration with up to $90,000 in support. This funding will underpin a targeted drilling campaign in early 2026 aimed at expanding known gold and base metal mineralisation.

Enterprise Metals Limited reported promising drilling results and secured significant funding to advance multiple Western Australian projects in gold, copper, and rare earths exploration.

Omnia Metals Group has completed its initial drilling at the Salt Creek Project with valuable geological insights, while securing a 50/50 joint venture over the promising Corvette Project and raising $1.58 million to fuel exploration and US acquisitions.

Middle Island Resources has secured a transformational acquisition of Konstantin Resources, gaining full ownership of a promising Serbian copper-gold portfolio, while advancing exploration programs supported by a $3.4 million placement.

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.