Latest Base Metals News

Zimplats delivered steady mined and milled volumes in Q1 FY2026 with improved safety performance and significant cost increases. Major capital projects remain on track despite operational challenges.

Miramar Resources has obtained drilling approval for its Joy Helen prospect, revealing promising high-grade SEDEX copper-lead-zinc mineralisation in Western Australia’s Gascoyne region. This marks the first drilling since 1964, potentially unlocking a significant new base metal deposit.

Oceana Lithium advances exploration at its Bangemall, Solonópole, and Napperby projects, deploying new geophysical surveys and preparing trenching programs while maintaining a solid cash position of nearly AUD 2.9 million.

Golden Deeps Ltd has reported exceptional high-grade copper, silver, zinc, lead, and germanium assay results from its Central Otavi Project in Namibia, advancing exploration with a $3.54 million capital raise to fund upcoming drilling.

MinRex Resources reports promising rare earth element and titanium dioxide results from its maiden drilling at the Fraser Range Project, while extending its option to acquire a 50% stake until January 2026.

Alchemy Resources reported significant exploration progress in Q3 2025, including lithium drilling at Roe Hills, a strategic JV with Newcam on Bryah iron ore assets, and strong base metals assays at Yellow Mountain.

Genesis Resources advances its exploration portfolio with 100% ownership of the Plavica project in North Macedonia and completes follow-up drilling in Australia, awaiting assay results.

Kalamazoo Resources retains full ownership of its Ashburton Gold Project after Northern Star declines its acquisition option, accelerating a Scoping Study supported by record gold prices. The company also expands its footprint with the strategic Xanadu acquisition and secures $2 million in fresh capital.

Lithium Energy Limited is progressing exploration and development across multiple battery mineral projects following the sale of its flagship Solaroz Lithium Project, while working to meet ASX reinstatement conditions.

Alara Resources has dispatched its 28th shipment of copper concentrate from its Oman mine, marking the highest monthly shipment volume to date with over 4,000 wet metric tonnes shipped in October 2025.

ActivEX Limited reports progress on multiple Queensland mineral projects, including a major drilling campaign at Gilberton and advancing rare earth exploration, while managing its portfolio through asset sales and loan facility extensions.

Great Southern Mining has sold a key mining license to Regis Resources for up to A$9 million and is progressing multiple drilling programs across its Australian projects, supported by government grants and a strategic alliance.