Latest Base Metals News

Mount Burgess Mining has extinguished nearly $4.7 million in legacy debt and acquired promising gold projects in Western Australia, positioning itself for growth with a fresh capital raise and new board leadership.

Lincoln Minerals has identified promising new drill targets at its Minbrie Copper-Base Metals Project in South Australia and secured $2.25 million in funding to advance exploration activities.

Auris Minerals advances its exploration efforts in Western Australia's Bryah Basin with a $3.2 million strategic placement, aiming to expand its geological team and accelerate copper, gold, and rare earth project identification.

Stellar Resources has reported exceptional surface sampling results from its East Renison Project in Tasmania, revealing high grades of silver, tin, antimony, gold, and critical minerals including indium. A government-supported drilling program is set to test promising targets, underscoring the project's growing strategic importance.

Peel Mining has secured $21.25 million through a placement and share purchase plan, while appointing a new leadership team to drive a strategic pivot focused on unlocking value from its copper and polymetallic assets in the Cobar Basin.

Sunshine Metals reports significant progress in North Queensland with standout gold intersections at Sybil and a $5 million placement led by Lion Selection. Board reshuffle aligns leadership with growth strategy.

Rimfire Pacific Mining has announced a maiden inferred scandium resource at its Currajong prospect, boosting its total scandium inventory by 61%. The company also identified new base metal drill targets at Broken Hill and completed a $3.5 million equity raise to fund ongoing exploration.

Develop Global reports strong September quarter progress with Woodlawn mine ramping up on schedule and Sulphur Springs DFS doubling projected cashflow to A$1.5 billion. A major mining services contract extension further bolsters the company’s growth outlook.

Australian Critical Minerals has completed a strategic acquisition of Circuit Resources, adding six multi-commodity projects in Peru and initiating exploration activities with drilling planned for late 2025.

Taruga Minerals has identified promising gold and base metal anomalies at its Thowagee South project in Western Australia, supported by new geophysical and geochemical data. These findings set the stage for refined exploration and potential future drilling.

Riedel Resources has finalized drilling plans for its high-grade Kingman Gold Project in Arizona and secured $1.4 million through equity raises to fund upcoming exploration and development activities.

Golden Dragon Mining Ltd is set to raise $5 million through an IPO, aiming for ASX listing with a portfolio of promising gold and nickel exploration projects in Western Australia.