Latest Base Metals News

GR Engineering Services has been named preferred contractor for the A$295 million Sulphur Springs Copper-Silver-Zinc Project in Western Australia, marking a significant addition to its growing EPC portfolio.

Develop Global has greenlit major investments in its Sulphur Springs copper-zinc and Pioneer Dome lithium projects, backed by a US$400 million financing and offtake deal with Trafigura that also refinances Woodlawn.

Sunshine Metals has agreed to sell its Hodgkinson Project to EQ Resources for $250,000, freeing up capital and management bandwidth to accelerate gold production at Mt Moss and exploration at Sybil.

Strata Minerals has validated a significant gold mineralised system along a 9.5km corridor at its Zelica South Project in Western Australia, with rock chip samples hitting up to 11.78 g/t Au and silver anomalies supporting a fertile hydrothermal system.

Dart Mining has agreed to sell four Victorian projects to Indigo Metals for $7.1 million, combining cash, shares, and a royalty on antimony production, tying its fortunes to Indigo’s upcoming ASX debut.

Kuniko Limited is set to kick off Phase 2 diamond drilling at its Commonwealth–Silica Hill Project in early July 2026, aiming to extend mineralisation and deliver a resource upgrade by year-end. The move follows a successful Phase 1 campaign that intersected mineralisation in all holes and unveiled a significant new zone at Silica Hill.

Galileo Mining has kicked off a targeted 5,000-metre aircore drilling campaign at its Norseman project, aiming to build on its unique Platreef-style PGM-nickel-copper resource with new sulphide discoveries.

Raiden Resources has struck a binding deal with Forgent PLC to potentially sell an 80% stake in its Mt Sholl nickel-copper-PGE project, while retaining a 20% free-carried interest. The transaction could inject over A$1 million in cash and shares, aligning with Raiden’s strategy to streamline its portfolio and focus on core assets.

Advance Metals Limited’s first diamond drill hole at the Gavilanes Project in Mexico has intersected a substantial high-grade silver zone, reinforcing plans for a JORC resource upgrade later in 2026 amid ongoing drilling.

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

American West Metals has reported exceptional assay results from resampling historical drill core at its West Desert Project in Utah, revealing high-grade indium, copper, zinc, silver, and lead. The new data expands known mineralised intervals and supports ongoing drilling and government engagement.

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.