Latest Base Metals News

Golden Horse Minerals has expanded the Hopes Hill gold system at Southern Cross to over 3 kilometres of strike, delivering multiple high-grade intercepts and advancing towards its inaugural Mineral Resource Estimate. Regional and copper project exploration also shows promising prospects.

Pacific Resources has completed its $400,000 acquisition of the Snowstorm Gold Project, gaining 100% ownership of the high-grade asset in Victoria’s Eastern Goldfields and expanding its regional footprint.

Catalina Resources has identified significant high-grade tungsten mineralisation at its Tallering Project in Western Australia, revealing a previously overlooked polymetallic system with promising drill results and surface samples.

Reward Minerals has validated high-grade gold and copper mineralisation at its Mountain Pond Project in Newfoundland, advancing towards maiden drilling at the Jackpot Prospect with strong soil sampling at nearby Bingo.

Aldoro Resources has secured A$4.3 million through unsecured convertible notes, providing funding to accelerate development at its Kameelburg Critical Minerals Project and exploring a potential Hong Kong Stock Exchange listing.

Desert Minerals is kicking off a 1,000-metre RC drilling campaign at its Mt Monger Gold Project, targeting extensions to a 16,400-ounce inferred resource at the Providence Prospect. The project’s strategic location near operating mines and multiple untested targets underpin the company’s growth ambitions.

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.

South32 has outperformed its FY26 production guidance, boosted quarterly sales by 15%, and announced a strategic sale of aluminium assets to Alcoa for up to US$5.6 billion, pivoting towards a base metals-focused portfolio.

Aurelia Metals (ASX: AMI) exceeded its FY26 gold production guidance, delivering 50.4koz of gold and reporting its highest quarterly operating cash flow since 2018. The company also secured a new $150 million financing facility, bolstering liquidity as it advances key growth projects.

Nordic Resources (ASX:NNL) has reported new drill results extending gold-copper mineralisation 30-100m beyond the current resource boundary at its Kopsa project in Finland, with geophysical data suggesting depth continuity. The company plans further drilling and a resource update in 2026.

BHP delivered record iron ore volumes and stable copper production of around 2 million tonnes in FY26, underpinned by disciplined cost control and a robust growth pipeline including the Ministers North project.

Cobalt Blue has completed a key metallurgical sampling program at its Halls Creek Project, setting the stage for an updated Scoping Study and increasing its interest to 75%.