Latest Base Metals News

Oceana Metals has completed trenching at its Solonópole lithium project in Brazil with assay results pending, while conducting technical reviews of its Australian base and precious metals projects.

Midas Minerals has identified several new high-priority copper drill targets at its Otavi Copper Project in Namibia, following extensive geochemical sampling. Initial drilling plans are underway as diamond drilling continues at the high-grade T-13 deposit.

29Metals has successfully closed its institutional entitlement offer, raising approximately $119 million at a notable discount, with a retail offer set to launch later this month. The capital raise aims to fuel key growth projects across its mining portfolio.

Noronex Limited has accelerated its drilling programs across key Kalahari Copper Belt projects, secured a strategic placement, and agreed to sell its Witvlei asset, positioning itself for uranium exploration in Namibia.

Metal Powder Works reported a stellar December quarter with a threefold increase in CP-Ti orders, expansion into precious metals, and strategic contracts that position it strongly in defence and advanced manufacturing markets.

Litchfield Minerals has completed its first field reconnaissance at the Silver Valley Project, revealing well-developed quartz reefs and visible sulphide mineralisation. The company is set to launch a geophysical survey to pinpoint drill targets for 2026.

Galileo Mining reports a robust cash position and promising exploration progress at its Norseman Project, with high-grade gold and PGE assay results expected soon. A large-scale gravity survey and a 2,000m drilling program underpin plans for an active 2026 exploration campaign.

Kingfisher Mining has completed a strategic acquisition of 11 tenements in New South Wales and commenced drilling at the Copper Blow IOCG prospect, while advancing rare earth element exploration in Western Australia.

Auris Minerals has secured $3.2 million to expand its geological team and accelerate exploration in Western Australia's Bryah Basin, following mixed assay results from its Morck Well gold prospects.

29Metals has announced a $150 million fully underwritten equity raising at a significant discount to support recovery from seismic disruptions at Xantho Extended and to advance key growth projects.

Broken Hill Mines is advancing preparations for mining at its Pinnacles silver-lead-zinc mine, targeting a June 2026 production start with expanded drilling and site upgrades.

Cyprium Metals has completed a comprehensive review of exploration data from the Paterson region, identifying several promising copper targets. The company is gearing up for drilling programs in 2026 to extend mineralisation near its Nifty Copper Complex.