Latest Base Metals News

Red Mountain Mining has reported its highest-ever antimony grades from rock chip samples at the Oaky Creek prospect in NSW, confirming the site’s potential as a major antimony-gold camp. Pending assay results and ongoing exploration could further unlock value in this underexplored region.

Buxton Resources has reported compelling partial leach assay results from its Centurion Project drillhole CN002DD, revealing high silver concentrations alongside elevated base metals, suggesting promising nearby mineralisation.

Orion Minerals is advancing its A$5 million capital raising through a placement to sophisticated investors, with results expected on 2 October 2025 alongside a resumption of share trading.

Argent Minerals has awarded a contract for further diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver zones. With regulatory approvals secured, drilling is set to begin shortly, aiming to expand the resource amid strong silver prices.

Mont Royal Resources Ltd has lodged a replacement prospectus to raise between A$8 million and A$10 million, supporting its merger with Commerce Resources Corp and advancing critical minerals projects in Quebec, Canada.

Osmond Resources is set to begin a 15-hole drilling campaign at its Orion EU Critical Minerals Project in Spain, aiming to validate mineral continuity and grade. This move is a key step toward fast-tracking development amid strong EU support for critical minerals.

Strickland Metals reports strong drilling results at its Gradina Deposit within Serbia’s Rogozna Project, setting the stage for a maiden Mineral Resource Estimate later this year. The deposit continues to grow with significant gold and zinc intercepts, supported by robust funding and active drilling.

Metals Australia Ltd reveals a 3.3-fold increase in its Lac Carheil graphite resource alongside promising assay results for precious and base metals, setting the stage for value-added by-product recovery.

Altamin Limited has initiated a 45 for 100 accelerated pro-rata entitlement offer at $0.025 per share to raise up to AUD 6.46 million, supporting its Lazio and Gorno projects in Italy. The offer includes a strong institutional backing and opens to eligible retail shareholders across multiple jurisdictions.

Renegade Exploration Limited has expanded its US footprint by acquiring 39 claims in California’s Mountain Pass area, positioning itself near major gold and rare earth mines with immediate exploration plans underway.

Peel Mining has raised $18.75 million through a placement and share purchase plan, while appointing Tony Schultz as a new director to drive its copper and polymetallic asset strategy in the Cobar Basin.

Broken Hill Mines has completed underground access to the high-grade Main Lode ore body at its Rasp Mine, delivering exceptional drilling results and targeting first ore extraction by November 2025.