Latest Base Metals News

Lodestar Minerals has kicked off its first-ever exploration program at the Virgin Mountain Rare Earth Project in Arizona, targeting historically promising heavy and light rare earth elements amid shifting global supply dynamics.

Ordell Minerals has confirmed significant gold anomalies at its Goodia Project in Western Australia, setting the stage for first-pass drilling in early 2026. The under-explored region offers promising potential for gold, lithium, and base metals.

Iltani Resources has reported compelling assay results from its recent drilling at the Orient Silver-Indium Project, revealing significant silver-equivalent mineralisation that may connect the previously separate Orient West and East resources. The company is advancing with further geophysical surveys and drilling to expand and define this promising zone.

Miramar Resources has validated the presence of Noril’sk-style copper-nickel-PGE mineralisation at its Bangemall Project in Western Australia, despite ending its joint venture with Sumitomo Metal Mining. The company plans to continue exploration in 2026, seeking new partners and government co-funding.

Patronus Resources has confirmed a standout uranium intercept of 10.76m at 2.95% U3O8 at its Thunderball deposit, spotlighting a newly identified Upper Lode and bolstering the prospect of a multi-deposit uranium district in the Northern Territory.

Corazon Mining has formalised a key land access agreement with the Marputu Aboriginal Corporation, securing tenure and advancing exploration plans at its Two Pools Gold Project in Western Australia.

A former director of Emu NL has lodged a formal application with the Takeovers Panel, contesting the legitimacy of a recent $1.4 million institutional placement and alleging undisclosed attempts to influence board control.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares of Venus Metals Corporation Limited at $0.17 per share, representing a notable premium to recent trading prices. The offer, which allows immediate acceptance via ASX brokers, signals a potential shift in control and strategy for Venus Metals.

QGold Pty Ltd has initiated an unconditional on-market takeover bid for Venus Metals Corporation at $0.17 per share, aiming to consolidate its 26.4% stake by acquiring the remaining shares through a market purchase strategy.

Litchfield Minerals has unveiled compelling new geophysical data from its first phase IP survey, revealing multiple extensive sulphide mineralisation targets within the Oonagalabi system. The findings suggest a large, vertically extensive intrusive-related mineral corridor ripe for further exploration.

Aeris Resources reported solid FY25 results within guidance and secured $80 million in new equity to fund exploration and development projects, positioning itself for significant growth in FY26.

Sunshine Metals Limited has voluntarily suspended trading of its shares pending a Supreme Court decision on a regulatory compliance issue related to a recent share issuance.