Latest Base Metals News

Indiana Resources has resolved its long-standing arbitration dispute with Tanzania, clearing the way to concentrate on its promising Australian gold exploration projects.

Omnia Metals Group has finalized its $1.58 million placement with the issue of 25 million shares and over 70 million options, setting the stage for renewed exploration and strategic growth.

Iltani Resources has reported robust assay results from diamond drilling at its Orient Silver-Indium Project, underpinning a significant bulk sample dispatch for metallurgical testing expected to complete by mid-2026.

Antony Sage, founding director of Cyclone Metals, has lodged an application with the Takeovers Panel alleging coordinated shareholder actions to alter the board without proper disclosure. The dispute intensifies as Cyclone schedules a new meeting to consider further director removals.

AusQuest Limited’s recent reconnaissance drilling at its Mt Davis Project in Western Australia has revealed promising lead, copper, and silver anomalies, suggesting potential for sediment-hosted base metal deposits.

Tempest Minerals has agreed to sell its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, with additional payments tied to future discoveries and production milestones. The deal, expected to complete in early 2026, leaves Tempest retaining iron rights on key tenements while refocusing on other Western Australian assets.

Silver Mines Limited reports promising results from a recent drilling program at its Tuena Project, revealing significant gold and base metal mineralisation along a key fault corridor in New South Wales.

Surefire Resources reports broad, high-grade gold mineralisation at its Yidby Gold Project in Western Australia, with assays revealing up to 15.83 g/t gold over 1m and a mineralised envelope exceeding 100m. The discovery opens new drilling targets for early 2026.

Patronus Resources has completed a comprehensive surface sampling program at its Pine Creek Project, revealing new high-priority gold anomalies and setting the stage for an ambitious drilling campaign in 2026.

IRIS Metals Limited has had its trading suspension lifted following the announcement of a new transaction and an update on its capital raising efforts, signaling renewed momentum for the base metals miner.

West Cobar Metals is making significant progress across its Salazar, Bulla Park, and Mystique projects, initiating metallurgical testwork and planning drilling programs that could reshape resource estimates and project economics.

Renegade Exploration has secured an option to acquire the Rooster Hill Monazite Project in Wyoming, tapping into a historically promising rare earth element resource. The move expands Renegade’s US footprint amid rising demand for critical minerals.