Latest Base Metals News

Mandrake Resources reports progress on its Utah Lithium Project, highlighting a 3.3Mt inferred lithium resource and new brine flow modelling to target high-grade zones. The company maintains a strong cash position while exploring strategic growth opportunities.

Enegex Limited has received all necessary approvals to commence drilling at its Rocky Ridge gold prospect, complementing promising soil sampling results across its West Yilgarn projects. The company’s strategic focus on early-stage geochemical reconnaissance continues to uncover significant gold anomalies.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

Stavely Minerals reports exceptional gold assay results from its Stavely Project in western Victoria, highlighting promising shallow mineralisation and metallurgical testwork confirming efficient gold recovery. The company also secures government grants to advance its Hawkstone nickel-copper exploration.

Kinterra Capital has increased its takeover offer for New World Resources to A$0.067 per share after securing a 39.46% stake, with the New World board unanimously backing the bid and urging shareholders to accept before the August deadline.

Future Battery Minerals Ltd has acquired 100% ownership of the Miriam Project, extinguishing royalties and advancing multiple high-priority gold targets with initial drilling completed. Assay results are expected in early September 2025.

Metal Powder Works has significantly expanded its production capacity and customer base in the June 2025 quarter, while securing strategic partnerships that position it strongly in defence and nuclear sectors.

Dreadnought Resources has reported promising shallow gold intercepts from its inaugural drilling at Steve’s Reward within the Mangaroon Gold Project, signalling a potentially significant new discovery in Western Australia.

New Frontier Minerals has identified a new heavy rare earth prospect, Old Trafford, at its Harts Range Project, extending mineralisation and advancing plans for maiden drilling.

Lincoln Minerals Limited has unveiled a comprehensive update on its critical minerals projects in South Australia’s Gawler Craton, highlighting imminent drilling approvals at the Minbrie copper-base metals project and strong progress across graphite, uranium, and high purity iron assets.

Global Lithium Resources has unveiled promising diamond drilling results at its Marble Bar Project, intersecting altered granodiorite with anomalous gold assays including a standout 5.07g/t Au over 1m. These findings bolster the case for a significant intrusive-related gold system in Western Australia’s Pilbara region.

Godolphin Resources has identified significant new copper and polymetallic zinc exploration targets adjacent to its existing Lewis Ponds resource, setting the stage for a Mineral Resource Estimate update and drilling campaign in 2026.