Latest Base Metals News

Conico Ltd has applied for two extensive exploration licences in East Greenland targeting rare earth elements and gold-PGE mineralisation, significantly boosting its strategic landholding and critical minerals exposure.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

Galileo Mining’s latest diamond drilling at Norseman reveals a newly identified ultramafic sill with 109 metres of PGM mineralisation, reinforcing the project’s potential for multiple stacked intrusive systems along extensive strike lengths.

Develop Global has landed a substantial A$274 million underground mining contract at Core Lithium’s Finniss Project, marking a major shift from Bellevue Gold and boosting its lithium services portfolio.

Miramar Resources is launching its first drilling campaign since 1964 at the Chain Pool Project’s Joy Helen prospect, targeting high-grade SEDEX copper-lead-silver mineralisation with promising strike extensions.

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.

Peel Mining has formally moved forward in its acquisition by Aeris Resources with the dispatch of the Scheme Booklet to shareholders, setting the stage for critical meetings on June 15.

Diablo Resources has completed the first tranche of a placement, raising $764,400 through 58.8 million shares at 1.3 cents each, with a shareholder meeting planned in June to approve a further $2.7 million raise.

American West Metals has published a detailed JORC 2012-compliant Mineral Resource Estimate for its West Desert Zinc-Copper-Indium-Magnetite Project in Utah, affirming solid resource continuity and robust sampling techniques.

GreenTech Metals has raised $7.5 million through an oversubscribed placement to accelerate exploration and development at its Munni Munni and Whundo projects in Western Australia's West Pilbara.

Rimfire Pacific Mining has launched a metallurgical study targeting cost-effective extraction of low iron scandium from its Murga deposit, aiming to confirm economic viability through atmospheric leaching methods.

Green & Gold Minerals has pinpointed high-grade copper, silver, tin, and indium mineralisation at two major targets in Queensland’s Herberton Conductor Metals Project, with drilling set to follow a May campaign at Copper Hills.