Latest Precious And Base Metals News

Australian Critical Minerals has completed its acquisition of Circuit Resources, securing a 25,600-hectare portfolio in Peru rich in precious and base metals, with multiple drill-ready projects poised for exploration.

Mandrake Resources reports significant lithium concentrations in clastic zones of the Paradox Formation at its Utah Lithium Project, highlighting strong potential for large-scale lithium brine extraction.

A shareholder has lodged a formal application with the Takeovers Panel challenging Emu NL’s recent entitlement offer and associated loan facility, raising concerns over board control and transparency ahead of a critical EGM.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Albion Resources reports promising extensional drilling results at its Collavilla Prospect, revealing significant gold mineralisation open at depth alongside valuable silver and base metal credits. These findings bolster the economic potential of the Yandal West Gold Project in Western Australia’s prolific Yandal Greenstone Belt.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.

G50 Corp’s latest drilling results confirm a substantial polymetallic gold-silver-zinc deposit spanning 700 meters in Arizona, with promising gallium mineralization that could bolster strategic metal supply.

Godolphin Resources has announced a substantial upgrade to its Lewis Ponds mineral resource, boosting contained gold to 470,000 ounces and silver to 21 million ounces, marking a significant step towards project development.

Australian Gold and Copper Ltd reports strong flotation and leaching test results from its Achilles deposit, marking a key step toward a maiden Mineral Resource Estimate.

Firetail Resources has raised A$5 million in a strongly supported placement to accelerate exploration across its US and international gold and copper projects, including maiden drilling at the Excelsior Gold Project in Nevada.

Resource Mining Corporation (ASX, RMI) has kicked off a new drilling campaign at its Mpanda Copper-Gold Project in Tanzania, progressed exploration in Saudi Arabia, and strengthened its balance sheet by raising $2 million and repaying all debt.

Australian Gold and Copper Ltd has expanded its South Cobar footprint to 1,400 km² through a key tenement acquisition and completed its largest drilling campaign yet, uncovering promising gold-silver trends that could reshape the district’s mineral potential.