Latest Aeris Resources News

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.

Aeris Resources has confirmed a significant new mineralised trend at its Avoca Tank deposit and thicker copper intersections at Budgerygar, setting the stage for resource upgrades and potential mine plan enhancements at its Tritton Operation.

Peel Mining’s scheme of arrangement with Aeris Resources, coupled with the demerger of Spectre Metals, gains strong endorsement from an independent expert, positioning shareholders for exposure to both a copper producer and a zinc-focused explorer.

Infinity Metals continues to push forward with exploration in Australia while awaiting critical mining licence feedback for its San Jose Lithium Project in Spain amid regional government delays.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources, while spinning off its remaining Cobar Basin assets into a new ASX-listed company, Spectre Metals. Exploration highlights from the Southern Nights Complex and Nombinnie Prospect underpin the growth potential of the new entity.

Aeris Resources aims to extend the life of its Tritton copper operations through the proposed acquisition of Peel Mining’s South Cobar assets, while reporting strong H1 FY26 financial performance and advancing multiple development projects.

Peel Mining’s latest drilling at the Southern Nights Complex in NSW reveals substantial silver-zinc-lead intercepts and promising depth extensions, reinforcing the project’s growth potential ahead of a planned corporate restructure.

Aeris Resources has expanded its Golden Plateau drilling program to 14,000 metres following a series of strong high-grade gold intersections, reinforcing the deposit’s potential as a key ore source for its Cracow operation.

Aeris Resources has finalised the sale of its North Queensland copper assets to Dingo Minerals, unlocking immediate cash and environmental bond releases with further payments contingent on production milestones.

Breakthrough Minerals has completed the acquisition of the North Queensland Copper-Gold Project, gaining a substantial resource base and strategic landholding in the Mt Isa region. The company is now poised to advance exploration with multiple high-priority targets.

Breakthrough Minerals has announced a focused drilling campaign at its Barbara Copper-Gold Project in Queensland, aiming to expand its substantial copper-gold resource within the broader Queensland Copper-Gold Project portfolio.

Aeris Resources has reported a robust half-year performance with a 62% jump in profit, a successful $101.6 million equity raise, and a strategic divestment of North Queensland assets. The company also announced plans to acquire Peel Mining’s South Cobar Copper Project, signaling an aggressive growth trajectory.