Latest Copper Acquisition News

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Cobre Limited has secured A$60 million to acquire a majority stake in the Sierra Atacama Copper Project in Chile, positioning itself as a significant copper producer with strong expansion potential.

Antares Metals has completed a strategic acquisition of gold and copper projects in Western Australia and raised $2.03 million to fund exploration, while appointing Terence Topping as Managing Director to lead the next growth phase.

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

Fortescue Metals Group has delivered a record first half FY26 iron ore shipment of 100.2 million tonnes, alongside key progress in decarbonisation and strategic copper acquisition.

Larvotto Resources is on track to restart production at its Hillgrove Antimony-Gold Project by mid-2026, while progressing metallurgical testing at Eyre and due diligence on a copper acquisition at Mt Isa.

Catalina Resources has strategically reshaped its portfolio by acquiring the Breakaway Dam copper project and the Auric North gold portfolio, while divesting its Laverton assets to sharpen its focus on scalable growth opportunities.

Antares Metals Limited (ASX, AM5) has announced a significant acquisition of gold and base metals assets in Western Australia, positioning itself for a maiden drilling campaign in early 2026.

Harmony Gold has completed its acquisition of MAC Copper Limited, transferring all shares and initiating the delisting process from major stock exchanges.

Golden Horse Minerals reports robust drilling results at Southern Cross Gold Project and completes strategic Sorrel Copper Project acquisition, backed by a $15 million capital raise.

MAC Copper Limited’s shares will be suspended from trading following court approval of its acquisition by Harmony Gold, marking a significant shift in ownership for the copper miner.