Latest Copper And Gold News

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.

Austral Resources is set to begin an 18-hole drilling campaign at its Rocklands project to enhance confidence in its copper-gold resource and optimise processing. Results expected through Q3 2026 will inform next steps in resource development and plant efficiency.

Metal Bank Limited has entered a non-binding MOU with Austral Resources to explore toll treatment of ore from the Millennium Project at Austral’s nearby Rocklands facility, aiming to advance a promising copper-cobalt-gold resource in NW Queensland.

Tivan Limited has completed its acquisition of the Baucau and Ossu mineral projects in Timor-Leste and signed a non-binding agreement to form a joint venture with the state-owned Murak Rai. The move positions Tivan at the forefront of mineral exploration in a highly prospective but underexplored region.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources in a $214 million transaction, while spinning off its remaining assets into a new ASX-listed company, NewCo. The deal offers Peel shareholders immediate value and ongoing exposure to a diversified metals portfolio.

Aeris Resources has announced a strategic all-scrip acquisition of Peel Mining, consolidating key copper assets in New South Wales and aiming to extend the Tritton mine life beyond a decade. Peel shareholders will also retain exposure to precious metals exploration through a demerger into a new ASX-listed entity.

Aeris Resources has agreed to acquire Peel Mining in a strategic deal that consolidates key copper assets and extends the Tritton mine life to over 10 years. Peel shareholders will receive Aeris shares plus stakes in a new ASX-listed entity holding Peel’s remaining exploration assets.

Carnaby Resources has reported significant shallow, high-grade copper and gold drill results at its Trek 1 prospect, reinforcing the potential for an open pit development within the Greater Duchess Copper Gold Project.

TechGen Metals has acquired 100% of the Mt Boggola East copper-gold-silver project in Western Australia, adding a key tenement adjacent to its existing holdings. Historic drilling highlights significant high-grade copper mineralisation, setting the stage for imminent exploration.

Killi Resources has identified a significant gold-copper-molybdenum geochemical anomaly at its Mt Rawdon West Project in Queensland, marking a key milestone with new high-priority drill targets.

Kincora Copper has reported promising initial results from its Phase 1 drilling at Nevertire, prompting an expansion of exploration activities and recommencement of drilling to target multiple porphyry centres.

Eagle Mountain Mining has reached a key milestone as Nittetsu completes due diligence on the Oracle Ridge copper project, moving closer to signing a joint venture agreement expected in April 2026.