Latest Copper And Gold Production News

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.

Alara Resources has reported its strongest quarterly copper concentrate production and dispatch at the Al Wash-hi Majaza Mine, alongside expanded exploration efforts across Oman and strengthened financial footing through new loan facilities.

AIC Mines maintained steady copper and gold production at its Eloise mine, generating robust cash flow despite weather disruptions, while progressing its plant expansion and exploration programs.

Antilles Gold has officially commenced construction on its Nueva Sabana copper-gold mine in Cuba, backed by a $35 million funding package and a $29.5 million EPC contract with Shandong Xinhai Mining. Initial gold production is targeted for early 2027, promising strong financial returns.

QMines Limited’s initial drilling results at Mount Mackenzie confirm high-grade gold and silver mineralisation, reinforcing the project’s potential within their Central Queensland hub strategy.

Alara Resources’ Oman joint venture has secured an additional $36.4 million loan facility to fund key capital projects and sustain operations at the Al Wash-hi Majaza Copper Gold Project.

QMines Limited has identified several significant gold targets at its Mount Mackenzie Gold Project through advanced reprocessing of magnetic data, with a maiden drilling program now in progress to test these promising zones.

G11 Resources has identified a promising new copper and gold drill target at Sedgwick Bluff, Tasmania, adjacent to the historic Mt Lyell mine. The discovery, based on advanced geophysical modelling, sets the stage for imminent drilling pending environmental and regulatory approvals.

Aeris Resources has announced a significant $90 million equity raise through a placement and share purchase plan, aiming to strengthen its balance sheet and fund key growth projects. The raise comes with a discount to recent share prices and supports the company’s strategic expansion and operational improvements.

Aeris Resources reported solid Q1 FY26 results with steady copper and gold production, disciplined cost management, and advancing divestment plans for non-core assets.

AIC Mines reports robust production and cash flow from Eloise, advances Jericho development with promising drilling, and kicks off a major processing plant expansion.

Aeris Resources Limited reported a robust financial turnaround for FY25, posting a $45.2 million profit and a 68% rise in adjusted EBITDA, underpinned by steady copper and gold production and strategic refinancing.