Latest Copper And Gold Production News

QMines Limited reports strong drilling results at Develin Creek and completes Mount Mackenzie acquisition, significantly expanding its resource base and advancing its Mt Chalmers Pre-Feasibility Study.

Aeris Resources reported a robust June 2025 quarter with increased copper and gold production, improved cost efficiencies, and successful refinancing, while advancing exploration at key projects.

AIC Mines has delivered strong FY25 production and financial results while securing key contracts and financing to expand its Eloise processing plant and advance the Jericho copper deposit development.

AIC Mines has exceeded its FY25 production guidance at the Eloise Copper Mine, delivering 12,863 tonnes of copper and 5,955 ounces of gold in concentrate, surpassing its targets. This marks the second consecutive year and eighth straight quarter of meeting or beating production goals.

C29 Metals has exited its Kazakhstan operations to focus on advancing its Mayfield Copper & Gold Project in Queensland, securing a three-year exploration license extension and confirming strong geological potential.

Aeris Resources has completed the drawdown of a $60 million Guarantee Facility from Washington H. Soul Pattinson, alongside an extension of its Term Facility, freeing up restricted cash and reinforcing its financial flexibility.

QMines Limited reveals metallurgical test results supporting a doubling of throughput at Mount Chalmers to 2Mtpa, boosting metal recoveries and expanding the mine plan to include Develin Creek and Mount Mackenzie.

AIC Mines has awarded a fixed-price $77.6 million contract to GR Engineering to expand its Eloise processing plant capacity from 725,000 to 1.1 million tonnes per annum, with construction set to begin in October 2025 and commissioning expected by late 2026.

Hammer Metals has reported extensive copper and gold mineralisation over a 600m strike at its Tourist Zone in Mount Isa, alongside promising results at Mt Mascotte and Lex. These findings reinforce the company’s exploration momentum amid a tightening global copper market.

Aeris Resources has secured a $60 million Guarantee Facility with Washington H. Soul Pattinson, replacing its ANZ environmental bonding, and extended its $50 million Term Facility to August 2026 under favourable terms.

Horseshoe Metals is close to completing infrastructure upgrades at its Horseshoe Lights project, setting the stage for imminent copper Direct Shipping Ore operations and gold processing activities.

Kingston Resources has agreed to sell its Misima Gold Project to Ok Tedi Mining for $95 million, strengthening its balance sheet and enabling a strategic pivot towards expanding its Mineral Hill copper and gold operations.