Latest Copper And Gold Projects News

Metal Bank has made Homestead its preferred route to first Western Australian gold production, targeting 2027 while reporting a $4.38 million annual loss and a material going-concern uncertainty. The company ended June with $1.86 million in cash and says further funding may be required.

KGL Resources says its Jervois copper project is funded through construction and ramp-up after a US$300 million Wheaton agreement and a post-year-end A$300 million equity raising. The company is now targeting a final investment decision in the second half of 2026 and first copper concentrate in 2028, while its annual report highlights the execution risks still attached to that timetable.

GreenTech Metals has turned a year of drilling, acquisitions and capital raising into a much larger West Pilbara exploration portfolio. The opportunity is growing, but the annual report also flags a material uncertainty over future funding as the company pursues Munni Munni and Whundo.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.

CuFe Ltd posted a $5.14 million net loss for FY26, driven by exploration expenses and share-based payments, while making substantial progress on its Tennant Creek Copper Project, buoyed by a $15.4 million strategic investment from Pan African Resources and a $20.75 million capital raise.

QMines Limited reports strong copper and gold intersections from two recent drill holes at Mt Chalmers, reinforcing the project's potential with ongoing drilling and assays.

KGL Resources has secured comprehensive funding for its Jervois Copper-Silver-Gold Project, combining a US$300 million streaming deal and a A$300 million equity raise, positioning the project for construction start in Q3 2026 and first copper output in 2028.

Lodestar Minerals has expanded its Virgin Mountain project in Arizona by 40%, locking in a 5 km corridor of high-grade heavy rare earth mineralisation highlighted by rock chip assays reaching 14.68% TREO with a 59% heavy rare earth oxide content.

Sabre Resources has secured $2 million in a placement to fund drilling across its newly acquired 4,000km2 copper and gold projects near Tennant Creek, targeting high-potential IOCG and gold mineralisation.

DGR Global is sharpening its focus on copper and gold exploration in Queensland and Ecuador while pursuing a potentially lucrative damages case linked to Armour Energy's liquidation. The company also plans a share buy-back to unlock shareholder value.

TechGen Metals has secured A$2.7 million through an oversubscribed placement to fast-track maiden drilling at its flagship Blue Devil copper-gold project in WA, alongside advancing exploration at Dalgaranga and John Bull gold assets.

Lodestar Minerals has locked in $4.7 million through a private placement and director subscription to push forward drilling and surveys across Chile, the USA, and Western Australia.