Latest Copper And Gold News

Broken Hill Mines (ASX: BHM) has delivered a suite of high-grade silver, lead, zinc, copper, and gold intercepts from recent drilling at its Pinnacles Mine open pit area, underpinning ongoing mining operations and a planned resource upgrade by year-end.

AIC Mines has reported promising drilling results at its Iris and Eloise South prospects near the Eloise copper mine, confirming extensive copper mineralisation and a spectacular high-grade gold intercept.

Sabre Resources has secured 4,000km2 of prime gold-copper ground near Tennant Creek and kicked off its maiden drilling campaign at Kurundi North, aiming to replicate world-class mineralisation.

Hot Chili Limited expands its Costa Fuego copper-gold project with significant drilling success at La Verde, underpinning a strong Preliminary Feasibility Study and strategic water infrastructure plans.

Moonlight Resources has kicked off its first reverse circulation drilling campaign at Peak Downs in central Queensland, aiming to validate historic high-grade copper mineralisation and unlock the potential of a largely underexplored system.

Bindi Metals has signed a binding agreement to divest its Biloela copper-gold project in Queensland to Jacaranda Natural Resources, retaining a 2% royalty and milestone-based equity. The sale will free up resources to focus on its Ravni Gold Project in Serbia, pending shareholder approval.

FireFly Metals has delivered a fresh wave of high-grade copper and gold drilling results at its Green Bay project in Canada, setting the stage for an updated Mineral Resource Estimate and a Preliminary Economic Assessment due by the end of August 2026.

Sunstone Metals has uncovered a substantial new zone of gold-copper mineralisation at its Bramaderos Project in Ecuador, with all 24 recent drill holes outside the existing 3.6Moz resource delivering long intersections. The Porotillo prospect alone now spans a 520m by 230m area, setting the stage for a resource update in December 2026.

Austral Resources has lodged a binding offer to acquire Hammer Metals for $80.7 million, trumping Larvotto Resources' earlier $61.2 million scheme. The proposal includes a demerger of Hammer’s WA gold assets and positions Hammer shareholders to own about 31% of the combined entity.

Encounter Resources has significantly extended the shallow, high-grade niobium mineralisation at its Emily deposit and confirmed thick, high-grade zones at Green within the Aileron Project. A 70,000m drilling campaign is underway, underpinning resource growth and development plans.

Middle Island Resources has reported strong Phase 2 drilling results at its Bobija project in Serbia, revealing an extensive shallow gold-silver-base metal system. Soil sampling at Tisovik further highlights large polymetallic targets with high-grade antimony, supporting a carbonate replacement deposit model.

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.