Latest Copper And Gold News

Loyal Metals has raised $2 million through a targeted placement to accelerate exploration at its newly acquired Highway Reward Copper-Gold Mine, leveraging cutting-edge AI and drone technologies.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

Antares Metals has reported striking rock chip assay results from its Mt Isa North project, revealing copper grades as high as 22.3% at Startle and 16.2% at Moonside, alongside promising gold values. These findings underscore the company’s advancing exploration efforts in a historically rich copper region.

Aeris Resources has secured gold hedges covering half of its FY26 Cracow production at a forward price of A$5,145.75 per ounce, aiming to stabilise revenue amid market fluctuations.

Magmatic Resources and Fortescue have agreed on a $3.5 million exploration budget for FY25-26 at the Myall Project, focusing on extensive drilling to unlock copper-gold potential. Early results highlight promising mineralisation at the Calais prospect, setting the stage for accelerated exploration.

Australasian Metals has identified a significant silicified breccia zone linked to strong geophysical anomalies at its May Queen Gold Project, prompting plans for a substantial drilling campaign.

AIC Mines has successfully raised over $14 million through a Share Purchase Plan, exceeding its $10 million target, to fund expansions at its Eloise processing plant and the Jericho copper mine development.

Capstone Copper delivered record Q2 2025 copper production and adjusted EBITDA, underpinned by strong sulphide output and a key environmental permit for its Mantoverde Optimized project. The company reaffirmed full-year guidance amid ongoing growth initiatives and a strengthened balance sheet.

Helix Resources has secured conditional agreements to earn up to 40% of the Gold Basin gold project in Arizona, while planning a resource update and expanded exploration. The company also reviewed its Australian Cobar assets and is preparing a capital raise to support ongoing operations.

Cannindah Resources has completed its initial 2025 drilling program at Mt Cannindah, revealing promising extensions to its copper-gold breccia resource and identifying new porphyry targets that could significantly increase the project’s scale.

American West Metals reports promising drilling results at its Storm Copper Project and advances critical minerals exploration in Utah, backed by strategic funding and offtake agreements.

Resource Mining Corporation (ASX, RMI) has kicked off a new drilling campaign at its Mpanda Copper-Gold Project in Tanzania, progressed exploration in Saudi Arabia, and strengthened its balance sheet by raising $2 million and repaying all debt.