Latest Copper And Precious Metals News

Midas Minerals has pushed the boundaries of its Spaatzu Prospect at Otavi, Namibia, with consistent high-grade copper and silver intercepts now confirmed along a 1.2km strike. The discovery enhances the project’s resource potential ahead of planned updates in early 2027.

Azzuro Resources has locked in a major copper-gold discovery at its newly acquired Red Hill project in Mongolia, confirming a high-grade VMS system over nearly 550 metres of strike with significant expansion potential.

Eagle Mountain Mining finalises a joint venture with Nittetsu Mining for the Oracle Ridge copper project, extinguishing a US$7.25 million debt and setting in motion a US$16.5 million exploration program. The company holds $2.9 million cash and is reassessing its Silver Mountain project alongside new acquisition pursuits.

Koba Resources has delivered strikingly high tungsten and tin assays from its initial sampling at Queensland's Mt Garnet Project, advancing drilling and exploration plans.

Great Bear Exploration is gearing up for a major 2026 field campaign at its vast Great Bear Project in Canada, armed with fresh high-grade assay results and a cutting-edge airborne geophysics survey to refine drill targets.

KGL Resources has received the initial US$16 million tranche from a US$300 million precious metals streaming deal with Wheaton, marking a key funding milestone for the Jervois Copper Project development in Australia’s Northern Territory.

Cosmo Metals has reported robust rock chip assays from its Everest-Mona-Victory Trend in NSW, revealing significant copper, gold, and silver mineralisation and advancing towards its first drill program.

Aruma Resources has wrapped up Phase 1 diamond drilling at its Tillex Copper-Silver Project in Ontario, delivering critical geological data and setting the stage for a more extensive Phase 2 campaign targeting a substantial copper resource.

Infinity Mining’s joint venture with Mining One kicks off hands-on exploration at the Walhalla project, targeting structurally controlled gold-antimony mineralisation after promising initial assays.

Midas Minerals has unveiled an initial inferred resource of 10.5Mt at 1.6% copper and 21g/t silver for its T-13 deposit in Namibia, alongside a $28 million placement to accelerate drilling and feasibility studies.

Horseshoe Metals reveals high-grade gold and silver assays that enhance the value of copper Direct Shipping Ore at Horseshoe Lights, unlocking new revenue potential amid strong copper prices and active offtake talks.

Midas Minerals has raised $28 million through a heavily supported placement to fund expanded drilling and feasibility studies at its Otavi project in Namibia. The capital boost lifts the company’s cash reserves to approximately $33 million, underpinning an aggressive exploration push.