Latest Copper And Rare Earths News

Thor Energy secured A$6.56 million from the Molyhil sale, expanded its natural hydrogen portfolio with new Otway Basin licences, and advanced its HY-Range Project geochemistry survey during Q1 2026.

AusQuest has confirmed a vast copper-gold system at its Cangallo project in Peru, revealing broad mineralisation and multiple higher-grade zones. Meanwhile, exploration momentum continues in Australia under a South32 alliance, with key drilling programs poised to start.

Cobalt Blue Holdings and Glomar Minerals have teamed up to develop a pioneering polymetallic nodule processing facility in the US, aiming to secure critical minerals for advanced manufacturing and defence sectors.

Magnetite Mines Limited (ASX:MGT) has been awarded Federal Major Project Status for its Razorback Iron Ore Project, unlocking government support as it advances multi-commodity exploration across South Australia. The company is progressing rare earth, copper, and gold programs while positioning Razorback for long-term green steel supply.

Magnum Mining and Exploration has identified four promising gold and copper targets at its Parker Gold Project in Arizona, following an ultra-high resolution aeromagnetic and radiometric survey. The findings highlight potential extensions of historic mineralisation and set the stage for imminent drilling.

Terrain Minerals is progressing key drilling campaigns across its Western Australian and Queensland projects, aiming for a maiden JORC resource at its Lightning gold-silver prospect by mid-2026. The company’s diversified portfolio also includes critical metals like gallium, lithium, copper, and rare earth elements.

White Energy Company Limited has bolstered its balance sheet with a $3.2 million entitlement offer while progressing multiple Australian mineral exploration projects and expanding commercial trials of its Binderless Coal Briquetting technology in South Africa.

Tarrina Resources has launched a 1,200-metre diamond drilling program at its flagship Christmas Gift Gold Project, following extensive historic data validation and geological modelling. The company also advances copper and rare earth element projects in South Australia after a successful $5 million capital raise and ASX relisting.

Gold Mountain Limited has completed the acquisition of Mars Mines’ 25% stake in its Brazil Joint Venture, gaining full ownership and strategic control. This move simplifies the corporate structure and positions the company to accelerate exploration and development in Brazil.

Havilah Resources has struck a landmark agreement with Sandfire Resources to advance its Kalkaroo copper-gold project, backed by a $210 million staged investment and a strategic exploration alliance in South Australia’s Curnamona Province.

Metal Bank Limited is set to complete its acquisition of Hastings Technology Metals' gold assets, bolstering its Western Australia portfolio and appointing Tim Gilbert as CEO to drive its transition from explorer to producer.

Infinity Mining has partnered with Orivium Global to deploy a cutting-edge metal recovery technology at its historic Cangai copper project, aiming to transform waste into valuable resources with minimal environmental impact.