Latest Copper Gold Mining News

Loyal Metals has completed the acquisition of the high-grade Highway Reward Copper-Gold Mine and confirmed a large-scale VHMS mineral system, while agreeing to a cash takeover by PT Bumi Resources valuing the company at A$79.1 million.

Alara Resources maintained steady copper-gold production at its Al Wash-hi Majaza Mine despite regional geopolitical shipping disruptions, while advancing exploration and managing ongoing legal proceedings in Oman.

Loyal Metals Ltd has entered a binding scheme implementation deed with Indonesia’s PT Bumi Resources Tbk to sell all shares for A$0.45 each, valuing the company at approximately A$79.1 million. The transaction offers shareholders an immediate cash premium of over 40% and is supported by Loyal’s board and major shareholders.

Altitude Minerals has completed extensive gravity and passive seismic surveys over its Byrock Project in NSW, validating key copper-gold porphyry targets and setting the stage for follow-up RC drilling in 2026.

Loyal Metals has exercised its option to acquire 100% of the Highway Reward Copper-Gold Mine in Queensland, triggering the sale agreement and setting the stage for full ownership by H2 2026. This move follows extensive exploration that confirmed the project's exceptional grade and scale.

Alara Resources has announced that its Al Wash-hi Majaza Mine and concentrator in Oman are producing consistently above nameplate capacity, marking a significant operational milestone despite shipment delays.

LinQ Minerals has reported a significant 220-metre copper-gold intersection at its Mandamah deposit within the Gilmore Project, affirming the continuity of a high-grade mineralised core. With drilling intensifying and strong funding in place, the company is poised for an active exploration year.

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.

Capstone Copper has resolved a significant labour dispute at its Mantoverde mine in Chile, ratifying a new three-year agreement that ends a strike and sets the stage for a return to full operations.

Heavy Minerals Limited has finalized a binding agreement with Hillgrove Resources to extract garnet from tailings, while advancing its Port Gregory project and targeting substantial capital raising.

Solara Minerals has completed the first stage of drilling at its promising Degrussa West gold-copper project, with assay results expected soon. The company also secured a $180,000 government grant to support further exploration across its Bryah Basin portfolio.

Alara Resources has reported its strongest quarterly copper concentrate production and dispatch at the Al Wash-hi Majaza Mine, alongside expanded exploration efforts across Oman and strengthened financial footing through new loan facilities.