Latest Copper Gold Mining News

Sandfire Resources has agreed to sell its Old Highway Gold Project to Catalyst Metals for A$32.5 million, aiming to bolster rehabilitation efforts at its DeGrussa mine and unlock new local opportunities.

Adavale Resources (ASX:ADD) advances its Parkes Project in NSW’s Lachlan Fold Belt with a maiden JORC resource at London-Victoria and promising copper-gold targets at Ashes and Myalls. The company is gearing up for a maiden drilling campaign in Q2 2025.

Cooper Metals Limited reported steady progress in its March 2025 quarterly activities, focusing on exploration at Mt Isa East, Oorindi, and Gooroo projects while maintaining a strong cash position of $2 million.

Antilles Gold Limited is raising $1 million through a share and option placement to support working capital and development of its Nueva Sabana copper-gold mine in Cuba.

Adavale Resources is set to launch a detailed geochemical survey at its Ashes and Myalls prospects within the Parkes Project, aiming to refine drilling targets in a highly prospective gold-copper region.

QMines Limited has raised $6 million through a strongly supported placement, positioning the company to accelerate exploration and development at its Mt Chalmers and Develin Creek copper and gold projects.

Alara Resources reports a marked increase in copper production at its Wash-hi-Majaza mine in Oman alongside encouraging early exploration results from the Block 8 concession, signaling potential growth in its copper-gold portfolio.

Xanadu Mines has delivered a landmark Pre-Feasibility Study and Maiden Ore Reserve for its Kharmagtai Copper-Gold Project, confirming its status as a world-class asset. The company also secured $7.5 million in funding and transitioned project operatorship to Zijin Mining, setting the stage for a Bankable Feasibility Study.

Magmatic Resources has launched an expanded diamond drilling campaign at its Myall Project while reporting promising soil sampling results from its Wellington North and Parkes projects. The quarter also saw significant leadership changes, positioning the company for its next growth phase.