Latest Copper Gold News

Locksley Resources has ceased active exploration at its US critical minerals projects following a technical review and a sharp drop in antimony prices, opting to maintain claims on a low-cost basis while reassessing its hydrometallurgical technology partnership.

Neometals has reported encouraging copper assay results from its July 2026 reverse circulation drilling at the Rinaldi prospect within the Barrambie Gold Project, confirming primary sulphide mineralisation and outlining plans for further diamond drilling and geophysical surveys.

Nelson Resources has completed a comprehensive soil sampling program at its Cinnamon Property in Nevada, affirming a high-grade copper-gold discovery at Sheba and prioritising the near-surface tungsten potential at Ophir.

Celsius Resources faces a lifted court protection on its 40% MMCI stake amid disputes over capital increases and a contested copper offtake deal with Kiri Industries, setting the stage for arbitration.

Novo Resources has progressed its Belltopper Gold Project with a planned diamond drilling campaign and completed maiden Pilbara drilling programs, while reporting a $3.9 million net loss for H1 2026 and bolstering liquidity through capital raises.

Diablo Resources has secured an 80% stake in the historic Horn Silver Project in Utah, unlocking a portfolio of high-grade silver, gold, copper, and antimony targets. The acquisition complements its nearby Star Range assets and aligns with US critical minerals priorities.

Tarrina Resources (ASX:TR8) posted a $3.63 million loss for FY2026 as it ramped up exploration at its newly acquired gold and base metal projects following a $5 million capital raise and ASX relisting.

Nex Metals Explorations and Wangkatja Tjungula Aboriginal Corporation’s joint venture is set to acquire the East Scotia Gold Project, adding a strategically located asset with promising geology and minimal recent exploration to their portfolio.

Kincora Copper has accelerated exploration activities across its Australian portfolio, including partner-funded drilling with AngloGold Ashanti and sole-funded programs at Condobolin, while divesting its Mongolian assets for US$10 million to sharpen focus and strengthen its balance sheet.

Sierra Nevada Gold (ASX: SNX) is refocusing its exploration budget and management attention on its promising As Safra copper-gold project in Saudi Arabia, triggering a strategic review and commercialisation of its Nevada, USA portfolio which is attracting strong buyer interest.

Kuniko Limited has extended the high-grade mineralised system at its Silica Hill prospect by approximately 100 metres through Phase 2 diamond drilling, highlighting significant resource growth potential ahead of a planned update.

Cosmo Metals has reported broad gold mineralisation at its Kanowna Gold Project, with new diamond drilling revealing continuous mineralised zones down dip, highlighting a large, underexplored system along the Kanowna Shear.