Latest Copper Gold News

Newcam Minerals has exercised its option to acquire a 60% interest in Alchemy Resources' Bryah Basin Iron Ore Project, paying $500,000 and taking operational control. Alchemy retains a 40% free-carried stake to a Decision to Mine, reducing its development risk while preserving upside exposure.

Blackstone Minerals has cleared a major regulatory hurdle with the lifting of a Cease and Desist Order at its Mankayan Copper-Gold Project, setting the stage for a pivotal Pre-Feasibility Study drilling campaign.

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.

Solstice Minerals has successfully closed a $32.6 million placement and raised an additional $0.81 million through option exercises, issuing nearly 35 million new shares now available for immediate trading.

MinRex Resources has finalized its merger with Electrum Discovery, creating a well-funded ASX-listed explorer with advanced gold and copper projects in Serbia and Australia. The deal brings Electrum’s Tlamino Gold Project and Timok East Copper-Gold targets into MinRex’s portfolio, alongside its existing Sofala Gold Project in New South Wales.

Stavely Minerals has locked in A$4 million through a heavily oversubscribed placement, backing its upcoming Thursday’s Gossan Scoping Study and exploration programs. The raise underscores investor confidence ahead of key milestones.

FMR Resources has reported assay results from three diamond drillholes at the Southern Porphyry target within its Chilean Llahuin Project, confirming a large, vertically extensive porphyry-related hydrothermal system. While the causative porphyry core remains untested, elevated gold and molybdenum values suggest proximity, prompting plans for a focused Phase II drill program.

Great Western Exploration (ASX: GTE) has begun diamond drilling at its Oval Copper-Gold Target, aiming to test a gravity anomaly linked to a potential large VHMS system akin to the nearby DeGrussa deposit. This marks the launch of a six-month program targeting nine copper-gold prospects across the Yerrida Basin.

Tivan Limited has reported significant high-grade copper, gold, and cobalt assay results from surface sampling at its Baucau and Ossu Projects in Timor-Leste, reinforcing the projects’ exploration potential and setting the stage for expanded field activities.

Cannindah Resources Limited has finalised the second tranche of its share placement, issuing over 87 million shares to raise nearly $4 million, following shareholder approval and regulatory compliance.

Larvotto Resources has engaged former Federal Senator The Hon. David Fawcett as a Strategic Advisor to support positioning its Hillgrove antimony production within national security and critical minerals supply chains.

Strickland Metals Limited has reported promising first-pass diamond drilling results at the Obradov Potok prospect within its Rogozna Gold and Base Metals Project in Serbia, confirming significant lead-zinc-silver mineralisation consistent with proximity to a copper-gold skarn system.