Latest Copper Gold News

Zenith Minerals has finalised the sale of its 20% stake in the Kavaklitepe gold project in Turkey, securing approximately A$820,000. The company plans to reinvest these proceeds to accelerate exploration at key Australian gold and copper-gold projects.

Celsius Resources reports steady progress on the MCB Copper-Gold Project feasibility and engineering design, while engaging multiple parties in financing discussions including a new memorandum of understanding with Kiri Industries.

Maronan Metals has signed a non-binding MoU with Austral Resources to explore toll processing at the Rocklands facility, aiming to unlock cost-effective pathways for its mineral projects.

Locksley Resources has completed an oversubscribed capital raising and appointed Tribeca Capital to drive its U.S.-focused critical minerals strategy, targeting rare earths and antimony supply chains aligned with government initiatives.

Carnaby Resources reports a significant off-hole electromagnetic conductor at its Trekelano prospect alongside robust copper-gold drill results, advancing its Greater Duchess Project in Queensland towards a Pre-Feasibility Study.

Alara Resources has successfully commissioned new tailings filter presses at its Al Wash-hi Majaza project in Oman, significantly boosting production efficiency and concentrate output.

FMR Resources has completed due diligence and a $2.2 million placement to earn a majority interest in Southern Hemisphere Mining’s Llahuin Copper-Gold Project, setting the stage for drilling at a promising porphyry target later this year.

Koonenberry Gold Limited reveals promising high-grade gold intercepts at its Enmore Project in NSW and announces a fully funded 10,000m Phase II drilling program to expand its discovery pipeline.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.

Antilles Gold initiates a $650,000 share placement to fund working capital and prepare for a major $29.5 million EPC contract with Xinhai Mining, advancing the Nueva Sabana copper-gold mine development in Cuba.

Hot Chili Limited has announced a non-renounceable entitlement offer aiming to raise approximately A$14 million to advance its strategic partnering efforts and drilling programs. Eligible shareholders can subscribe for new shares at 60 cents each, with funds earmarked for exploration and corporate purposes.