Latest Copper News

New World Resources and Central Asia Metals have agreed to increase their takeover offer to 6.2 cents per share, surpassing a competing bid and reshaping the acquisition landscape.

Metal Powder Works has doubled its production capacity and launched continuous 24/7 automated manufacturing at its Pittsburgh facility, marking a significant leap in operational efficiency and cost competitiveness.

Zinc of Ireland NL’s maiden drilling at Mt Clere has intersected sulphide zones consistent with SEDEX-style mineralisation, highlighting promising base metal potential at the Robin 21 anomaly. Two diamond drill holes totaling over 1,100 metres reveal encouraging geological signatures ahead of detailed assays.

Adavale Resources has secured approval for a 10-hole drilling program at its London Victoria Mine, aiming to expand its gold resource and explore high-grade vein structures. This marks the first systematic drilling at the site in over three decades.

Antipa Minerals reports significant new high-grade gold-copper mineralisation at its Minyari Gold-Copper Project in Western Australia, with early assay results confirming resource growth and new discoveries.

Critical Resources Limited has completed a $500,000 capital raising and finalized the acquisition of the Amoco Antimony-Gold Project, expanding its footprint in the New England fold belt.

Blackstone Minerals has completed its acquisition of IDM International, issuing over 692 million shares and 83 million options, significantly expanding its copper-gold portfolio with the Mankayan project in the Philippines.

Lord Resources has completed its entitlement offer, raising $568,925 with a 40.82% take-up rate, leaving a significant shortfall of 45.8 million shares. The company plans to allocate the remaining shares to interested parties as it advances exploration at its Ilgarari Copper Project.

Alvo Minerals has successfully closed its retail entitlement offer, raising $810,985 and bringing total proceeds from its recent capital raise to $1.56 million. The funds will support ongoing exploration at its Palma Cu/Zn Project and other mineral ventures in Brazil.

Koonenberry Gold’s joint venture with Newmont has delivered promising air core drilling results at the Junee Project, expanding known gold and copper mineralisation zones, while Fairholme JV results highlight porphyry system potential despite no significant assays.

Following its merger with IDM International, Blackstone Minerals announces key board and management changes to spearhead development of the Mankayan Copper-Gold Project in the Philippines.

Mandalay Resources Corporation has agreed to a plan of arrangement to be acquired by Alkane Resources Limited through its wholly owned subsidiary. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held, creating a combined gold and antimony producer with a strong balance sheet and diversified operations across Australia and Sweden.