Latest Gold And Copper Mining News

Medallion Metals has secured a US$50 million loan and a copper-gold concentrate offtake agreement with Trafigura, enabling the Final Investment Decision for the Ravensthorpe Gold Project. Development is set to begin pending completion of the Forrestania acquisition.

Evolution Mining has approved nearly $800 million in capital investments across key projects, aiming to boost production and returns significantly. The company also expands its exploration footprint in Canada, signaling a robust growth strategy.

Mammoth Minerals has kicked off its maiden diamond drilling at the Excelsior Springs Gold-Silver Project in Nevada, delivering multiple high-grade intercepts and expanding its landholding by 340%. A $7.5 million capital raise supports ongoing exploration across its Americas portfolio.

Powerhouse Ventures reports its inaugural operating cash flow positive quarter alongside strong fund performance and strategic fund launches, signalling a turning point for the investment house.

Eastern Metals Limited updates shareholders on its in specie return of capital, distributing Australian Gold and Copper shares at a ratio of 1 for every 36 EMS shares held. Key approvals are secured, with distribution scheduled for November 2025.

Far East Gold has secured a pivotal PIPPIB approval for 9,000 hectares of its Idenburg Gold Project in Papua, Indonesia, clearing a major regulatory hurdle and accelerating its path toward mine development.

Argent Minerals has initiated follow-up deep diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver and base metal zones. This move aims to unlock further resource growth amid rising silver prices.

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

The Royal Court of Jersey has approved Harmony Gold’s acquisition of MAC Copper, setting the stage for MAC’s trading suspension and delisting from ASX and NYSE.

Kuniko Limited has completed the earn-in agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, with drilling set to commence soon. This milestone expands Kuniko’s portfolio of strategic minerals critical to the energy transition.

Investigator Resources has secured $10 million through a strategic placement to accelerate development and exploration of its flagship Paris Silver Project, aiming to bring forward silver production and expand drilling across key targets.

Argent Minerals has reported outstanding high-grade silver and polymetallic mineralisation from diamond drillhole AKDD208 at its Kempfield project, revealing extensive zones that could significantly boost the resource base.