Latest Gold And Copper News

Medallion Metals has raised A$60 million through a targeted placement, boosting its liquidity to about A$175 million and enabling accelerated development of its Ravensthorpe Gold Project and drilling programs in Western Australia.

Koonenberry Gold has kicked off a seven-hole RC and diamond drilling program at its Dunedoo Project in NSW, targeting the untested Bolinda Vale copper-gold porphyry system and the Hillside gold-silver anomalies.

Sierra Nevada Gold (ASX: SNX) reports exceptional surface rock chip assays up to 15.8% copper and 5.83g/t gold at its As Safra project in Saudi Arabia, identifying a new undrilled copper target and expanding existing zones ahead of a larger Phase 2 drilling program.

Broken Hill Gold (ASX:BH6) has identified several promising gold-copper targets near its White Dam project in South Australia, setting the stage for a significant exploration push focused on deeper sulphide mineralisation following the Icebreaker discovery.

Evolution Mining delivered record FY26 profit and cash flow, declaring a 21-cent final dividend and setting a higher 60% payout policy while advancing key growth projects and acquisitions.

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.

Adavale Resources has executed a $1.2 million deal selling its Marree Embayment uranium assets to Orpheus Uranium, pivoting capital and attention towards advancing its gold-copper Parkes Project in NSW.

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.

Adavale Resources' latest assays from five drill holes reveal consistent, wide gold mineralisation beneath the London-Victoria open pit, reinforcing expectations for a resource upgrade this quarter.

Hawk Resources has intersected strong near surface copper mineralisation with spot pXRF assays reaching 66.6% copper in the Comet zone of the Cactus Corridor, Utah. The drilling also reveals promising gold indicators through associated silver, arsenic and antimony anomalies.

Kuniko Limited has fast-tracked its earn-in to a 51% interest in Impact Minerals’ Commonwealth-Silica Hill project, hitting the milestone a full year ahead of schedule after $1.5 million in exploration spend.

Kuniko Limited has fast-tracked its acquisition of a 51% stake in the Commonwealth-Silica Hill gold-silver-copper project, achieving the earn-in milestone over a year early and setting the stage for resource expansion and district-scale exploration.