Latest Mining Equities News

Global X Copper Miners ETF delivered a sharp rise in annual profit as copper-mining equities lifted fair values and investor applications accelerated. The result was dominated by market gains rather than recurring income, leaving the fund highly exposed to further moves in copper shares and currencies.

Global X Silver Miners ETF (ASX:SLVM) reported a $13.915 million loss in its first financial reporting period, driven overwhelmingly by fair-value and foreign-exchange losses on listed silver-mining equities. The fund then disclosed that its net asset value rose by more than 10% after 30 June, highlighting the sharp market swings embedded in the strategy.

TechGen Metals has acquired 100% of the Mt Boggola East copper-gold-silver project in Western Australia, adding a key tenement adjacent to its existing holdings. Historic drilling highlights significant high-grade copper mineralisation, setting the stage for imminent exploration.

Theta Gold Mines has completed a significant capital raising, securing nearly A$20 million through a placement and the first tranche of a cornerstone investment, setting the stage for advancing its TGME Gold Project.

Corazon Mining has secured a transformative deal to acquire the Two Pools Gold Project in Western Australia, backed by a A$2 million capital raise and the appointment of Simon Coyle as Managing Director.

Benz Mining has exercised its option to acquire additional tenements adjacent to the Glenburgh Gold Project, extending its potential gold strike by over 20km and reinforcing its exploration ambitions in Western Australia.