SYDNEY — GreenX Metals Limited (ASX:GRX, LSE:GRX) announced Monday it has completed the acquisition of a 90% stake in Group 11 Exploration GmbH, securing full control of the expanded Tannenberg Copper Project in central Germany. The completion follows GreenX’s exercise of an option under a Joint Venture and Earn-in Agreement signed in August 2024. Since the…
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Solara Minerals acquires strategic gold-copper project portfolio in WA
PERTH: Solara Minerals Ltd (ASX:SLA) announced Monday it has entered into a binding agreement to acquire OD4 Tom Price Pty Ltd, a private company holding seven exploration licences covering 310 square kilometers in Western Australia’s highly prospective Murchison region. The acquisition grants Solara 100% ownership of projects near prolific gold and copper-producing districts, including Sandfire…
Ajax Resources acquires historic gold-copper project in Argentina
LONDON: Natural resources investment firm Ajax Resources has completed the acquisition of a major gold and copper asset in Argentina, marking a transformative step in its evolution from a listed cash shell to an active exploration company. The company signed a definitive agreement on May 21 to acquire Puna Metals S.A., the wholly owned Argentine…
Red Hill Minerals acquires royalty in Thomson Gold-Copper Project
BATHURST: Red Hill Minerals (ASX: RHI) has acquired a 1.5% net smelter royalty on Legacy Minerals’ (ASX: LGM) Thomson Project in New South Wales for $220,000, bolstering confidence in the emerging gold-copper discovery potential of the 5,500-square-kilometer site. The Thomson Project, located west of Bourke, is targeting large-scale intrusion-related gold-copper (IRG-Cu) systems, with recent assays…
GreenX Metals to acquire copper project in Germany
LONDON: GreenX Metals Limited has entered into an rarn-in agreement through which GreenX can earn a 90% interest in Group 11 Exploration GmbH, a private German company which holds the Tannenberg exploration licence and is highly prospective for sediment-hosted (Kupferschiefer type) copper deposits. GERMANY & EU MINING INDUSTRY· Germany has been a significant mining jurisdiction in…
VVV Resources Limited signs deal to acquire Mitterberg Copper Project in Austria
LONDON, UK: VVV Resources Limited (AQUIS: VVV) has signed an unconditional Share Purchase Agreement (SPA) with a consortium of owners, to acquire the Mitterberg Copper Project in Austria. This SPA supersedes a previous SPA signed in March 2022 where conditions precedent had not been met. The consideration payable is £350,000. An outstanding loan related to…
Apollo Minerals acquires Serbian copper project from Reservoir Minerals
SYDNEY, AUSTRALIA: Apollo Minerals Limited has announced that it has agreed to buy Edelweiss Mineral Exploration d.o.o, which owns the Belgrade Copper Project in Serbia, Europe. The project covers 202km2 of exploration ground in the Carpatho-Balkanian Metallogenic Province, a region known for its copper deposits. The project was part of the portfolio of Reservoir Minerals…
Ecora buys royalty over Chilean copper project for $20m
LONDON, UK: Ecora, a global mining royalty company, has announced the acquisition of a 0.25% royalty over the open pit of the Vizcachitas copper project in Chile, for $20 million. Vizcachitas is one of the world’s largest undeveloped copper projects, owned by Los Andes Copper Ltd. The deal adds to Ecora’s portfolio of copper royalties,…
OZ Minerals funds Kapunda Copper Project Australia
SYDNEY, AUSTRALIA: The directors of Thor Mining Plc announced that OZ Minerals Limited will provide funding support for technical investigations into In Situ Recovery (ISR) technology at the EnviroCopper Ltd (ECL), Kapunda copper-gold ISR Project, in South Australia. Thor owns 30% equity in ECL. Project highlights: OZL has committed AUD$2.5 million over 18 months to…
Antares Metals discovers new copper prospect at Surprise Project
WEST PERTH: Antares Metals Ltd. (ASX: AM5) has discovered a new copper prospect, dubbed “Marvel,” located 1.2 kilometers north of its Surprise Copper Mine in northwest Queensland. The company announced Tuesday that its second phase of reverse circulation (RC) drilling has identified multiple new mineralized targets, including an 80-meter-wide zone of disseminated sulphide and chalcopyrite…
White Energy acquires majority stake in Queensland Copper-Gold Project
BRISBANE: White Energy Company Limited (ASX: WEC) announced Monday it has secured a 51% majority interest in the Specimen Hill Project, a copper and gold exploration site near Biloela in Queensland, after meeting the first-stage funding commitment under its Farm-In Agreement with Signature Gold Pty Ltd. The company spent over $1 million on exploration within…
Kingsrose Mining acquires Jakon Nickel-Copper-Cobalt Project in Finland
HELSINKI: Kingsrose Mining Limited (ASX: KRM) announced today that it has acquired the Jakon nickel-copper-cobalt project in Central Finland from Rio Tinto Exploration Finland Oy. The acquisition is part of Kingsrose’s strategic expansion under its Exploration Alliance with BHP in the region. The Jakon project spans 205 square kilometers, bringing Kingsrose’s total controlled area in…