Mining Jobs - MES

9 July 2026 | Western Australia - Cyprium Metals has reported extensive copper mineralisation within the waste dump at its Nifty Copper Complex in Western Australia’s Paterson region.

The results come from a recent reverse circulation drilling program targeting visible copper mineralisation within the historical waste dump, located adjacent to the former oxide open pit.

Cyprium said the drilling identified a main mineralised zone over approximately 750m by 250m, with extensions to the mineralisation expected. The company said further drilling will be required to fully define and infill the mineralised zone.

Key results include:

6 July 2026 | Western Australia - Genesis Minerals has delivered a binding proposal to merge with Vault Minerals, in a move that could create one of Australia’s largest gold producers.

Under the proposed scheme of arrangement, Vault shareholders would receive 0.7629 new Genesis shares plus A$0.475 in cash for each Vault share held. Based on Genesis’ closing share price on 3 July 2026, the offer implies total consideration of A$5.27 per Vault share, valuing Vault at approximately A$5.6 billion.

If completed, Genesis shareholders would own approximately 59.8% of the enlarged group, with Vault shareholders owning the remaining 40.2% on a fully diluted basis.