Mining and natural-resource stocks enter August with fresh exploration results, production data and policy developments across copper, gold, uranium, coal and rare earths. This roundup focuses on company announcements and reputable reporting published on August 2–3, 2026. Exploration results are preliminary and should not be treated as mineral resources or reserves unless expressly stated.
FireFly Metals reports high-grade Green Bay copper-gold intersections
FireFly Metals (ASX, TSX: FFM) reported new underground drilling results from its Green Bay Copper-Gold Project in Newfoundland and Labrador. The company highlighted 11.5 metres grading 11.1% copper and 2.1 g/t gold, or 13.2% copper equivalent, in hole MUG26-101. Other reported intervals included 18.9 metres at 8.2% copper equivalent and a further 11.1 metres at 12.1% copper equivalent in MUG26-079. FireFly said the results will feed an updated mineral resource estimate and that its preliminary economic assessment remains on track for completion by the end of August 2026.
Benz Mining outlines new high-grade gold hinge zones at Icon
Benz Mining (ASX: BNZ; TSXV: BZ) reported additional drilling from the Icon deposit at its Glenburgh Gold Project in Western Australia. Highlights included 41 metres at 14.5 g/t gold from 260 metres in hole 26CN079, 39 metres at 3.6 g/t gold including 8 metres at 15.6 g/t gold in 26CN074, and 62 metres at 2.5 g/t gold within a broader 102-metre interval at 1.7 g/t gold in 26CN073. Benz said closer-spaced drilling is identifying northeast-plunging fold-hinge zones; the company’s planned maiden mineral resource estimate is future work, not a current resource statement.
Copper One completes Majuba Hill drill hole; assays pending
Copper One Resources (CSE: CEXY; OTCID: CEXYF; FSE: IW8) said it completed hole MHB-38 to a total depth of 608 feet (185.32 metres) at the Majuba Hill Copper-Silver-Gold Project in Nevada. The company said the hole intersected the targeted north-northwest-trending tourmaline breccia corridor at the predicted depth. Assays for MHB-38 were still pending, as were results from MHB-37B, and Copper One said it was preparing to start MHB-39.
Yari Resources agrees to acquire Arcadia coal project
Mining Weekly reported that ASX-listed Yari Resources entered a binding conditional agreement to acquire 100% of the Arcadia coal project from Comet Resources in Queensland’s Bowen Basin. The report said Arcadia has a reported coal resource of about 222.9 million tonnes, including a 33.7-million-tonne maiden indicated resource, and that the transaction could take Yari’s JORC mineral resource estimate to more than 500 million tonnes. Yari also received commitments to raise up to $2.2 million through about 488 million shares priced at $0.0045 each, according to the report.
Kazatomprom’s first-half uranium output rises 9%
Reuters reporting carried by Mining Weekly said Kazakhstan’s uranium production rose 9% year over year in the first half of 2026, according to Kazatomprom. The company reported production of 13,291 tonnes in the first six months of 2026, compared with 12,242 tonnes in the same period of 2025. The report did not state new production guidance or an outlook change.
Indonesia resumes exports of minerals that may contain rare-earth byproducts
Mining Weekly’s Reuters report said Indonesia resumed exports of minerals that may contain rare earth elements as byproducts after shipment delays tied to mandatory testing and uncertainty over allowable content. The affected products include bauxite, alumina, copper cathodes and nickel derivatives. Indonesia’s primary rare-earth exports remain prohibited, while the government prepares further rules on concentration limits, testing methods, verification and surveyor reports.
Closing note
These updates span exploration, development, operating data, financing and resource-policy changes. Investors should review the underlying company releases and regulatory disclosures, and consider the technical, permitting, financing and execution risks that can affect mining projects.
This article is for informational purposes only and is not financial advice.
