Copper Prices Fuel Arras Minerals' 11.5% Rally Amid Wider Discovery
Arras Minerals Corp. (TSXV: ARK) bounced back from its mid-August selloff, rising 11.51% on August 25, 2026.
The company's shares have been closely watched due to its drilling activities at the Elemes copper-gold porphyry project in northeastern Kazakhstan.
Recently reported drill results included hole EL26036, which returned 568.9 meters grading 0.33% copper-equivalent, including 168 meters at 0.51% CuEq.
A new strategic shareholder acquired approximately 8.3% of the company from Teck Resources, which fully exited its position.