Latest Copper Mining News

Caravel Minerals has advanced its Caravel Copper Project DFS with a 48% increase in Proven Ore Reserves and secured $15 million in new royalty funding from Regal Royalty Fund, while extending key regulatory timelines.

AIC Mines is set for a leadership transition with Clint Donkin appointed Managing Director from October 2026, while Aaron Colleran moves to Non-Executive Chairman, aiming to bolster operational focus during the company’s growth phase.

Hillgrove Resources boosted copper production and cash flow in the June quarter, hitting a 1.8Mtpa run rate at Kanmantoo and securing approval for the Emily Star underground development.

Aeris Resources has reported a substantial 70% jump in Mineral Resources and a fourfold increase in Ore Reserves at its Tritton Operations, driven by the Peel Mining acquisition and successful exploration at key deposits.

AIC Mines projects copper production growth to 18,500 tonnes in FY27, driven by Jericho mine's commercial start and accelerated Eloise plant expansion.

Celsius Resources disputes foreclosure notices from Equinaire over its 40% interest in Makilala Mining, rejecting claims of default and vowing legal defence.

Cyprium Metals is on the cusp of restarting copper cathode production at its Nifty Copper Complex, targeting the September quarter 2026 for first output as key infrastructure nears completion. Meanwhile, the company advances growth strategies including a potential SXEW plant capacity expansion and exploration of oxide ores.

Caravel Minerals has completed the mining component of its Definitive Feasibility Study for the Caravel Copper Project, underpinning an updated Ore Reserve of 597 million tonnes at 0.24% copper. The study outlines a staged open pit operation with plans for autonomous haulage and contractor engagement in early mining.

Cobre Limited has secured A$72.4 million of a planned A$90 million placement, reinforcing its balance sheet and funding key expansions at the Sierra Atacama copper project.

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Cobre Limited has secured A$90 million through a two-tranche placement to boost production and exploration at its Sierra Atacama copper mine while strengthening its balance sheet.

Cyprium Metals has identified significant oxide copper mineralisation across a large section of the Nifty waste dump, potentially adding a low-cost feed source for its heap leach and SXEW operations as it advances the copper complex restart.