Latest Copper Mining News

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.

Cobre Limited’s Chilean subsidiary has increased its stake in the Sierra Atacama Copper Project from 45% to over 54% through a $12 million capital raise, with a clear path to majority control by year-end.

Pivotal Metals has expanded its Horden Lake copper resource by 42%, lifting the total to 52 million tonnes at 1.05% CuEq, underpinning plans for a large-scale open pit operation in Quebec.

Austral Resources Australia Ltd has tabled a non-binding proposal to acquire Hammer Metals Ltd at A$0.087 per share, outbidding Larvotto Resources and aiming to bolster its Rocklands copper operations with a substantial new feed source.

Cobre Limited has achieved a swift operational turnaround at its Sierra Atacama copper mine, generating positive operating cash flow within two months of assuming control. The company targets a significant production ramp-up supported by capital investments and ongoing optimisation.