Latest Copper Mining News

Cobre Limited has completed a $60 million capital raise to acquire majority ownership of the Sierra Atacama Copper Mine in Chile, marking its transition from explorer to producer. Meanwhile, substantial shareholder Sinomine has increased its investment in Cobre’s Botswana copper project.

Aeris Resources has finalised the sale of its North Queensland copper assets to Dingo Minerals, unlocking immediate cash and environmental bond releases with further payments contingent on production milestones.

Cobre Limited’s Chilean subsidiary has secured a majority stake and operational control of the Sierra Atacama Copper Project, setting the stage for potential full ownership through staged acquisitions and strategic governance changes.

Cyprium Metals has completed the second tranche of its placement, raising A$36 million to advance the phased restart of its Nifty Copper Complex in Western Australia.

Anax Metals has successfully raised $10 million through a two-tranche placement, strengthening its financial position ahead of critical funding and development milestones for the Whim Creek Copper Project.

Orion Minerals has completed the final payment to secure full control of the Okiep Copper Project in South Africa, marking a key milestone in its growth strategy. Exploration efforts are underway to meet upcoming expenditure commitments.

Celsius Resources' subsidiary has formally notified its partner of plans to relinquish a 60% stake in Makilala Mining Company, with regulatory compliance and shareholder engagement underway.

Bougainville Copper Limited reported a preliminary net loss of K16 million for 2025, with no dividend declared. The company faces strategic uncertainty following a shareholder dispute over its preferred mining partner and the passing of its CEO.

Capstone Copper has reported record-breaking copper production and adjusted EBITDA for Q4 and full-year 2025, while progressing key expansion projects and maintaining stable guidance for 2026.

Austral Resources Australia Ltd has swung from a $22.6 million loss in 2024 to an $11.9 million profit in 2025, driven by strategic asset sales and acquisitions. The company is now poised to accelerate copper production with a major capital raise and new mining leases.

Caravel Minerals confirms its Definitive Feasibility Study for the Caravel Copper Project remains on track for mid-2026, while regulatory water investigations push the Final Investment Decision to late 2027. Meanwhile, strategic talks with Adani advance steadily.

Caravel Minerals has secured non-binding Letters of Interest from Finnish and German export credit agencies, marking a significant step in financing its Caravel Copper Project. This European backing complements a diversified funding strategy as the company moves towards a Final Investment Decision.