Latest Coda Minerals (ASX:COD) News

Exploration wins and funding deals kept the materials sector busy, but price action was uneven. Big winners came from fresh drill results and new targets, while several stocks gave back early gains after trading resumed.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Coda Minerals has launched critical drilling and environmental programmes at its Elizabeth Creek Copper-Silver Project, underpinning its Pre-Feasibility Study and potential resource expansion.

Deal headlines and big drill hits shared the stage with a brutal sell-off in a handful of tiny raisings. The week’s biggest winners were backed by clear news; the biggest losers showed what happens when buyers vanish after a halt.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

Coda Minerals has updated the economics of its Elizabeth Creek Copper-Silver Project, reflecting significant rises in copper and silver prices since August 2025, boosting the project's valuation and reinforcing its development case.

Coda Minerals secured $12.33 million in capital to advance a major drilling campaign and pre-feasibility study at its Elizabeth Creek copper-silver project, maintaining a strong cash position as commodity prices surge.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Coda Minerals has resumed its extensive diamond drilling program at the Elizabeth Creek Copper-Silver Project, progressing towards a pivotal Pre-Feasibility Study with strong commodity price tailwinds. Approximately 70% of drilling is complete, setting the stage for updated resource estimates and enhanced project economics.

Coda Minerals has clarified that its recent share price and volume spike is driven by rising copper and silver prices, with no undisclosed company information influencing the market.

Coda Minerals reports steady progress in its diamond drilling program at Elizabeth Creek, confirming geological models and underpinning a robust $1.3 billion pre-feasibility study valuation. The ongoing work supports future development with promising upside from current copper and silver prices.

Coda Minerals has transformed its Elizabeth Creek Copper-Silver Project with a simplified flowsheet that significantly enhances recoveries and economics, supported by a $12.33 million capital raise. Drilling is underway as the company advances its pre-feasibility study.