Latest Copper And Base Metals News

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.

Cazaly Resources has cleared the final hurdle to drill the Cadix anomaly, a large untested magnetic target in Namibia’s Abenab North Project, with fieldwork set for Q3 2026.

Lincoln Minerals has raised A$3.1 million in a two-tranche placement to fund drilling at its Minbrie Copper Project, with a strategic investor gaining board representation rights.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

Buxton Resources has secured all key approvals to start drilling at its Madman Project and agreed to sell its 49% interest in the Copper Wolf JV to IGO for about A$6.15 million, shifting its focus to Australian exploration.

Cosmo Metals has kicked off a targeted RC drilling campaign at its Kanowna Gold Project in WA, aiming to unlock significant gold deposits along the Kanowna Shear Zone with government co-funding support.

Lincoln Minerals (ASX:LML) has received all necessary approvals to begin a significant air core drilling program at its Minbrie Copper Project in South Australia, targeting 17km of prospective copper stratigraphy including 1.7km of untested strike at Eagle Ridge. The company plans at least 40 holes in Q2 2026 to identify key targets for follow-up drilling.

Lightning Minerals pivots to a gold-led Australian strategy, elevating its Mt Turner Project as the core value driver while shedding non-core lithium assets. The company aims to capitalise on strong initial drilling success and disciplined capital allocation amid evolving commodity cycles.

Lincoln Minerals has secured all necessary approvals to begin a targeted drilling campaign at its Minbrie Copper Project in South Australia, aiming to unlock significant copper and base metal potential.

Pivotal Metals is set to commence a 1,500m diamond drilling program at its Belleterre projects in Quebec, targeting multiple new high-grade copper-nickel-PGM-gold zones identified by recent geophysical surveys. Well-funded and strategically positioned, the company aims to expand its resource base in a globally significant mining district.