Latest Copper And Critical Minerals News

Right Resources has locked in a second tranche of A$755,000 in non-dilutive R&D funding for FY2026, boosting its collaboration with the University of Tasmania's CODES to deepen understanding of mineral systems in the Tumbarumba district.

Encounter Resources has kicked off a 3,500-metre dual drilling campaign at its Yeneena Copper Project, aiming to extend known high-grade copper mineralisation along the Parbo system and complete a diamond hole at Haddon. Results are due in August 2026.

Mammoth Minerals reports extraordinary silver, gold, and copper assay results from surface sampling at Nevada’s Blue Dick Mine Prospect, confirming extensive high-grade mineralisation and setting the stage for drilling in Q3 2026.

Larvotto Resources will acquire Hammer Metals in a $55 million scheme delivering a 64% premium, while Hammer shareholders retain exposure to Western Australian gold assets through a demerger.

Larvotto Resources is set to acquire Hammer Metals in a $54 million all-scrip deal, expanding its Mt Isa copper portfolio to over 530,000 tonnes of copper equivalent and backed by a $15 million strategic placement from Glencore.

Vita Resources NL is accelerating exploration across its diverse portfolio, expanding drilling at its Ninnis Gold Project in WA and confirming polymetallic upgrades at its ICE Project in Canada.

Neometals’ latest geophysical survey at Barrambie reveals several high-priority copper drill targets near historic workings, setting up a June drilling campaign.

Tali Resources is set to begin a 10,000m aircore drilling campaign at West Arunta in May, leveraging new geophysical surveys to test multiple high-potential prospects.

Nexus Minerals has kicked off an extensive reverse circulation drilling program at its Wallbrook Gold Project, targeting resource growth across four key prospects while advancing permitting and operational partnerships.

Fortescue Ltd has greenlit a US$680 million expansion of its Pilbara renewable energy infrastructure, aiming to deliver 200MW of additional capacity by 2028 to meet rising industrial and data centre demand while advancing its Real Zero by 2030 emissions target.

Sierra Nevada Gold has established a wholly owned Saudi subsidiary, Arabian American Minerals LLC, to spearhead exploration at the As Safra copper-gold project, aligning with Saudi Arabia’s Vision 2030 and preparing for imminent drilling.

Australian Critical Minerals is set to begin its maiden drilling campaign at the Flint gold-silver project in Peru, targeting a 4 km hydrothermal system with promising high-sulphidation epithermal gold-silver potential. Drilling starts March 31, 2026, following extensive geophysical and geological groundwork.