Latest Copper And Critical Minerals News

Encounter Resources’ recent drilling at the Haddon prospect reveals a substantial copper anomaly with strong silver mineralisation, setting the stage for deeper exploration in 2026.

Askari Metals advances its flagship Nejo Project in Ethiopia with strong government backing and a planned maiden drilling campaign targeting high-grade gold zones. The company is well funded and poised for a busy 2026 exploration season.

Lightning Minerals has raised A$2.5 million to fund an aggressive Phase 2 drilling program at its Mt Turner Gold Project, following promising Phase 1 results that revealed significant gold mineralisation along a 12km strike.

Diablo Resources has initiated maiden drilling at its Fair Dinkum copper prospect in Utah, capitalizing on the U.S. government's recent elevation of copper to critical mineral status and increased federal support for domestic supply chains.

Lycopodium Limited projects steady growth for FY26 with revenue guidance of $390-$410 million, underpinned by strong project momentum and the strategic SAXUM acquisition expanding its footprint in the Americas.

Tali Resources has advanced its exploration in the underexplored West Arunta region, focusing on copper and critical minerals, with key drilling results expected in December 2025. The company’s significant landholding and strong local partnerships position it well in Australia’s emerging mineral province.

Encounter Resources has completed the first tranche of its $25 million share placement, raising approximately $24.5 million to advance its mineral exploration projects. The second tranche, involving shares to a company director, awaits shareholder approval.

Litchfield Minerals reports a significantly larger and more complex VT1 conductor at its Oonagalabi Project, with a high-resolution Ground EM survey planned to refine drilling targets. Surface assays reveal anomalous palladium and nickel, hinting at a fertile magmatic-hydrothermal system.

Coppermoly Limited reported ongoing exploration activities in Queensland's Mt Isa region with mixed drilling results, while securing a strategic acquisition in Western Australia targeting critical minerals. The company faces a cash outflow of $701,000 but plans further geophysical surveys to refine drilling targets.

GreenX Metals has revealed a substantial historical copper estimate at its Tannenberg project in Germany, alongside promising antimony-gold findings in Greenland and a major arbitration award against Poland.

Nexus Minerals has reported significant new high-grade gold discoveries at its Wallbrook Gold Project, alongside progress in permitting its Crusader-Templar deposit for mining operations.

Aruma Resources has locked in $3.515 million through a placement to fund targeted exploration across its copper, heavy mineral sands, and uranium projects in Australia. The capital raise, supported by directors and new investors, aims to advance drilling and sampling programs at key sites.