Latest Copper And Zinc News

Cosmo Metals has contracted Durock Drilling for up to 2,200 metres of maiden reverse-circulation drilling at the Mona prospect in New South Wales. The campaign will test whether exceptional copper, gold and silver grades from historic mine dumps reflect mineralisation continuing beneath the old workings.

Capstone Copper will sell its Cozamin copper-silver-zinc-lead mine in Mexico to Luca Mining for up to US$385 million, including US$275 million in upfront cash. The proposed divestment is designed to strengthen Capstone’s balance sheet and redirect capital towards its growth pipeline.

QMines is spending $2.388 million on two freehold properties that remove a key access constraint over the Botos deposit near Mt Chalmers. The acquisition clears the way for modern drilling, but the deposit remains an untested conceptual opportunity rather than a defined resource.

Sultan Resources has applied for a 171.2km² copper-gold exploration licence in Namibia’s Central Damara Orogen, a region with established gold deposits and growing copper interest. The opportunity would add a sizeable new landholding without issuing consideration shares, although the licence remains subject to grant and has produced no company exploration results yet.

Alvo Minerals has identified a high-conductance off-hole conductor and multiple untested targets at its Touro copper-zinc prospect in Brazil. An environmental licence now allows Phase 2 drilling across roughly 500 metres of previously inaccessible strike.

Raptor Metals has identified two conductive systems across its Chester copper project, including the strongest off-hole response recorded near a high-grade drill intersection. The results give the company specific targets for follow-up drilling, but the conductors remain exploration targets rather than a resource estimate.

GreenTech Metals has returned its strongest multi-metre copper result to date at the Ayshia deposit, with gold, silver and zinc credits included. The intersection sits approximately 65 metres beyond the existing resource envelope, although its true width remains unconfirmed.

Exultant Mining has reported its first consolidated annual results since listing, recording a $1.526 million loss and holding $3.50 million in cash at 30 June 2026. Exploration has advanced across Black Hammer and Peak View, but the company remains dependent on future funding and assay results to justify its portfolio.

Tivan Limited’s latest bulk assays from Timor-Leste confirm high-grade copper and gold mineralisation, sharpening focus on the Vemasse and Scorpion prospects for drilling later this year.

Anax Metals is upgrading its Whim Creek Heap Leach Scoping Study to a Feasibility Study, aiming to unlock additional value from low-grade copper and zinc ores alongside its strong concentrator project.

Zinc of Ireland’s ARGO hydrometallurgical process achieves near-complete recovery of silver, lead, and copper from zinc leach residues, fast-tracking pilot plant plans for early 2027.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.