Latest Copper Development News

Hot Chili Limited advances its Costa Fuego copper-gold project with a significant new porphyry discovery at La Verde, delivering strong drill results and robust financial metrics from its Preliminary Feasibility Study. The company also secures strategic water and power infrastructure, positioning itself as a leading independent copper developer.

Austral Resources has executed binding agreements to acquire the Lady Loretta mine from Glencore and plans to repay its Rocklands Facility debt, positioning itself as a debt-free copper producer with enhanced financial flexibility.

Cyprium Metals has completed the first tranche of a A$36 million placement, positioning itself to fast-track exploration and production growth at its Nifty Copper Complex in Western Australia.

True North Copper reports significant drilling success at Mt Oxide’s Aquila Prospect and advances its Cloncurry Copper Project with a new scoping study, backed by a $12.5 million capital raise to fund 2026 growth.

New Frontier Minerals has completed its maiden drilling campaign at Harts Range and secured a binding commercial framework with Metallium Ltd, unlocking a novel processing pathway for heavy rare earth elements. Meanwhile, progress at its NWQ Copper Project and a successful capital raise position the company for growth.

Aurelia Metals announces Managing Director Bryan Quinn will resign by July 2026, with a leadership search underway amid key project developments.

Antipa Minerals has reported a significant resource upgrade and strong drilling results at its Minyari Dome project, advancing its pre-feasibility study towards a mid-2028 investment decision.

Alma Metals has unveiled its most extensive and highest-grade copper intersections yet at the Briggs Copper Project, reinforcing confidence in resource expansion and advancing its prefeasibility study plans.

New Frontier Minerals has moved its Mining Lease Application for the Big One Copper Deposit into the technical assessment phase, marking a key step toward near-term development amid a strong copper market.

Medallion Metals has raised $60 million through a placement and share purchase plan to advance its integrated gold-copper development strategy, targeting first production in early 2027.

Medallion Metals has completed a Feasibility Study for its Ravensthorpe Gold Project, confirming robust economics and a clear pathway to near-term gold and copper production leveraging existing infrastructure in Western Australia.

Larvotto Resources has secured an exclusive option to acquire the historically mined Blockade Mine in Mt Isa, Queensland, with plans for a targeted drilling program to validate and expand known copper mineralisation. This move could pivot Larvotto’s Mt Isa project from exploration to development.