Latest Copper Hedging News

Hillgrove Resources has secured a new 12-month copper hedge covering 3,600 tonnes at a fixed price of A$20,046 per tonne, balancing fixed-cost protection with upside exposure.

Hillgrove Resources posted a record 3,120 tonnes of copper production in Q1 2026, driving a 22% jump in cash to $25.2 million. The company’s exploration at Emily Star and Nugent underpins ambitions to surpass 2 million tonnes annual throughput.

Evolution Mining (ASX: EVN) ended March 2026 with a net cash position of $42 million and a $1.37 billion cash balance, driven by strong cash flow from high-margin operations and on-track production.

Evolution Mining has reported a stellar December quarter, delivering record cash flow and reaffirming its FY26 production targets with improved cost efficiency. Despite a weather disruption at Ernest Henry, the company’s operations and growth projects remain on track.