Latest Copper Mining News

Capstone Copper forecasts steady 2026 copper output with a $495 million capital expenditure plan focused on key growth projects and exploration in Chile.

Medallion Metals has secured a US$50 million loan and a copper-gold concentrate offtake agreement with Trafigura, enabling the Final Investment Decision for the Ravensthorpe Gold Project. Development is set to begin pending completion of the Forrestania acquisition.

Emu NL has reversed its previous decision to terminate Doug Grewar, reinstating him as CEO and Managing Director with a new contract focused on advancing the Yataga Copper Project.

Lithium Energy Limited is set to begin a 2,700-metre drilling campaign at its Sandy Creek Gold-Copper Prospect following rock chip samples revealing significant copper, gold, and silver grades. This marks a key step in exploring the Capricorn Gold-Copper Belt Project near the historic Mt Morgan mine.

Cobre Limited has secured A$60 million to acquire a majority stake in the Sierra Atacama Copper Project in Chile, positioning itself as a significant copper producer with strong expansion potential.

Aeris Resources has agreed to acquire Peel Mining in a strategic deal that consolidates key copper assets and extends the Tritton mine life to over 10 years. Peel shareholders will receive Aeris shares plus stakes in a new ASX-listed entity holding Peel’s remaining exploration assets.

LinQ Minerals has reported a major shallow gold and copper discovery 160 metres south of its Gidginbung open pit, revealing thicker and higher-grade mineralisation than previously expected. This breakthrough could significantly expand the resource potential of the Gilmore Project in New South Wales.

Diablo Resources has secured a geophysical contractor to commence an induced polarisation survey at its high-priority Star Range Silver-Antimony Project, while maiden drilling at the Phoenix Copper Project confirms encouraging copper mineralisation.

AusQuest Limited has significantly expanded the copper mineralisation at its Cangallo Project in Peru, extending the porphyry system to over 1,500 metres with promising assay results. Further drilling is planned to explore depth and lateral extensions, highlighting the project's growing potential.

Evolution Mining has approved nearly $800 million in capital investments across key projects, aiming to boost production and returns significantly. The company also expands its exploration footprint in Canada, signaling a robust growth strategy.

Paterson Resources has reported encouraging initial assay results from its Grace Gold-Copper Project, revealing wide zones of shallow gold mineralisation. With Phase II drilling on the horizon, the company aims to upgrade its resource estimate and explore production pathways.

Orion Minerals has locked in a US$250 million prepayment facility with Glencore to fund key developments at its Prieska Copper Zinc Project, marking a pivotal step toward production in South Africa.