Latest Copper Mining News

Cobre Limited’s Sierra Atacama project delivers first consecutive positive operating cash flow months, while a major drilling program and $90 million capital raise set the stage for growth.

Exultant Mining has kicked off its first drilling campaign at the Balerion Prospect in NSW, intersecting promising sulphide mineralisation while expanding tenure at Black Hammer with the Swatchfield licence grant.

ACDC Metals has pinpointed several promising drill targets at its Mount Jackson gold-silver project in Nevada following an aeromagnetic survey, setting the stage for maiden drilling in late 2026.

AIC Mines is set for a leadership transition with Clint Donkin appointed Managing Director from October 2026, while Aaron Colleran moves to Non-Executive Chairman, aiming to bolster operational focus during the company’s growth phase.

Hillgrove Resources boosted copper production and cash flow in the June quarter, hitting a 1.8Mtpa run rate at Kanmantoo and securing approval for the Emily Star underground development.

AIC Mines projects copper production growth to 18,500 tonnes in FY27, driven by Jericho mine's commercial start and accelerated Eloise plant expansion.

Cyprium Metals is on the cusp of restarting copper cathode production at its Nifty Copper Complex, targeting the September quarter 2026 for first output as key infrastructure nears completion. Meanwhile, the company advances growth strategies including a potential SXEW plant capacity expansion and exploration of oxide ores.

True North Copper is advancing its Mt Oxide Project with a strategic focus on expanding the Aquila copper-cobalt-silver discovery and developing the high-grade Vero resource, aiming to emulate the scale of the nearby Capricorn Copper mine.

Alara Resources has launched a pro-rata non-renounceable entitlement offer to raise approximately AUD 3.84 million, aiming to support ongoing exploration at its Oman copper projects and general working capital.

BHP delivered record iron ore volumes and stable copper production of around 2 million tonnes in FY26, underpinned by disciplined cost control and a robust growth pipeline including the Ministers North project.

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Cobre Limited has secured A$90 million through a two-tranche placement to boost production and exploration at its Sierra Atacama copper mine while strengthening its balance sheet.