Latest Copper Mining News

Orion Minerals has completed the conversion of a ZAR344.5 million loan from South Africa’s IDC into equity, giving IDC a 23.8% stake in the Prieska Project subsidiary and removing secured lending constraints.

AusQuest has reported significant near-surface copper-gold mineralisation from its latest RC drilling at the Cangallo project in Peru, setting the stage for a substantial diamond drilling campaign targeting deeper, higher-grade zones.

Lodestar Minerals has locked in $4.7 million through a private placement and director subscription to push forward drilling and surveys across Chile, the USA, and Western Australia.

Hillgrove Resources detailed its 2026 growth strategy at the AGM, highlighting a copper production increase, exploration advances, and a farm-in deal at Mutooroo to leverage existing infrastructure amid a tightening global copper market.

Greatland Resources has clinched both state and federal environmental approvals for its Havieron gold-copper project, paving the way for a Final Investment Decision targeted in June 2026 and advancing construction activities.

Revolver Resources has secured critical contracts and completed infrastructure upgrades at its Dianne Copper Mine Project, moving closer to a Final Investment Decision and first copper output within a year.

Blaze Minerals has uncovered significant copper, lead, and zinc mineralisation at its newly named Krokodil Prospect within the Dinokwe Project, setting the stage for trenching and potential drilling in Botswana’s Limpopo Mobile Belt.

Hillgrove Resources has secured the right to earn an 80% stake in the Mutooroo Copper Project through a farm-in deal with Havilah Resources, leveraging its Kanmantoo processing plant to potentially boost copper output with lower capital risk.

Orion Minerals has delivered a standout high-grade copper intercept at its Flat Mine East prospect, reinforcing the Okiep Copper Project's substantial growth prospects and ongoing resource optimisation plans.

Boab Metals is set to complete its A$10 million acquisition of Sandfire's DeGrussa Processing Plant, a move that de-risks and accelerates the Sorby Hills Silver Lead Project’s timeline towards production in H2 2027.

Hillgrove Resources reports underground drilling at Kavanagh surpassing 2025 resource grades, pushing mineralisation deeper and wider, while securing new tenements to boost regional copper exploration.

Prospect Resources has kicked off an extensive Phase 3 drilling program at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its copper resources with a 26,000-metre campaign supported by geophysical surveys and metallurgical studies.