Latest Copper Production News

29Metals reported a strong December quarter with increased copper and zinc production at Golden Grove, cost efficiencies, and steady progress on key projects, while Capricorn Copper remains suspended pending regulatory approvals.

BHP has reported a robust operational half-year, setting new production records and raising its copper output forecast for FY26 amid strong commodity prices.

Sarytogan Graphite Limited has revealed a significant copper anomaly at its Baynazar project in Kazakhstan, outlining a 600-metre-wide zone with up to 0.5% copper. The company plans deeper drilling to explore this promising copper porphyry system, pending funding.

Cyprium Metals has secured $80 million in funding and advanced key infrastructure works to restart copper production at its Nifty Copper Complex, targeting first cathode output by mid-2026.

Austral Resources Australia Ltd has agreed to acquire the Lady Loretta mine from Glencore for A$45.5 million, consolidating its copper assets near the Lady Annie Copper Mine and boosting its processing feedstock. This strategic move strengthens Austral’s balance sheet and advances its vision to become a mid-tier copper producer in Queensland.

Norfolk Metals has completed Phase #1 of its maiden drilling campaign at the Carmen Copper Project in Chile, confirming significant higher-grade copper sulphide mineralisation open at depth. The company also secured firm commitments for a $2.1 million placement to fund ongoing exploration.

Capstone Copper Corp. has been hit by a strike at its Mantoverde mine in Chile, with Union #2 representing 22% of the workforce initiating industrial action that could reduce production by up to 30%. The company is committed to resolving the dispute through dialogue while maintaining safe operations.

Greatland Resources has reported a robust December quarter with gold and copper production rising alongside a significant cash increase, all while maintaining a debt-free balance sheet.

Austral Resources Australia Ltd has defied extreme wet-season weather in NW Queensland to deliver copper production above budget and guidance in Q4 2025, showcasing operational resilience and strong risk management.

Develop Global Limited has landed a significant A$200 million contract to build underground access tunnels at OceanaGold’s Waihi North Project in New Zealand, marking a major milestone for its mining services division.

Austral Resources has defined multiple high-grade copper-gold exploration targets near its Rocklands processing facility, setting the stage for a sequenced, low-capex growth strategy with drilling planned from late 2026.

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.