Latest Copper Production News

Orion Minerals advances its Definitive Feasibility Studies for the Flat Mines and Prieska Copper Zinc projects, with independent reviews underway and production targeted for 2026.

Carnaby Resources has significantly expanded its Greater Duchess Copper Gold Project through the acquisition of the high-grade Trekelano deposit, increasing its Mineral Resource Estimate by 27% and securing a key processing partnership with Glencore.

QMines Limited has completed a significant drilling campaign at its newly acquired Develin Creek copper project, delivering promising assay results that reinforce the project's potential to expand the Mt Chalmers mine plan.

Caravel Minerals has secured a crucial water licence agreement and progressed its feasibility study, alongside raising $5 million to support the Caravel Copper Project's development in Western Australia.

Cyprium Metals has secured $13.5 million in a two-tranche placement and released a robust prefeasibility study for its Nifty Copper Complex, confirming strong economic viability with a pre-tax NPV of $1.12 billion. The company is also reviewing its Murchison assets and selling surplus equipment to streamline operations.

Sandfire Resources reported a 5% increase in copper equivalent production for H1 FY25, alongside a reduction in injury rates and operating costs at its Motheo operation. The company secured key approvals for a new tailings facility at MATSA, underpinning long-term growth.

Revolver Resources has locked in A$500,000 through a 1% gross revenue royalty agreement on its Dianne Copper Mine Project, providing crucial non-dilutive funding as it advances toward production.

Austral Resources Australia Ltd reports steady operational progress and promising resource developments in its December 2024 quarter, while navigating an ongoing recapitalisation and leadership transition.

29Metals Limited delivered a robust December Quarter 2024 update, marked by significant operational progress including high-grade copper discoveries at Europa and a successful debt refinancing that strengthens its financial footing.

MAC Copper Limited delivered a record quarterly copper production of 11,320 tonnes in Q4 2024, alongside a 12% reduction in cash costs to US$1.66/lb, setting the stage for ambitious growth targets by 2026.

29Metals delivered a solid December 2024 quarter, meeting production and cost targets while strengthening its balance sheet through a $180 million equity raising and senior debt refinancing. The company is poised to extend its Golden Grove mine life with the Gossan Valley investment.

AIC Mines delivered a robust December quarter with record copper production at Eloise and promising exploration results at Jericho, underpinning its growth strategy.