Latest Copper Production News

Moonlight Resources has kicked off its first reverse circulation drilling campaign at Peak Downs in central Queensland, aiming to validate historic high-grade copper mineralisation and unlock the potential of a largely underexplored system.

Larvotto Resources has kicked off processing at Hillgrove's Metz mine while securing the Blockade Copper Mine and moving to acquire Hammer Metals, broadening its critical minerals portfolio.

Austral Resources reported a standout high-grade copper-gold discovery at Snow Queen, secured a new SAG mill for Rocklands upgrades, and gained full ownership of Anthill copper production following agreement termination.

KGL Resources has secured comprehensive funding for its Jervois Copper-Silver-Gold Project, combining a US$300 million streaming deal and a A$300 million equity raise, positioning the project for construction start in Q3 2026 and first copper output in 2028.

Capstone Copper delivered a seventh consecutive quarter of record adjusted EBITDA at $354 million, driven by higher copper prices and strong sulphide production at Mantoverde. The company reaffirmed its 2026 guidance and progressed major expansions including Mantoverde Optimized and Pyrite Augmentation projects.

Revolver Resources has completed critical design and infrastructure upgrades at its Dianne Copper Mine Project, edging closer to a Final Investment Decision and first copper production within a year.

Aeris Resources delivered a standout FY26 with a 78% EBITDA surge to $285 million, boosted by strong copper and gold production and a major expansion of its Tritton Ore Reserves. The company also completed its Peel Mining acquisition and kicked off early works at the Constellation Project.

Greatland Resources (ASX:GGP) exceeded its FY26 production and cost guidance, delivering 329koz of gold at a $2,179/oz AISC and bolstering cash to $1.29 billion. The company advanced key growth projects at Havieron and Telfer, including a major reserve upgrade and promising drilling results at Pinnacles.

Austral Resources has terminated its Anthill Project Agreement with Glencore and Secover, settling obligations with a $52 million mix of cash and shares. This move grants Austral full control over its copper output at Mt Kelly, boosting earnings and cash flow while maintaining funding through Rocklands’ mid-2027 restart.

Evolution Mining (ASX: EVN) is set to acquire Carnaby Resources (ASX: CNB) in a $213 million deal that expands its copper production pipeline near Ernest Henry, leveraging existing infrastructure and latent mill capacity.

Patriot Resources has extended its copper exploration corridor in Zambia by 5.5km, identifying two new high-priority IOCG-style targets that could signal a multi-centre mineralised system.

Sandfire Resources capped FY26 with a 38% jump in quarterly copper equivalent output, record financials, and a strong FY27 production outlook.