Latest Copper Production News

29Metals Limited's June Quarter 2025 report highlights steady production at Golden Grove with revised capital guidance, while Capricorn Copper remains suspended but progresses on key environmental and regulatory fronts.

29Metals Limited reported a stronger June quarter with increased copper production at Golden Grove, offset by higher costs and deferred capital spending on the Gossan Valley project. The company also secured a final $54 million insurance payout and improved liquidity despite ongoing operational challenges at Capricorn Copper.

Evolution Mining has delivered record cash flow for FY25, meeting its original production and cost guidance amid high metal prices, while setting a confident outlook for FY26 with continued strong cash generation expected.

Rio Tinto reports a robust 13% year-on-year increase in copper equivalent production for Q2 2025, alongside record bauxite output and progress on key projects like Simandou and Oyu Tolgoi. The company maintains its 2025 guidance, signaling confidence in its diversified growth strategy.

Revolver Resources has completed critical engineering designs and secured over A$1 million in government grants and royalties, setting the stage for a targeted restart of copper production at its Dianne Copper Mine in late 2025.

Aeris Resources reported FY25 production results with copper equivalent output within guidance, though copper production lagged due to operational delays. Strong gold performance at Cracow helped offset shortfalls, while record milling rates at Tritton signal potential for FY26.

Kingston Resources has received the first $50 million payment from the sale of its Misima Gold Project, bolstering its balance sheet and enabling a strategic pivot towards expanding its Australian copper operations.

Coda Minerals has submitted the Draft Scoping Report for its Elizabeth Creek Copper-Cobalt Project, marking a pivotal step in securing mining lease approvals in South Australia. This milestone reduces regulatory uncertainty and sets a clear path toward project development.

QMines Limited has announced a 16% increase in the gold resource at its Mount Mackenzie project, now totaling 151,000 ounces of gold and 902,000 ounces of silver. This upgrade strengthens the company’s regional production strategy and highlights potential for further resource growth.

Alkane Resources reports promising drilling outcomes at its Northern Molong Porphyry Project, highlighting extensions of gold-copper mineralisation at Boda-Kaiser and Driell Creek. The company outlines a robust exploration program with further geophysical surveys and drilling planned.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

Golden Mile Resources has reported outstanding high-grade gold assays up to 29.3 g/t from its Aurora Gold Prospect within the Pearl Copper Project in Arizona, reinforcing the site's exploration potential.