Latest Copper Projects News

American West Metals is progressing its Storm Copper Project towards near-term production while expanding critical metals resources at West Desert, supported by a US$40 million financing and offtake deal.

Sunstone Metals reported strong exploration progress in the June 2026 quarter at its Bramaderos and El Palmar gold-copper projects in Ecuador, highlighted by consistent long mineralised intersections and a $10 million capital raise.

Lux Copper has completed its first-ever geophysical survey at the Baird Copper Project in Alaska and is mobilizing two diamond drill rigs ahead of a maiden drilling campaign set for mid-August 2026.

Prospect Resources has boosted its Mumbezhi Copper Project resource by 20%, notably doubling gold content, while commencing an extensive Phase 3 drilling program aimed at further expansion and upgrading.

Alkane Resources has expanded its Storheden gold resource near the Björkdal mine in Sweden, adding Indicated Resources and increasing contained gold by 26%. Recent drilling revealed high-grade veins along a 2.7 km strike, with mineralisation still open in multiple directions.

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.

Vantage Metals (ASX: VAN) has kicked off drilling at its Kalahari Copper Project in Botswana following a comprehensive airborne electromagnetic survey, while high-grade polymetallic assays emerge from its Argentine TMT Project. The company also raised A$6 million from strategic investors and rebranded from BRX to VAN.

Encounter Resources has lifted its Aileron niobium resource by over half, hitting 120 million tonnes with robust metallurgical results, while advancing copper-gold drilling in WA and the NT.

Taruga Minerals secured key exploration licences at its Weioko Gold Deposit in Papua New Guinea, paving the way for the first drilling since 2009. Concurrently, the company formalised land access at Kol Mountain and identified multiple high-priority copper-gold targets as field programs ramp up.

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.

White Cliff Minerals has delivered a standout 50.9m intercept at 2.81% copper in its first diamond drill hole at Danvers 1, validating its geological model and setting the stage for targeted step-out drilling to expand the Rae Copper Project’s footprint.

True North Copper’s latest diamond drilling at Mt Oxide validates the Aquila discovery as a broad, continuous copper-cobalt-silver system with well-defined higher-grade zones, extending mineralisation over 1.8km strike and reinforcing its standalone development potential.