Latest Copper Projects News

Taruga Minerals has entered a 12-month option to acquire two advanced gold and copper projects in Papua New Guinea, backed by a $1.5 million capital raise to fund exploration and resource development.

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.

Fortescue Ltd has announced a binding agreement to acquire the remaining 64% of Alta Copper, gaining full control of the Cañariaco Copper Project in Peru. The deal values Alta Copper at C$139 million and aligns with Fortescue’s expanding copper strategy.

New Frontier Minerals is wrapping up its first reverse circulation drilling at Harts Range, with samples now en route for assay analysis. Meanwhile, progress at the Big One Deposit mining lease signals advancing copper ambitions.

Medallion Metals has completed a Feasibility Study for its Ravensthorpe Gold Project, confirming robust economics and a clear pathway to near-term gold and copper production leveraging existing infrastructure in Western Australia.

Askari Metals advances its flagship Nejo Project in Ethiopia with strong government backing and a planned maiden drilling campaign targeting high-grade gold zones. The company is well funded and poised for a busy 2026 exploration season.

GreenX Metals has finalized its acquisition of a 90% stake in the Tannenberg Copper Project in Germany, expanding the licence area dramatically and aligning with growing European strategic priorities for critical minerals.

Capella Minerals has commenced its first diamond drilling program at the Killerö gold-copper project in northern Finland, marking a significant step forward in Cullen Resources’ Northern Finland joint venture. The initial drilling aims to test high-potential anomalies within the Central Lapland Greenstone Belt.

Patriot Resources has successfully raised $4.25 million through an oversubscribed share placement to fund its acquisition of the Tassa Silver Gold Deposit in Peru and further exploration projects.

GreenTech Metals has agreed to acquire up to 80% of the high-grade Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia, consolidating a significant land package and planning a drilling campaign to upgrade the resource by early 2026.

Norfolk Metals has released promising initial assay results from its maiden drilling campaign at the Carmen Copper Project in Chile, confirming both shallow copper oxide and deeper sulphide mineralisation. These findings reinforce the project's potential for a JORC-compliant resource and set the stage for further exploration.

Alma Metals has completed its 2025 drilling program at the Briggs Copper Project, confirming strong visual copper mineralisation consistent with its geological model and setting the stage for a prefeasibility study. Assay results are expected early 2026, with further drilling planned to refine the resource.