Latest Copper Projects News

Prospect Resources is set to increase its ownership in the Mumbezhi Copper Project to 90%, following a US$4.25 million acquisition. The company plans to kick off an ambitious Phase 3 drilling program in early Q2 2026, backed by a recent A$45 million equity raise.

Noronex Limited has received the first A$1.25 million tranche payment from Joint Era Mining following due diligence completion on the Witvlei Copper Project sale, boosting its cash reserves and advancing its strategic focus.

OD6 Metals has secured an exclusive option to acquire the Quinn Fluorspar Project in Nevada, boasting ultra high-grade deposits critical to US supply chains. The move complements its rare earth and copper assets, backed by a $3.4 million capital raise.

Rincon Resources has agreed to sell its Laverton assets to Galleon Metals, receiving shares in return, while preparing to sell or joint venture its West Arunta project as it concentrates on its Telfer South and Crackerbox projects.

Megado Minerals has reported impressive copper and silver assay results from rock chip sampling at its Iberian Copper Project in northern Spain, setting the stage for maiden drilling in Q2 2026.

Freehill Mining has raised $1.5 million through a discounted share placement to fund exploration of copper-gold projects in Chile and expand its processing capacity.

Megado Minerals has secured a five-year option to acquire an 80% stake in the Alpartir Silver-Copper-Antimony Project in Spain, tapping into a historically rich and high-grade vein system with significant exploration potential.

Noronex Limited has launched a detailed ground gravity survey over its Cgae Cgae Copper-Silver Project in Botswana, following a recent scout drilling campaign. This marks a key step in refining exploration targets beneath the Kalahari cover.

Rincon Resources has successfully raised $3.1 million to fund an expanded drilling campaign at its promising Telfer South Gold-Copper Project, following the discovery of a significantly larger mineralised zone at the Hasties Prospect.

Strata Investment Holdings plc reported a striking £6.16 million comprehensive profit for 2025, propelled by robust investment portfolio returns and a significant revaluation uplift in its copper royalty assets. Despite operational delays from adverse weather, the company’s strategic focus on high-conviction resource investments and royalties positions it well amid evolving commodity markets.

Rincon Resources has uncovered a significantly larger gold-copper mineralised zone at its Telfer South project, extending the known strike to over 1km with exceptional historic grades. This discovery sets the stage for a major drilling campaign aimed at expanding the resource base.

Caravel Minerals confirms its Definitive Feasibility Study for the Caravel Copper Project remains on track for mid-2026, while regulatory water investigations push the Final Investment Decision to late 2027. Meanwhile, strategic talks with Adani advance steadily.