Latest Copper Resources News

Aeris Resources has announced a strategic all-scrip acquisition of Peel Mining, consolidating key copper assets in New South Wales and aiming to extend the Tritton mine life beyond a decade. Peel shareholders will also retain exposure to precious metals exploration through a demerger into a new ASX-listed entity.

Aeris Resources has agreed to acquire Peel Mining in a strategic deal that consolidates key copper assets and extends the Tritton mine life to over 10 years. Peel shareholders will receive Aeris shares plus stakes in a new ASX-listed entity holding Peel’s remaining exploration assets.

Raptor Metals has intersected multiple zones of visible copper mineralisation in the initial two holes of its 2,200m diamond drilling program at the Chester Project, reinforcing confidence in the resource base and setting the stage for further exploration.

Paterson Resources has reported encouraging initial assay results from its Grace Gold-Copper Project, revealing wide zones of shallow gold mineralisation. With Phase II drilling on the horizon, the company aims to upgrade its resource estimate and explore production pathways.

Prospect Resources has announced a significant update to its Mumbezhi Copper Project resource estimate, revealing a 63% increase in copper tonnage and maiden gold and cobalt resources, positioning the project closer to development.

Elementos Limited has doubled the inferred tungsten mineral resource at its Cleveland Tin Project in Tasmania, marking a significant milestone as it advances towards a scoping study later this year.

Rincon Resources has secured drilling approvals for its Hasties gold-copper deposits near Telfer, aiming to expand mineralisation and update its resource estimate by the end of Q1 2026.

Scorpion Minerals has taken a significant step forward with a binding option to acquire the Old Prospect gold tenements and forged strategic partnerships to advance its gold and lithium projects in Western Australia.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

American West Metals has reported a substantial expansion of its Storm Copper Project resources in Canada alongside promising critical metals discoveries at its West Desert Project in Utah, underpinning its strategic growth and US market engagement.

Tartana Minerals has reported promising exploration results at Cardross, supporting resource expansion and plans to scale up copper sulphate production. The company is also advancing a joint venture with Alt Resources to accelerate strategic metals exploration.

West Cobar Metals has kicked off metallurgical testing at its Salazar project targeting rare earth carbonate production and announced a new gallium resource, while gold exploration at Mystique confirms widespread mineralisation.