Latest Copper Resources News

Aeris Resources has reported a robust half-year performance with a 62% jump in profit, a successful $101.6 million equity raise, and a strategic divestment of North Queensland assets. The company also announced plans to acquire Peel Mining’s South Cobar Copper Project, signaling an aggressive growth trajectory.

Metal Bank Limited has intersected thick, high-grade near-surface graphite adjacent to its Millennium copper-cobalt-gold resource in northwest Queensland, potentially adding a valuable critical mineral to the project.

Sunstone Metals has initiated a significant 5000m diamond drilling campaign at its Bramaderos project in Ecuador, targeting growth of the existing 3.6 million ounce gold-equivalent resource. Early trenching results at the Porotillo porphyry system bolster the potential for substantial resource expansion.

Javelin Minerals has identified multiple promising gold and copper exploration targets at its Coogee Gold Project in Western Australia, setting the stage for an extensive drilling campaign in 2026. The discoveries build on historical data and new geophysical surveys, highlighting significant potential near existing resources.

Alma Metals has revealed a robust 2 million tonne copper resource at its Briggs Project in Central Queensland, setting the stage for a major drilling campaign and pre-feasibility study amid a tightening global copper market.

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.

True North Copper has increased its Cloncurry Copper Project mineral resources by 7% in copper and 9% in gold, underpinning ongoing feasibility studies and future drilling plans.

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.