Latest Copper Zinc News

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Golden Deeps Ltd has intersected strongly mineralised copper-zinc zones below high-grade gossans at its Graceland Prospect in Namibia, revealing promising ‘Tsumeb-type’ sulphide targets. New geophysical surveys have identified multiple chargeability anomalies, setting the stage for deeper drilling campaigns.

Orion Minerals has locked in a US$250 million prepayment facility with Glencore to fund key developments at its Prieska Copper Zinc Project, marking a pivotal step toward production in South Africa.

Olympio Metals has confirmed promising high-grade gold soil anomalies at its Bousquet Gold Project in Quebec, highlighting a new priority target and preparing to resume drilling following significant historical intercepts.

A single exploration name blew the doors off the leaderboard, while two well-known uranium plays and a Nevada explorer sank hard. Behind the noise: deals got closer to completion, big raisings reset prices, and several “good news” gaps didn’t survive the week.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Anax Metals is set to release an updated feasibility study for its Whim Creek project, reflecting soaring commodity prices and progressing funding talks to push the project into development.

Sky Metals has expanded the known mineralised strike at its Doradilla Tin Project to over 10 kilometres, revealing high-grade tin-polymetallic results that significantly surpass previous targets and set the stage for a major drilling campaign.

Litchfield Minerals has confirmed thick, continuous copper and zinc mineralisation at its Oonagalabi Project, with standout drill results reinforcing the system's scale and potential. The company plans further drilling and geophysical work to target higher-grade zones and expand the mineralised footprint.

Orion Minerals has been selected for the prestigious 2026 BHP Xplor accelerator program, receiving US$500,000 in equity-free funding and access to BHP’s global expertise to advance its South African exploration projects.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.