Latest Copper Zinc News

Australian Critical Minerals has emerged from a transformational year with six new Peruvian projects and early Flint drilling pointing towards a possible concealed porphyry system. But the annual report also flags a material uncertainty over going concern, with further funding required to sustain exploration.

Antares Metals delivered its busiest exploration year yet, reporting high-grade copper, uranium and gold results across Queensland and Western Australia. But the explorer ended FY2026 with just $581,438 in cash, while its auditor flagged a material uncertainty over its ability to continue as a going concern.

Heavy Rare Earths has identified high-grade heavy rare earth zones at Subron while preparing drilling across its South Australian portfolio. But the FY2026 report also highlights a material uncertainty over the company’s ability to continue as a going concern, with only $459,327 in cash at year-end.

Rubix Resources ended FY2026 with a $1.283 million loss, only $95,001 in cash and a net asset deficit, prompting its auditor to flag a material uncertainty over going concern. The company’s Paperbark drilling produced an encouraging copper signal, but further exploration depends on fresh funding.

Develop Global has issued its first full-year production, operating cost and capital guidance, pairing steady Woodlawn output with the planned start of Pioneer Dome lithium sales. The growth comes with a substantial A$411 million to A$458 million investment program, while Yitirrti remains a construction story until FY28.

Litchfield Minerals has expanded its Harts Range exploration model, raised A$8 million and ended FY2026 with A$4.6 million in cash. The opportunity is growing, but the auditor flagged material uncertainty over the company’s ability to fund future operations.

Nimy Resources has paired a maiden gallium resource and encouraging metallurgical recoveries with a sharp warning about funding pressure and an unresolved Lind legal dispute. The explorer ended FY2026 with $3.92 million in cash, but a $4.76 million Lind liability and an auditor-flagged going-concern uncertainty remain central risks.

CZR Resources has converted the A$75 million Robe Mesa sale into a debt-free exploration war chest, while Croydon drilling expands its flagship gold target. The next test is whether exploration momentum and the proposed Zuleika takeover can create value beyond the one-off transaction gain.

Manhattan Gold has extended the search footprint at its Jaws target in Nunavut after a 275-metre step-out returned 21.34 metres at 1.72g/t gold. The result takes drill-tested strike to 1.25km, although the company says true widths remain unknown and the work is still exploration-stage.

Anax Metals has reported broad, high-grade copper-equivalent intersections at Mons Cupri, including 85.90 metres at 2.89% CuEq. The results support the existing resource model and early mining sequence as Anax works towards financing, FEED completion and a potential Final Investment Decision.

GreenTech Metals has turned a year of drilling, acquisitions and capital raising into a much larger West Pilbara exploration portfolio. The opportunity is growing, but the annual report also flags a material uncertainty over future funding as the company pursues Munni Munni and Whundo.

Advance Metals has recorded its strongest silver assay yet at the Gavilanes Project in Mexico, with drilling also returning the project’s highest-grade zinc-lead interval. The mineralised system remains open at depth and to the southwest, while metallurgical work and further drilling target a maiden JORC resource in the December quarter of 2026.