Latest Copper News

Antilles Gold has officially commenced construction on its Nueva Sabana copper-gold mine in Cuba, backed by a $35 million funding package and a $29.5 million EPC contract with Shandong Xinhai Mining. Initial gold production is targeted for early 2027, promising strong financial returns.

Midas Minerals has reported a significant new high-grade copper and silver find at its Spaatzu Prospect within Namibia’s Otavi Copper Project, marking a promising expansion near the established T-13 deposit.

Legacy Minerals has initiated a 2,000-metre diamond drilling program at the Mascotte Silver-Gold Prospect, aiming to grow its substantial 115Moz silver-equivalent resource at Mt Carrington. This move follows promising historical data and recent rock chip assays confirming high-grade gold and silver mineralisation.

Litchfield Minerals has revealed compelling ground electromagnetic survey results at its Oonagalabi Project, defining multiple high-conductance sulphide targets and a significant carbonate unit, setting the stage for an ambitious 2026 exploration campaign.

Coda Minerals has resumed its extensive diamond drilling program at the Elizabeth Creek Copper-Silver Project, progressing towards a pivotal Pre-Feasibility Study with strong commodity price tailwinds. Approximately 70% of drilling is complete, setting the stage for updated resource estimates and enhanced project economics.

Augustus Minerals has secured heritage approval for drilling at its Music Well Gold Project, paving the way for a maiden 1,000-metre drilling campaign targeting the promising Clifton East prospect in early 2026.

Koonenberry Gold’s recent wide spaced RC drilling at the Hand in Hand Prospect confirms a 2km mineralised gold trend within the Enmore Gold Project, NSW, setting the stage for a major diamond drilling campaign to explore deeper high-grade targets.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Revolver Resources has unveiled a compelling recommencement study for its Dianne Copper Mine in Queensland, forecasting over $125 million in pre-tax free cashflow from a four-year operation producing 14,330 tonnes of high-grade copper cathode.

S2 Resources has secured an earn-in agreement for up to 75% of the Loch Lilly-Kars project, a vast and largely unexplored multi-commodity exploration area in New South Wales with geological parallels to world-class mineral belts.

Capstone Copper Corp. has been hit by a strike at its Mantoverde mine in Chile, with Union #2 representing 22% of the workforce initiating industrial action that could reduce production by up to 30%. The company is committed to resolving the dispute through dialogue while maintaining safe operations.

Celsius Resources has appointed Grant Samuel as financial adviser to finalise funding for its Maalinao-Caigutan-Biyog copper-gold project in the Philippines, signalling strong international interest and a critical phase ahead.