Latest Copper News

AIC Mines has secured $55 million through a well-supported placement to fund major expansions at its Eloise mine and the development of the Jericho copper project, backed by strategic investor Hawke’s Point.

American West Metals has completed a A$14 million funding round, including a share purchase plan, to accelerate exploration and feasibility studies at its Storm Project. The company is now fully funded to pursue drilling programs targeting copper resources and new discoveries.

Omnia Metals Group has initiated a focused 1,000m reverse circulation drilling campaign at its Salt Creek Project near Kalgoorlie, aiming to unlock high-priority gold targets identified through advanced geophysical analysis.

Koonenberry Gold Limited has revealed a significant 1.6km strike extension to its Sunnyside gold system at the Enmore Gold Project, highlighted by strong surface assay results including high-grade rock chips. The discovery expands the potential strike length to over 2km, setting the stage for an extensive drilling campaign.

Polymetals Resources has completed a major refurbishment of its Endeavor processing plant and begun producing saleable silver-lead and zinc concentrates, marking a key milestone in its operational ramp-up.

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Aguia Resources has updated its NI 43-101 report on the Atocha Project in Colombia, revealing impressive historic gold and silver grades and announcing imminent surface exploration to unlock further potential.

Austin Metals has reported promising drilling results from its Austin and Ashburton Projects in Western Australia, revealing high-grade gold mineralisation and a significant copper-gold system with new structural discoveries.

New World Resources has increased its scheme offer to 5.5 cents per share, while rival Kinterra proposes a higher 5.7 cents off-market takeover bid. The board is reviewing the competing offers amid uncertainty over the final outcome.

Pivotal Metals has expanded its exploration footprint at the Lorraine property in Quebec with a high-resolution magnetic survey, revealing new structural targets and potential mineralised intrusions. This development enhances the prospects for high-grade gold and copper-nickel-PGM discoveries in a prolific Canadian greenstone belt.

Constellation Resources has identified a significant gold-copper soil anomaly named Chatham at its Ularring Project in Western Australia, shifting exploration focus to this promising new target.

White Cliff Minerals appoints mining veteran John Hancock to its board and engages Astrotricha Capital as advisors, setting the stage for a major drilling campaign at the Rae Copper Project.