Latest Copper News

Australasian Metals Limited has identified significant chargeability anomalies at its May Queen Gold Project, suggesting promising sulphide mineralisation and supporting previous drilling results. The company plans targeted drilling to validate these new geophysical targets.

Gold Mountain Limited has issued nearly 486 million shortfall shares to underwriter Jose Luis Manzano, lifting its recent trading halt. A second tranche to Magnus Capital awaits shareholder approval, marking a pivotal step in the company’s capital raising.

Clarity Pharmaceuticals has successfully imaged the first patient in its pivotal Phase III AMPLIFY trial for Cu-SAR-bisPSMA, a next-generation diagnostic agent targeting recurrent prostate cancer. This milestone sets the stage for potential FDA approval and broader clinical adoption.

Copper Search Limited has announced a non-renounceable entitlement offer to raise approximately $504,364, issuing new shares at $0.017 each with attaching options exercisable at $0.034 until mid-2027. The capital raising aims to support exploration drilling and business development across its Australian mineral projects.

Develop has initiated significant underground and surface infrastructure works at its Sulphur Springs zinc-copper project in Western Australia, setting the stage for an updated feasibility study and de-risking the project’s development.

Nordic Resources has validated a significant new indicated gold resource at the Kiimala Trend in Finland, lifting its total gold equivalent inventory close to 1 million ounces. This milestone follows the pending acquisition of three Finnish gold projects from Northgold AB.

Hot Chili Limited has identified multiple new porphyry copper-gold targets adjacent to its La Verde discovery in Chile, signaling a potential district-scale mineral system. The company plans to advance exploration with phase-two drilling targeting these promising blind deposits.

Korab Resources has successfully renewed its Exploration Licence EL31341, extending its tenure at the mineral-rich Rum Jungle Project near Batchelor, Northern Territory. This renewal underpins ongoing exploration efforts in a highly prospective region.

Korab Resources has extended the completion date for the sale of its Geolsec mineral lease, securing higher royalty rates in the process. This move reshapes the financial terms of a key transaction tied to its Northern Territory phosphate project.

Asara Resources assures investors its Kada Gold Project permits remain intact despite Guinea’s recent revocation of over 120 exploration permits. Drilling has already commenced, signaling continued progress.

Pivotal Metals Limited has updated its exploration findings at the Lorraine Prospect in Quebec, revealing a broad corridor of bonanza-grade gold mineralisation alongside significant copper and nickel targets. The company is accelerating fieldwork to define drill targets within this highly prospective greenstone belt.

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.