Latest Copper News

Cobre Limited has completed a $60 million capital raise to acquire majority ownership of the Sierra Atacama Copper Mine in Chile, marking its transition from explorer to producer. Meanwhile, substantial shareholder Sinomine has increased its investment in Cobre’s Botswana copper project.

Sierra Nevada Gold has established a wholly owned Saudi subsidiary, Arabian American Minerals LLC, to spearhead exploration at the As Safra copper-gold project, aligning with Saudi Arabia’s Vision 2030 and preparing for imminent drilling.

Lode Resources has identified a new high-grade silver and antimony prospect, Blocks East, within its Greater Montezuma Project in Tasmania, expanding its strategic foothold in a prolific mining region.

Caspin Resources accelerates exploration at its Bygoo Tin Project with promising new targets identified through an innovative Induced Polarisation survey and expanding drilling programs.

Lincoln Minerals has secured all necessary approvals to begin a targeted drilling campaign at its Minbrie Copper Project in South Australia, aiming to unlock significant copper and base metal potential.

Buxton Resources has agreed to sell its 49% stake in the Copper Wolf joint venture to IGO for approximately A$6.15 million, while retaining full ownership of surrounding tenements and regaining strategic freedom in Arizona.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

Tartana Minerals has unveiled an expanded 21,000-metre drilling program across its Chillagoe portfolio, targeting a suite of critical and strategic minerals with a focus on resource upgrades and maiden estimates.

Greatland Resources has released a Mineral Resource Estimate for its O’Callaghans deposit, confirming it as one of the world’s largest high-grade tungsten resources, enriched with copper, zinc, and lead.

Cobalt Blue Holdings and Glomar Minerals have teamed up to develop a pioneering polymetallic nodule processing facility in the US, aiming to secure critical minerals for advanced manufacturing and defence sectors.

Cannindah Resources has kicked off a 10,000-metre diamond drilling campaign at its Southern Porphyry Target, aiming to confirm a significant copper-gold system beneath Mt Cannindah. This ambitious program could redefine the company’s resource base and growth trajectory.

Lachlan Star has completed its acquisition of a major interest in the New Waverley Gold Project in Western Australia, with a maiden diamond drilling program scheduled to start next week.