Latest Copper News

Stavely Minerals is progressing exploration at its Western Victoria copper-gold project, initiating a ground IP survey at the S41 gold prospect and confirming high-grade copper-silver mineralisation at the Junction discovery through recent drilling.

Ballymore Resources is preparing to launch a 2,000m Stage 5 diamond drilling program at its Dittmer Gold Project in February 2025, aiming to extend known gold mineralisation and explore a deep porphyry target. This follows a string of successful drill results that have yet to be fully quantified in a Mineral Resource estimate.

New Frontier Minerals has entered a strategic alliance with Austral Resources to process copper ore from its Big One Deposit, aiming to accelerate production and exploration in the Mt Isa copper belt.

Lode Resources Ltd has reported inaugural high-grade drill assay results from its Montezuma Antimony Project in Tasmania, revealing wider and richer mineralisation than previously known, including significant antimony, silver, gold, copper, and tin.

Strickland Metals reports a significant 80.2m intercept grading 1.9g/t AuEq at its Shanac Deposit in Serbia, setting the stage for a resource upgrade in March 2025.

iTech Minerals has entered a binding agreement with global lithium giant SQM to jointly develop the Reynolds Range Lithium Project, marking a significant step forward for the Northern Territory asset. This partnership enables SQM to earn up to a 70% stake in lithium rights, backed by a structured investment and exploration program.

BHP has reported a robust 10% increase in copper production for the half year ended December 2024, driven by record output at Escondida and strong performances across key assets. Despite a weather-related setback in South Australia, the company remains on track to meet FY25 guidance while advancing major growth projects and sustainability initiatives.

Hillgrove Resources delivered a robust December quarter with record development and copper production, underpinned by exceptional drilling results at Nugent. The company projects increased output and improved cost efficiency for 2025.

Centrex Limited has updated the timetable for its $10.4 million Entitlement Offer, with the offer opening on 28 January and closing on 19 February 2025. The company aims to bolster its position in sustainable agriculture through this capital raise.

Litchfield Minerals Limited reports significant progress in Northern Territory exploration, including strategic acquisitions and advanced geophysical surveys, while managing weather-related delays to drilling schedules.

Xanadu Mines has lodged a comprehensive NI 43-101 technical report for its Kharmagtai Copper-Gold Project, revealing key differences in production and economic outcomes compared to earlier ASX disclosures due to regulatory standards.

Emmerson Resources has resumed and expanded its RC drilling program at the White Devil Gold Project, with initial resource estimates expected imminently and further updates planned after assay results.