Latest Copper News

DeSoto Resources has reported the intersection of significant sulphide mineralisation in its ongoing drilling at the Spectrum Project in the Northern Territory, with assay results expected in October.

Asian Battery Metals has confirmed excellent copper recoveries of up to 95% from metallurgical testing at its Oval Cu-Ni-PGE discovery in Mongolia, validating a straightforward flotation process for producing marketable copper concentrate.

Metal Bank Limited moves swiftly to expand its Western Australian gold footprint through the acquisition of Hastings Technology Metals’ gold assets and a $2.3 million capital raising aimed at fast-tracking exploration and production.

Metal Bank Limited (ASX – MBK) has announced a partially underwritten entitlement offer aiming to raise $2.32 million to fast-track its Western Australia gold projects and explore graphite potential in Queensland. The offer, priced at $0.014 per share, is supported by Equator Capital Management Ltd and targets existing shareholders.

Forrestania Resources has agreed to acquire four exploration licences adjacent to the Edna May Gold Mine, aiming to strengthen its position in Western Australia's Southern Cross region.

Forrestania Resources has agreed to acquire a significant 7.37% stake in Kula Gold through a $1.87 million share subscription, reinforcing its strategic foothold in Western Australia's Southern Cross gold region.

FMR Resources has initiated a 4,000-metre maiden diamond drilling program at the Southern Porphyry target within its Llahuin Project joint venture with Southern Hemisphere Mining in Chile. This program aims to validate geophysical models and explore a potentially large porphyry copper system.

Maronan Metals has released a Preliminary Economic Assessment for its Starter Zone project, revealing strong financial metrics and two viable development options – an onsite processing plant and a toll-treatment alternative.

Impact Minerals Limited has successfully raised $4 million through a heavily oversubscribed placement, positioning the company to advance its High Purity Alumina projects and copper exploration activities.

Loyal Metals reveals a strategic pivot to copper with its Highway Reward mine, tapping into remnant resources and AI-driven exploration to capitalize on soaring commodity prices.

Loyal Metals has validated an extensive historical drilling dataset at Queensland's Highway Reward Mine, revealing significant unmined copper-gold mineralisation and setting the stage for a new exploration phase backed by $5.8 million in funding.

FMR Resources has initiated a significant 4,000-metre diamond drilling program at its Southern Porphyry target within the Llahuin Project JV in Chile, aiming to validate a large porphyry copper system. Assay results from the first drillhole are expected within weeks, marking a pivotal step in the company’s exploration journey.