Latest South32 News

Encounter Resources is ramping up exploration at its Jessica Copper Project in the Northern Territory with advanced geophysical surveys and planned drilling, aiming to unlock significant IOCG mineralisation.

South32 warns of an impending impairment expense linked to uncertain electricity supply for its Mozal Aluminium smelter, with FY26 production guidance now under review amid ongoing tariff negotiations.

Belararox Limited is set to begin drilling four priority copper targets in its Kalahari Copper Project this August, following extensive geological and geophysical surveys. The move marks a significant step forward in exploring a highly prospective region of the Kalahari Copper Belt.

Noronex Limited’s first diamond drilling program at the Fiesta Copper Project in Namibia reveals significant copper and silver mineralisation at depth, expanding the project’s scale and geological understanding. Funded by South32 under an earn-in agreement, ongoing drilling promises further insights.

SRG Global has locked in $850 million worth of contracts spanning water, energy, resources, and more, reinforcing its position as a diversified infrastructure leader in Australia and New Zealand.

Noronex Limited has broadened its strategic alliance with South32 to include two new Botswana tenements, backed by promising drilling results from Namibia’s Damara Copper Project that highlight significant regional copper potential.

Hammer Metals has reported extensive copper and gold mineralisation over a 600m strike at its Tourist Zone in Mount Isa, alongside promising results at Mt Mascotte and Lex. These findings reinforce the company’s exploration momentum amid a tightening global copper market.

AusQuest has kicked off a significant drilling campaign at its Morrisey Magnetite Project in Western Australia, aiming to expand on promising iron ore discoveries and assess commercial viability.

Western Yilgarn NL has secured the Cardea 3 Bauxite Project in Western Australia's Darling Range, adding a significant high-grade bauxite asset near its Julimar Project. Historical drilling confirms strong alumina grades and strategic infrastructure access.

AusQuest Limited has initiated an extensive geophysical survey at its Coober Pedy IOCG Project in South Australia, aiming to pinpoint drilling targets within a world-class mineral province. Results expected in 8-10 weeks will guide exploration plans for later in 2025.

South32 has announced a planned CEO transition with Matthew Daley joining as Deputy CEO in February 2026 and succeeding Graham Kerr later that year, marking a new chapter for the mining giant.

Noronex Limited reports promising copper and silver assay results from initial drilling at its Fiesta Copper Project in Namibia, while advancing diamond drilling and expanding exploration licences in Botswana. The company also strengthens its financial position through early option exercises and South32 earn-in funding.