Latest Copper News

Future Metals NL has announced a partially underwritten entitlement offer aiming to raise approximately AUD 2.64 million to support development of its Eileen Bore Project and working capital needs. The offer opens to eligible shareholders on 15 May 2025 and closes on 30 May 2025.

FireFly Metals’ maiden drilling at the Rambler Main Mine within the Green Bay Project has uncovered high-grade copper-gold-zinc mineralisation extending well beyond historical limits, hinting at a potential new flagship deposit akin to the nearby Ming Mine.

Patriot Resources is set to begin a 6,250-metre reverse circulation drilling program at its Katwaro copper-gold project in Zambia, aiming to extend high-grade mineralisation along an 8km strike. The campaign targets promising zones identified in previous sampling and mapping.

Freehill Mining is set to boost its Chilean operations with a second processing site launching in June, alongside advancing magnetite sampling and copper-gold exploration projects.

Tartana Minerals has raised $1.55 million through a director-led unsecured loan facility and appointed Dr Alistair Lewis as its new Chairman, signaling a strategic push in exploration and project advancement.

Prospect Resources has kicked off an extensive Phase 2 drilling campaign at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its maiden resource estimate while exploring new regional targets.

Cobre Limited reports exceptional copper and silver recoveries from long-term in-situ leaching tests at its Ngami Copper Project, advancing plans for a pilot plant to validate this innovative extraction method.

Infinity Mining Limited has successfully closed a pro-rata entitlement issue, raising over $280,000 through new options set to be listed on the ASX next week.

Marimaca Copper Corp reported a net loss of $2.25 million for Q1 2025, maintaining solid liquidity while managing risks tied to a significant receivable under liquidation proceedings.

Caspin Resources has successfully completed the first tranche of a $2.1 million capital raise, issuing over 34 million shares to institutional and sophisticated investors. The company now awaits shareholder approval to complete the remaining funding, underpinning its exploration ambitions across three promising Australian projects.

Legacy Minerals has lodged an exploration licence application over the Nico Young nickel-cobalt deposit in NSW, securing a nationally significant resource with no acquisition cost. This strategic move positions the company to capitalize on future nickel and cobalt market recoveries.

Codrus Minerals has identified multiple high-priority gold, copper, and molybdenum targets at its Bull Run Gold Project in Oregon through integrated geophysical and geochemical analysis, setting the stage for imminent drilling campaigns.