Latest Copper News

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.

Evolution Mining has reported a landmark first half of FY25 with a 277% jump in statutory net profit and a substantial 250% increase in its interim dividend, underscoring robust operational momentum and shareholder returns.

Evolution Mining Limited has reported a record statutory net profit after tax of $365.1 million for the half-year ended December 31, 2024, driven by strong operational performance and higher gold and copper prices. The company also declared a fully franked interim dividend of 7.0 cents per share, continuing its consistent shareholder returns.

IMDEX reported a 10% revenue decline in 1H25 amid subdued global exploration activity but delivered a robust 28% increase in EBITDA, maintaining a strong 30% margin and positioning itself for growth.

IMDEX Limited reported resilient half-year results for FY2025, achieving half-on-half revenue growth and maintaining margins despite a challenging mining exploration environment. The company strengthened its balance sheet and declared an interim dividend, positioning itself for future growth.

Red Mountain Mining's recent desktop study of the Fry Lake Gold Project reveals promising gold mineralisation across multiple claims, setting the stage for an active 2025 exploration season amid soaring gold prices.

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.

Bryah Resources has successfully completed the first tranche of its capital raising, securing $370,542 to fund copper exploration and working capital. The company now looks ahead to shareholder approval for the next phase of its placement.

Koonenberry Gold has initiated a targeted diamond drilling campaign at its Enmore Gold Project in NSW, aiming to expand on historically significant gold mineralisation at the Sunnyside Prospect. This marks the first follow-up drilling since acquisition, with promising intercepts suggesting substantial upside.

Clarity Pharmaceuticals has expanded its breast cancer pipeline by introducing 64/67Cu-SAR-trastuzumab, supported by promising pre-clinical data and a new supply agreement for trastuzumab, aiming to address the unmet needs in HER2-positive breast cancer treatment.

China’s new export restrictions on molybdenum have shifted global supply dynamics, positioning EV Resources’ Parag copper-molybdenum project in Peru as a strategic alternative supplier to the USA and Americas. With strong drilling results confirming high-grade molybdenum by-product, EV Resources is advancing plans amid growing demand.

Belararox Limited has initiated drilling at its Malambo copper-gold porphyry target and is making steady progress at Tambo South, marking a pivotal phase in the Toro-Malambo-Tambo Project in Argentina.