Latest Copper Mining News

Alma Metals has completed a positive Scoping Study for its Briggs copper project in Central Queensland, confirming the technical and economic potential for large-scale open pit mining. The company is now moving swiftly into prefeasibility studies to refine resource confidence and optimise project design.

Canterbury Resources and Alma Metals have completed a positive Scoping Study for the Briggs Copper Project, confirming a 2Mt copper resource and strong metallurgy. Prefeasibility studies are now underway to refine resource confidence and project economics.

New Frontier Minerals has lodged a mining lease application for the Big One Copper Deposit in Queensland’s Mt Isa belt, aiming for first production in early 2027. The move solidifies tenure over a key copper asset and advances plans for open-cut mining with processing through Austral Resources’ Mt Kelly facility.

Tartana Minerals has inked a non-binding Letter of Intent with Alt Resources for up to $5 million in non-dilutive financing, structured to align repayments with copper production and prices. This deal aims to optimize existing operations and fund expansion through the Mungana processing plant.

Marimaca Copper's Chilean subsidiary has obtained formal environmental approval for its Marimaca Oxide Project, clearing a critical hurdle toward construction readiness in the second half of 2026. This milestone follows years of environmental and social groundwork and sets the stage for the next permitting phase.

Caravel Minerals has signed a non-binding MOU with Adani’s Kutch Copper to jointly advance the Caravel Copper Project toward a 2026 Final Investment Decision, exploring funding and offtake agreements.

Eagle Mountain Mining has taken significant steps to re-enter its Oracle Ridge copper project in Arizona through a strategic option agreement and a potential joint venture with Japan’s Nittetsu Mining. The deal promises to clear debt and fund early development, setting the stage for a medium-term production restart.

Austral Resources Australia Ltd has successfully completed a $40 million capital raise and is reinstated to ASX trading, positioning itself as a mid-tier copper producer with a dual-hub operation in Queensland.

Caravel Minerals has released an updated strategic mine plan for its Western Australian copper project, confirming a robust 25+ year operation with improved ore grades and deferred capital expenditure. The plan prioritises conventional diesel mining and optimised pit sequencing to reduce risk and enhance early cash flow.

Cyprium Metals has completed a transformative A$80 million capital raise to fund the phased restart of copper production at its Nifty Copper Complex, positioning the company for operational progress and exploration growth.

Caravel Minerals has made significant strides in advancing its Caravel Copper Project, initiating its Definitive Feasibility Study and securing critical funding amid a tightening copper market.

KGL Resources has raised A$11 million through a placement led by institutional investors, including Resource Capital Fund, to advance enabling works at its Jervois Copper Project ahead of a Final Investment Decision.