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The global shift to clean energy requires more copper and the Briggs Copper Project in Queensland has it in spades. By growing the resource we provide future options for reducing the supply gap shortfall, contributing to Australia meeting its 2050 net-zero emissions target.
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ASX Announcements
Alma Metals raises $3.6 million for Briggs joint venture
Alma Metals (ASX:ALM) has completed a capital raise, totalling $3.6 million, via the issue of around 368.2 million shares at $0.01 per share. The funds, combined with existing cash and liquid investments, position Alma to fully fund stage three of the Briggs earn-in under its joint venture agreement with Canterbury Resources (ASX:CBY). This will enable Alma to reach a 70% joint venture interest in the project.
Alma cashes up for drilling across Briggs
Alma Metals (ASX:ALM) has completed an oversubscribed share placement to raise $4 million to fund drilling at the Briggs Copper Project in Queensland.
The company will issue 400 million shares at an issue price of $0.01 per share in two tranches, representing a 16.7% discount to the last trading price and a 23.8% discount to the volume-weighted average price.
Alma starts up ‘major’ drilling across Briggs
Alma Metals (ASX:ALM) has begun a ‘major’ drilling campaign at its Briggs Copper Project in Central Queensland to expand and upgrade the resource estimate ahead of a Prefeasibility Study.
RIU kicks off in Fremantle this week
The RIU Explorers Conference kicks off at the Esplanade Hotel Fremantle by Rydges in Western Australia from 17-19 February, to host up to 130 Australian Securities Exchange-listed companies.
‘Perfect’ balance for Australia’s resources: RIU Fremantle
“It has the perfect balance of the main industries that make up the resources sector,” RIU Conferences General Manager and Vertical Events Business Development Manager Jaxon Crabb describes the upcoming RIU Explorers Conference to Mining.com.au.
The RIU Explorers Conference, held in Fremantle, Western Australia, is kicking off next week, featuring mineral explorers and resources investors alike from 17-19 February 2026.
Alma emphasises Briggs ‘scale and momentum’: RIU Fremantle
Alma Metals (ASX:ALM) is looking to connect with investors at the RIU Explorers Conference to highlight the “scale and momentum” behind its Briggs Copper Project in Queensland, Managing Director Frazer Tabeart tells Mining.com.au.
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