Welcome to our dedicated page for Idaho Copper news (Ticker: COPR), a resource for investors and traders seeking the latest updates and insights on Idaho Copper stock.
Idaho Copper Corporation (COPR) drives innovation in copper mining, a critical component for renewable energy and global infrastructure. This page aggregates official announcements, financial reports, and strategic developments directly from the company and verified sources.
Investors and industry professionals will find timely updates on quarterly earnings, operational expansions, and sustainability initiatives. Track COPR's progress in mineral exploration, partnerships with green technology firms, and compliance with environmental regulations.
Key updates include production milestones, copper market analyses, and leadership changes. All content is curated to help stakeholders understand the company's position in the evolving metals sector and its role in electrification trends.
Bookmark this page for streamlined access to COPR's latest developments. Combine these updates with broader market data for informed decision-making in the commodities space.
Idaho Copper Corp (OTC Pink: COPR) has received a significant approval from the United States Forest Service for its CuMo exploration project in Boise County, Idaho. The USFS issued a Decision Notice and Finding of No Significant Impact on March 14, 2025, approving the company's Plan of Operations (PoO) for exploration drilling activities.
The approval follows extensive collaboration since 2016 to ensure environmental compliance. The PoO encompasses temporary road construction, maintenance, and drilling operations, with mandatory requirements for proper closure and reclamation of all roads, drill pads, and drill holes upon completion. The plan includes multiple mitigation measures to protect the Boise River watershed.
While this approval marks a important step for exploration activities, it does not authorize mining operations. Any future mining development would require a separate Environmental Impact Statement (EIS) and public participation process.
Idaho Copper Corp (OTC Pink: COPR) has announced the engagement of Barr Engineering Co and Whittle Consulting Pty for updating its Preliminary Economic Assessment (PEA) Technical Report, expected in mid-2025.
Barr Engineering will serve as the study manager and lead author, bringing expertise in environmental, geologic services, mine engineering, and infrastructure design. The project will be supplemented by Lycopodium Inc, focusing on ore-sorting technology based on 2024 test work that showed the CuMo orebody's amenability to ore sorting.
The updated PEA, which has been in progress since March 2024, will comply with Canadian National Instrument 43-101 and US SEC Regulation S-K 1300. The integration of ore-sorting in mine design and production schedule is expected to significantly reduce initial capital and operating costs while enhancing project economics compared to the 2020 PEA.
Idaho Copper Corp. (OTC Pink: COPR) has received promising initial results from MineSense XRF scanning technology testwork on samples from the CuMo Idaho copper-molybdenum-silver deposit. The tests, conducted at MineSense's Vancouver facility, involved simulations replicating mining shovel bucket operations and crushed ore analysis. Results indicate that:
1. MineSense technology can distinguish between different copper and molybdenum grades in CuMo deposit.
2. CuMo mineralization is highly suitable for ore sorting using XRF sensing technology.
3. Ore sorting could potentially remove a significant portion of waste and lower-grade material, increasing mill feed grade.
This approach could lead to a smaller mill size than proposed in the 2020 Preliminary Economic Assessment, potentially resulting in reduced capital and operating costs. However, further work is needed to confirm these conceptual targets and potential grade enhancements.
Idaho Copper (OTC:COPR) has appointed Andrew Brodkey as its new Chief Executive Officer, replacing Steven Rudofsky who will remain on the board of directors. Brodkey, previously the company's Chief Operating Officer, brings over 30 years of experience in the mining and metals sector. His background includes executive positions at publicly traded mining companies and founding the International Mining and Metals Group at CB Richard Ellis.
Brodkey holds a Bachelor of Science in Mining Engineering from the University of Arizona and a Juris Doctor from Creighton University. The company's CFO, Robert Scannell, emphasized that Brodkey's expertise in mining engineering, law, and permitting will be important for Idaho Copper's future success.
Idaho Copper announced promising results from Veracio's TruScan XRF technology analysis on six drillholes at its CuMo deposit. The detailed scanning revealed potential for ore sorting, which can separate waste from higher-grade ore, thus improving overall processing efficiency. The initial results suggest significant grade enhancements, with Mo increasing from 0.041% to 0.232%, Cu from 0.08% to 0.11%, and Cu-equivalent from 0.36% to 1.46% in mill feed. This could reduce waste, lower mill size requirements, and decrease capital and operational costs, presenting an optimistic future for the CuMo project.
Idaho Copper (COPR) is beginning a important phase in its business plan by deploying a 'TruScan' core scanning unit to analyze metal grades from drill cores at the CuMo project. Veracio, a subsidiary of Boart Longyear, is providing the technology. The company aims to optimize ore sorting parameters to enhance profitability and reduce capital costs. Additionally, Idaho Copper CFO commented on the industry's M&A activity, signaling a positive outlook for the mining sector.
