Copper Stocks in Focus: Vantage, Codrus and Cazaly Shares Rise on the ASX

Sonal Goyal

13 November 2026 02:46 PM AEDT

Copper Stocks in Focus: Vantage, Codrus and Cazaly Shares Rise on the ASX

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Key Highlights

Vantage Metals (ASX:VAN), Codrus Minerals (ASX:CDR) and Cazaly Resources (ASX:CAZ) all traded higher during the 13 November 2026 session.
Vantage Metals shares rose 19.05%, Codrus 7.41% and Cazaly 6.25%.
The three explorers are testing copper in Botswana, North Queensland and Namibia.

During the Trading session on 13 November 2026, Vantage Metals Ltd (ASX:VAN) shares were trading at $0.025, up 19.05%, Codrus Minerals Ltd (ASX:CDR) shares were at $0.029, up 7.41%, and Cazaly Resources Ltd (ASX:CAZ) shares were at $0.017, up 6.25%. The S&P/ASX 200 was down 0.73% at 9,079.70 at 12:39 pm AEDT over the same session. Each company is an early-stage copper explorer working in a different country.

Vantage Metals (ASX:VAN)

Vantage Metals, formerly Belararox Limited, is focused on its Kalahari Copper Project in Botswana. Its Quarterly Report for the period to 30 September 2026, released on 29 October 2026, said drilling at the Chanoga Prospect intersected the contact between the Ngwako-Pan and D'Kar formations, which controls copper mineralisation in the belt. Ionic soil sampling returned anomalous copper and silver results, and the company reported cash of A$723,000 with zero Debt at quarter end.

Codrus Minerals (ASX:CDR)

Codrus Minerals has signed a drilling contract for an initial program at the Quest End prospect, within its Copperhole Creek Project in North Queensland. Its announcement dated 6 November 2026 said the first two diamond holes will verify historic percussion results, with the first hole designed to twin the PDE6 intercept at about 50 to 60 metres downhole. Drilling was expected to begin in November, and samples will be analysed for a full multi-element suite including indium.

Cazaly Resources (ASX:CAZ)

Cazaly Resources is working on its 95%-owned Abenab North project in Namibia, which covers 788 square kilometres, including 35 kilometres of strike in the Otavi Belt. Its announcement dated 5 November 2026 reported that the first phase of a multi-phase copper soil sampling campaign has begun, using wide-spaced sampling with portable XRF. The company said the Otavi Belt hosts nearby discoveries by Midas Minerals and the Tsumeb mine lies about 8 kilometres west of the project boundary.

Final Word

Each of the three companies is at an early exploration stage, with drilling or sampling programs now under way. Results from these programs will show how each project develops.

FAQs

Q: Which copper explorer had the largest share price gain?

A: Vantage Metals rose 19.05% to $0.025 during the session.

Q: Where are the three copper projects located?

A: Vantage Metals is in Botswana, Codrus Minerals in North Queensland and Cazaly Resources in Namibia.

Q: What is the first drilling target at Codrus Minerals?

A: The first diamond hole is designed to twin the historic PDE6 intercept at Quest End.

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