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29Metals is an ASX-listed mining company, producing copper and other metals critical to driving the global energy transition.

We unlock value through operational discipline in diversified assets in tier one mining jurisdictions.

29Metals at a glance

>430

Employees

2

Operating sites

$721M

Total revenue for 2022

2021

Founded in 2021
View latest results
As at 31 Dec 2022

Long-life producing assets with organic growth opportunities

29Metals is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile.
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Redhill
Golden Grove
Capricorn Copper
Western Australia, Australia

Golden Grove

Ownership

100%

Status

Production

Mining Rate

1.44 Mtpa

Metals produced
As at 31 Dec 2022
Our Golden Grove mine is a world class VHMS geological system.
The first mining discovery in the area, now known as Golden Grove, was the discovery of the Gossan Hill deposit. The discovery was made in 1971 by an unincorporated joint venture between Aztec Mining and AMAX Mining Limited.
Mining operations commenced in 1989 with the development of the Scuddles underground mine, followed by the commencement of mining at the Gossan Hill underground mine in 1996 and the Gossan Hill open-pit mine in 2012.
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Queensland, Australia

Capricorn Copper

Ownership

100%

Status

Production

Mining Rate

1.8 Mtpa

Metals produced
As at 31 Dec 2022
Our Capricorn Copper mine is a high-grade copper and silver underground mine with multiple ore sources.
Copper mineralisation was first discovered in the area of Capricorn Copper in the 1880s.
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Chile, South America

Redhill

Ownership

100%

Status

Exploration/
Concept study

Mining Rate

1.44 Mtpa

Prospective for:
As at 31 Dec 2022
Redhill comprises the Cutters Cove project, located around the high‑grade historical Cutters Cove copper mine and surrounding prospects.
It also includes a prospective regional tenement package covering over 500 kilometre strike in Chile, the world’s largest copper-producing country.
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Investors

Offering investors exposure to metals critical to the global energy transition

29Metals provides investors exposure to strong market fundamentals to copper and other metals critical to the global energy transition, through our portfolio of long-life producing assets in Australia, complemented by a well-defined pipeline of organic growth opportunities.

Exploration Opportunities

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29Metals holds a portfolio of exploration interests, including regional tenement interests surrounding Capricorn Copper and Golden Grove, and a strategic tenement package and project in Redhill located in Chile, the world’s largest copper producing country.

We take a systematic and disciplined approach to exploration, seeking to identify, prioritise, test and prove economic mineralisation, and leverage off an extensive knowledge‑base and history of discovery at the 29Metals assets.

We are committed to responsible and ethical business practices, safety and sustainability

At 29Metals, we recognise that sustainable mining is essential in building credibility and trust with stakeholders. From the Board to our on-site workforce, we are committed to caring for our people, minimising our environmental impact, and partnering with our stakeholders.

This is encompassed in Our Approach To Sustainability & ESG which was launched in 2022 and continues to be our framework for engaging with our stakeholders and focusing our Sustainability & ESG performance and priorities.
Our Approach to Sustainability & ESG is centred around:
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Our people are at the heart of our success

29Metals has a culture that prioritises safety, as reflected in our Value of Safety First. We promote a friendly, supportive and inclusive workforce where our people feel safe, respected and valued.

We believe in a workplace environment where our people can thrive and grow. We know that by helping our people grow, we are identifying ourselves as an “employer of choice” as well as driving our business forward. This is crucial to our success as we grow and embrace our strong company culture. We seek to employ high-performing, forward-thinking people who are able to grow and succeed with us.
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We acknowledge First Nations People as the Traditional Custodians of the lands on which we live, learn and work. Learn more here.