About us

Capricorn Copper

Queensland, Australia
Ownership

100%

Status

Production

Mining Rate 2020

1.8 Mtpa

Commodities
C
Copper
S
Silver

Capricorn Copper mine in Queensland, is a high-grade copper and silver mine with multiple ore sources, which has benefitted from substantial investment to position it for stable and consistent future production.

Copper mineralisation was first discovered in the area of Capricorn Copper in the 1880s. Smaller scale mining commenced from the 1920’s, in the form of small open cut mines and some underground mining, continuing intermittently until the 1960’s.

In 1969 Survey and Mining Limited acquired the mining rights for the area now known as Capricorn Copper and commenced development of the first Capricorn Copper deposit – Mammoth. 1970 marked the beginning of large-scale mining operations at Capricorn Copper, and included the construction of ore processing facilities and the first production of mineral concentrates.

Asset Location

Capricorn Copper is located approximately 120 kilometres north of Mount Isa.

Key Highlights

In-mine and near-mine organic growth opportunities

and regional exploration potential

10+ year mine life

supported by significant investment of more than US$160 million since EMR Capital acquisition

High-grade copper and silver operation located in a Tier-1 jurisdiction

with a growing production profile and further upside from latent mill capacity

Multiple ore sources provide operational flexibility

and diversified production profile

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