29Metals Ltd
29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile.
The business
29Metals Limited is a copper-focused base and precious metals mining company with producing and exploration assets in Australia and Chile. The principal activities of the Company are mining and mineral production, mineral concentrate sales, mineral exploration and development, and ancillary services. The Gossan Valley project, located 7 km south of Gossan Hill at Golden Grove, comprises multiple deposits including Gossan Valley, Conteville and Grassi. It evaluates the potential to develop one or more of the deposits. The Redhill project, located in Chile, is a 29Metals exploration asset covering a historically under-explored copper region. It hosts mesothermal polymetallic quartz-sulphide veins with copper, silver and precious metals mineralisation. The Cervantes project at Golden Grove lies beneath the Scuddles underground mine, with about 210 meters/ mineralization below existing development. Prefeasibility study supports extending the Scuddles underground mine life.
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Latest news

Copper Price Surge on Global Supply Squeeze and Tariff Speculation a Tailwind for Australian Miners
Copper has been on a strong upward trajectory in recent weeks, climbing more than 30% on the London Metal Exchange this year as traders and analysts warn that global inventories could soon hit critically low levels.

Base metals fire sparked following BHP’s failed OZ Minerals bid
BHP (ASX: BHP) has started a fire in the base metals sector with its takeover bid for OZ Minerals (ASX: OZL) – a move which highlights the shortage of commodities essential for energy transition. The combination of supply suppression through bans on new oil, gas and coal projects, and energy-demand growth even as the global […]
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