29Metals (ASX: 29M) — Company Overview, News & Financial Data
29Metals is focused on copper mining in Australia, producing concentrates for commodity trading and refining.
29Metals
29Metals is a copper-focused base and precious metals mining company operating production, development, and exploration assets across Australia and Chile. The company produces copper, zinc, gold, silver, and lead, supporting supply chains for global industrial manufacturing and energy transition infrastructure. Its core operating asset is the Golden Grove underground mine in Western Australia, alongside the Capricorn Copper operation in Queensland. 29Metals also holds regional exploration tenements adjacent to its Australian mining complexes and manages the Redhill copper exploration project in Chile. The company focuses on extracting high-grade mineral reserves through systematic underground and surface operations.
Snapshot
Operations
Products and/or services of 29Metals
- Primary Base Metal Mining: Underground and open-pit mining operations in Western Australia producing copper, zinc, gold, and silver concentrates. Incorporates the Scuddles and Gossan Hill mineral deposits operating at a mining rate of 1.44 million tonnes per annum.
- Copper Concentrate Sales: Mining, processing, and distribution of high-grade copper concentrates extracted from underground ore bodies. The primary commodity stream supports international base metal refining, industrial manufacturing, and global energy transition infrastructure development.
- Zinc Concentrate Output: Flotation processing and extraction of zinc-rich mineralisation to produce commercial-grade zinc concentrates. Serves domestic and overseas smelting facilities for industrial metal coating, galvanising, and structural alloy manufacturing applications.
- Secondary Mining Operations: Underground copper and silver extraction assets located in Queensland, Australia. Features multiple ore sources and processing infrastructure designed for mill throughput capacities reaching up to 1.8 million tonnes per annum.
- Precious Metals By-Products: Extraction and recovery of gold and silver precious metal streams generated during polymetallic base metal milling. Enhances overall revenue margins through valuable secondary metal credits extracted from active mine feeds.
- Regional Mineral Exploration: Geological surveying and tenement exploration targeting prospective copper and base metal deposits. Encompasses historical mining areas and expansive regional land holdings across prospective mineral belts in Chile.
29Metals executive team
- Mr. James Palmer B.E.Chief Executive Officer
- Mr. Peter Herbert B.Com., C.A.Chief Financial Officer
- Mr. Ed Cooney B.E., M.B.A.Chief Operating Officer
- Mr. Michael SlifirskiGroup Manager of Investor Relations
- Scott CampbellMarketing Manager
- Kristian StellaGroup Executive of Corporate Development
- Ms. Adrianna Quinn WaughGroup Executive of People & Culture
- Lucas WilliamsGroup Executive of Geology & Exploration
- Mr. Walter MuehlebachCEO of Redhill
- Grace FongGroup Financial Controller