Capricorn Metals (ASX: CMM) — Company Overview, News & Financial Data
Capricorn Metals is an Australian gold mining company focused on high-grade gold production from the Karlawinda Gold Mine.
Capricorn Metals
Capricorn Metals is an Australian gold exploration and production company based in Perth, Western Australia. The company operates two primary gold mining assets in Western Australia, comprising the operational Karlawinda Gold Project in the Pilbara region and the Mt Gibson Gold Project in the Mid-West region. Capricorn Metals focuses on the development, processing, and ongoing operation of these open-pit gold deposits, maintaining a total mineral resource base of approximately 6.6 million ounces and ore reserves of 4.0 million ounces. Its activities encompass resource drilling, carbon-in-leach processing, mine infrastructure management, and prospective regional exploration across its Australian tenement portfolio.
Snapshot
Operations
Products and/or services of Capricorn Metals
- Gold Bullion Production: Operating a carbon-in-leach processing facility in Western Australia's Pilbara region to extract and refine gold from open-pit ore, producing gold dore bars as the primary source of commercial revenue and operating cash flow.
- Open-Pit Mining Operations: Conducting open-cut excavation, drilling, blasting, and material hauling activities to feed central processing facilities with gold-bearing ore from shallow deposits situated sixty-five kilometers southeast of Newman in Western Australia.
- Advanced Deposit Development: Progressing engineering studies, resource evaluation, and infrastructure permitting for a secondary open-pit gold development property located two hundred eighty kilometers northeast of Perth in Western Australia's Mid-West region.
- Resource Extension Drilling: Executing extensive reverse circulation and diamond core drilling programs targeted at depth extensions and adjacent strike continuations to expand overall ore reserves and prolong active processing facility operational lifespans.
- Regional Gold Exploration: Performing regional geological mapping, geochemical sampling, and geophysical exploration across prospective greenstone belt tenements in Western Australia to identify satellite open-pit gold deposits and new regional targets.
- Refining and Bullion Sales: Transporting produced gold dore from operational processing plants to commercial precious metals refiners for final assaying, refining, and distribution into international precious metal spot markets and off-take channels.
Capricorn Metals executive team
- Mr. Mark John Clark B.Bus, C.A.CEO & Executive Chairman
- Mr. William Nguyen B.Com., C.A.CFO & Company Secretary
- Mr. Tony HinkleyChief Operating Officer
- Mr. Shane ClarkChief Development Officer
- Rondro Tiana RalakoChief Personnel Officer