Metals Corp ( (MTAL) ) has shared an update.
On February 24, 2025, MAC Copper Limited announced its 2024 Resource and Reserve Statement along with a two-year production guidance for the CSA Copper Mine. The statement highlights an updated 12-year mine life based on mineral reserves and introduces a new zinc resource. With strategic developments such as the Merrin Mine, MAC aims to enhance production efficiency and capitalize on incremental production prospects. The company maintains its production guidance for 2025 and 2026, with a focus on refining mining practices and increasing resource confidence levels. The new Merrin Mine is anticipated to commence zinc and copper production by late 2025, providing a potential boost to MAC’s operational capabilities.
More about Metals Corp
MAC Copper Limited is a private limited company incorporated in Jersey, Channel Islands, operating in the mining industry with a focus on copper production. The company is listed on the NYSE and ASX, and its primary operations are centered around the CSA Copper Mine in New South Wales, Australia, renowned for its high-grade copper outputs.
YTD Price Performance: 1.90%
Average Trading Volume: 207,424
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $796.3M
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