Hillgrove Resources Market Research Report
Company Overview
Name and Mission
- Name: Hillgrove Resources
- Mission: "Creating optimum stakeholder value by successfully operating and extending the life of the Kanmantoo Copper Gold Mine through exploration and the production of copper concentrate at low cost in a safe, environmentally, socially, and financially responsible manner."
Founding Information
- Founded: 2005
- Founder(s): No information is available
Key People
- Derek Carter: Chairman
- Bob Fulker: Chief Executive Officer and Managing Director
- Murray Boyte: Non-Executive Director
- Roger Higgins: Non-Executive Director
- Joe Sutanto: Chief Financial Officer & Company Secretary
Headquarters
- Location: South Australia, specifically operating Kanmantoo Copper Gold Mine, located approximately 55km from Adelaide CBD.
Employees
- Number of Employees: No information is available
Revenue
- Revenue: No information is available
Reputation and Achievements
- Known For: Hillgrove Resources is known for its Kanmantoo Copper Gold Mine and its significant contributions to local businesses and communities through employment, training, and development initiatives.
Products
Offerings
- Product: Copper concentrate
High-level Description of the Product
- Copper Concentrate: Produced from the ore extracted from their primary mining operation, the Kanmantoo Copper Gold Mine.
Key Features of the Product
- Kanmantoo Copper Gold Mine: The mine includes Giant, Nugent, and Emily Star Open Pits, a fully permitted operational ore processing plant, and a tailings storage facility.
Recent Developments
Production and Development Updates
- 3 July 2024: 22% increase in copper production from Kanmantoo.
- 11 June 2024: 17% increase in May copper production.
- 12 February 2024: Copper production commences at Kanmantoo Mine.
Leadership Changes
- 06 June 2024: Appointment of Bob Fulker as the new Managing Director.
Partnerships and Investments
- 05 June 2023: Completion of funding and commencement of mining operations after securing investor funding.
Additional Information
Community Engagement
- Hillgrove has contributed significantly to local businesses and employees through local hire and procurement policies, facilitating the development of a community-led regional Master Plan.
Sustainability Efforts
- Continues to investigate sustainable options such as the Pumped Hydro Energy Scheme (PHES) to generate value from closed operations like the Giant Open Pit.
Exploration and Assets
- Kanmantoo Underground: Commenced development in May 2023 with promising high-grade copper-gold lodes discovered.
- South Eastern Copper Project: Holds over 6,150km^2 of granted exploration licenses highly prospective for economic copper deposits.
Reports and Presentations
- Quarterly and Annual Reports: Regularly updated reports on activities, earnings, and strategic developments.
- Presentations: Transparently share presentations from conferences, roadshows, etc., with the public and ASX.
Contact Information
- Investor Relations: Regular updates through ASX announcements.
- Community Booklet: Detailed information on activities and efforts within the communities they operate.
This report provides a comprehensive overview of Hillgrove Resources based on the available data. For detailed and up-to-date information, the company's website and official announcements should be regularly checked.
