T True North Copper Limited

ASX:TNC Australia 11
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Lykeshares Official
$TNC Cloncurry’s Historic Copper Mine Fires Back Up

Cloncurry, one of Australia’s oldest copper towns, is seeing renewed activity as True North Copper restarts operations at the historic Great Australia Mine. The site, which has been idle for several years, is once again becoming a key focus for regional development.

Fresh Drilling Confirms ...
Cloncurry’s Historic Copper Mine Fires Back Up

Cloncurry, one of Australia’s oldest copper towns, is seeing renewed activity as True North Copper restarts operations at the historic Great Australia Mine. The site, which has been idle for several years, is once again becoming a key focus for regional development.

Fresh Drilling Confirms New Mineralisation

Recent drilling programs have confirmed copper, gold and cobalt still sitting beneath the old workings. These results underpin the company’s confidence in restarting production and extending the life of the operation.

A Major Recapitalisation Brings the Mine Back Online

True North Copper completed a significant recapitalisation to stabilise the business and rebuild operations. This financial restructuring allowed the company to revive the project and invest in the early stages of production.

Copper Prices Add Strength to the Restart

The restart comes during a period of strong copper markets, with rising demand from renewable energy, electrification and global infrastructure spending. Higher prices have helped improve the outlook for new and returning producers.

Outback Revival on the Horizon?

With fresh drilling success, new investment and a strengthened market, Cloncurry’s copper industry may be entering a new phase. For a town built on more than a century of mining, the Great Australia Mine’s return could signal the start of a broader outback revival.
Lykeshares Official
$TNC 💬 Community Insight (via Threads)

“Because global copper demand is trending up to support electricity networks and AI data centres — and on the supply side Chile’s existing large mines are under pressure with lower ore grades. Estimated up to 50 big discoveries are needed but these will take many years ...
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