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Share price: XTA.L GBp 654.80 (-1.47%)

Xstrata Copper / Australia

Mount Isa Mines

Xstrata Copper: World > Australia

Xstrata Mount Isa photo
Detail label Value
Location North Queensland, Australia
Products Copper
Employees Approximately 4,500 people
Annual production capacity 170,000 tonnes of copper in concentrate, 300,000 tonnes of copper in anode

Description of Operation

Mount Isa Mines (Xstrata 100%) operates two separate mining and processing streams, copper and zinc-lead-silver. Mount Isa Mines’ copper operations include two underground copper mines -Enterprise and X41 from which 6.5 million tonnes of ore is mined per annum; a concentrator with 7 million tonnes per annum capacity; and a copper smelter.

The Enterprise mine is the most recently developed copper ore source at Mount Isa and is Australia’s deepest mine, with an internal shaft which reaches a depth of 1,900 metres

A new leaching project will recover 2,500 tonnes of copper per annum from the copper smelter’s electrostatic precipitator dust.

Brief History of the Operation

Prospector John Campbell Miles discovered silver-lead ore at Mount Isa in 1923. Mining began the following year and Mount Isa Mines was formed. During Mount Isa Mines’ early years the company focussed on zinc-lead-silver production with only a brief period of copper production during World War II. Parallel production of zinc-lead-silver and copper did not begin until 1953.