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Scott Tibballs
Scott is from Melbourne, where he obtained an arts degree majoring in politics at La Trobe University and a masters degree in journalism from the University of Melbourne.
He worked in Melbourne, country Victoria and Far North Queensland in a variety of roles ranging from digital media intern to community reporter before he came to INN Australia.
Silver Stocks in New South Wales
New South Wales is where silver mining began in Australia, and where the modern company known as BHP (ASX:BHP,NYSE:BHP,LSE:BHP) has roots dating back more than a century.
Silver was discovered at Broken Hill in the west of New South Wales in 1883. Two short years later, the Broken Hill Proprietary Company was floated, and from there the rest is history.
Broken Hill Proprietary, now known simply as BHP, rapidly became the largest mining company in Australia, and then the world, by diversifying, acquiring, merging and spreading its reach so that it had assets and interests on four continents — and it all began with the discovery of silver in New South Wales.
New South Wales' strong silver-mining history
BHP doesn't have silver operations in New South Wales today, but the legacy of silver continues in the state.
Australia has a reputation for being a desirable mining jurisdiction, but as an investment prospect, New South Wales is one of the country's less attractive areas, ranking fifth out of seven among its states and territories.
Globally, however, New South Wales is a safe bet, outranking Chile in mining investment attractiveness, according to the Fraser Institute's latest survey of mining companies.
There are at least five companies currently mining silver in the state, as per government data — though many of them are private. Publicly traded entities are accessible through the Australian Securities Exchange (ASX).
Overall, Australia is ranked among the top global producers of silver, sharing the title of fifth largest producer with Chile and Poland in 2020. It put out 1,300 tonnes of the precious metal that year.
It's worth noting that the amount of silver mined in Australia used to be much higher. Going back through US Geological Survey reports, the country enjoyed a spike in silver mining around the turn of the millennium, when annual production hovered around 2,000 tonnes per year. Since then, it's slowly fallen away to where it sits now.
For its part, New South Wales produced 128 tonnes of silver in the 2015/2016 financial year — a number that is fairly consistent year-on-year due to the number of operational mines located there. Within the region, silver is mined as a by-product at each operational mine, all of which are in the central part of the state.
ASX-listed silver stocks in New South Wales
As mentioned, quite a few of the companies mining silver in New South Wales are private, while others are public, but not listed on the ASX. Examples include China Molybdenum (OTC Pink:CMCLF,HKEX:3993) and Nonfemet.
Of course, public entities are busy in the state too. Read on for a look at some of the ASX-listed operators focused on silver in New South Wales. And if you're interested in jumping into the market, tools to learn how to invest on the ASX are freely available online through the ASX website — here's a little starter to make it even easier.
1. Newcrest Mining (ASX:NCM)
Market cap: AU$20.23 billion; current share price: AU$24.73
True to form, silver is produced as a by-product by the top mining company with silver operations in New South Wales — Newcrest Mining's Cadia operation is actually mainly centered on copper and gold. Even so, for the 12 months ended June 30, 2021, Cadia put out 643,000 ounces of the white metal, accounting for the vast majority of the company's overall silver production globally (945,000 ounces overall in the latest annual period).
2. Aeris Resources (ASX:AIS)
Market cap: AU$461.58 million; current share price: AU$0.21
Another company with interests mainly in copper and gold, Aeris Resources is the owner and operator of the Tritton copper operation. Silver plays so little a role in the company's profile that it doesn't list its output of the metal, but it has been hitting some silver mineralization in exploration works at Tritton over the last few months, with holes drilled at the Constellation deposit yielding results as fancy as 28.6 grams per tonne silver.
The company has also reported silver mineralization at the nearby Avoca Tank exploration project.
3. Silver Mines (ASX:SVL)
Market cap: AU$261.49 million; current share price: AU$0.21
Silver Mines is the owner of the Bowdens silver project in Central New South Wales, and the company describes it as one of Australia's largest undeveloped silver resources. The company also has interests in another two silver projects in the state: Conrad and Webbs, both located in the north.
The company's goal is to become one of Australia's preeminent silver companies.
A feasibility study for Bowdens was completed in 2018, and envisions a maiden ore reserve of 29.9 million tonnes at 69 grams per tonne silver, 0.44 percent zinc and 0.32 percent lead for a 16 year mine life initially. Since 2018, the company has fine tuned the proposed mine, and recently began a scoping study on underground mining.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Scott Tibballs, currently hold no direct investment interest in any company mentioned in this article.
There are at least five companies mining silver in New South Wales right now. Learn more about silver stocks in this key Australian state, as well as its rich history with the precious metal.
Copper Stocks in Western Australia
Western Australia is viewed as the engine room of Australia's mining industry, but it's not a major player when it comes to copper production and known resources — that crown sits firmly atop South Australia.
Nevertheless, while Western Australia is best known for its iron and gold output, two sectors it has cornered in Australia, it's also home to many base metals mines and exploration projects. At least eight individual base metals projects and operations have been identified by Geoscience Australia, with copper featuring in each of them.
Being home to such a large gold- and iron-mining industry, Western Australia hosts some of the largest mining companies in the world and attracts many prospective exploration and development companies.
That means investors looking at copper in the state have a healthy selection of investment opportunities, ranging from the likes of giants Newcrest Mining (ASX:NCM,OTC Pink:NCMGF) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) to smaller companies like Cyprium Metals (ASX:CYM) and Venturex Resources (ASX:VXR)
All of those companies are accessible through the Australian Securities Exchange (ASX) — and you can click here for a convenient guide on investing on the exchange.
We'll get back to the companies themselves shortly. First, more on copper in Western Australia. Without belabouring the point, Western Australia is one of the premier mining investment jurisdictions in the world, accounting for some 57 percent of all mining investment in the country, according to its Department of Mines, Industry Regulation and Safety (DMIRS).
In the 2018/2019 fiscal year, almost AU$17 billion in investment was dumped into the state, as per the WA Mining Club, with that investment yielding healthy returns in the same year of AU$107 billion in sales.
The industry is also very healthy. At the end of 2020, DMIRS reported that the mining of minerals and petroleum yielded AU$174 billion in sales for the state — 94.32 percent of all exports in that year.
Base metals (under which DMIRS includes copper, zinc and lead) accounted for AU$1.4 billion of that total.
Furthermore, Western Australia ranks highly in the Fraser Institute's annual survey of mining companies. The state is the top Australian jurisdiction for investment attractiveness, and comes in fourth worldwide, falling beyond only Nevada, Arizona and Saskatchewan in 2020.
Now on to the companies — below is a list of stocks that are listed on the ASX and are operating in the copper space in Western Australia. All stats were current as of October 11, 2021, and companies are listed in order of market cap from largest to smallest.
1. Rio Tinto
Market cap: AU$155.39 billion; current share price: AU$102.25
As one of the largest miners in the world, it's no surprise that Rio Tinto has a copper pot on the boil in Western Australia, where the company already earns tens of millions in iron ore earnings.
Rio's copper interests in the state are centered on the Winu prospect in the north of Western Australia, which has an inferred mineral resource of 503 million tonnes at 0.45 copper equivalent.
"Study work to date suggests the copper mineralisation supports the development of a relatively shallow open-pit mine, combined with industry-standard processing technology that is used at other Rio Tinto sites," reported the company in mid-2020.
2. Newcrest Mining
Market cap: AU$19.55 billion; current share price: AU$23.87
Newcrest Mining is one of the big players in Western Australian copper. The company is the 100 percent owner of the Telfer gold-copper mine near Port Hedland in the northern portion of the state. Telfer consists of open-pit and underground operations, and produced 16,000 tonnes of copper in 2020, states a 2020 annual report.
3. Sandfire Resources (ASX:SFR)
Market cap: AU$1.93 billion; current share price: AU$5.39
Sandfire Resources owns and operates the DeGrussa copper-gold operations some 900 kilometres north of Perth, Western Australia's capital. The company has two mines on the site: DeGrussa and Monty.
The operations have been humming along nicely since 2012 (having only been discovered in 2009). Degrussa produced 72,238 tonnes of copper in 2020, along with 42,263 ounces of gold.
4. Cyprium Metals
Market cap: AU$107.32 million; current share price: AU$0.19
Cyprium Metals is the owner of the Nifty copper operation, which it bought off Metals X (ASX:MLX,OTC Pink:MLXEF) in March 2021, along with the rest of Metals X's copper assets.
Collectively known as the Paterson projects by Cyprium, the assets are located in the famed Pilbara region. The Nifty mine produced 700,000 tonnes of copper between the time that it opened 1993 and when it was placed into care and maintenance in 2019.
5. Anax Metals (ASX:ANX)
Market cap: AU$32.92 million; current share price: AU$0.09
Anax Metals has an 80 percent interest in the Whim Creek copper project in the Pilbara. Its partner is the well-funded Venturex Resources (20 percent). Anax has a binding royalty agreement with Anglo American (LSE:AAL,OTCQX:AAUKF) for a 1 percent net smelter return for copper and zinc production at the project, which yields the company US$20 million for capital expenses and development.
The project is deep in the development stage, with environmental studies, geotechnical studies and infrastructure assessments underway.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Scott Tibballs, currently hold no direct investment interest in any company mentioned in this article.
Western Australia is best known for its iron and gold output, but copper stocks in the state are making moves as well.
Silver in Australia
When it comes to precious metals, Australia has long punched above its weight — the nation was born riding the wave of a gold rush.
Gold isn't all that glitters through — Australia is also a major global producer of silver. It's among the 10 top producers, and was ranked seventh in 2020, with 1,300 tonnes coming from the many operational mines in the country. By comparison, the world's top producer, Mexico, produced 6,300 tonnes that same year.
Other key players in the silver market are Peru, China and Russia, which produce more silver than Australia, and the US, Argentina and Bolivia, which produce less.
Australia is sitting on quite a lot of the precious metal, with the world's second largest reserves, behind only Peru.
According to Geoscience Australia, one of the country's first mines was a silver-lead mine near Adelaide. Since then, the entire continent has been combed over with a fine-toothed comb, with deposits identified in every state and territory and active mines in every jurisdiction but one (Victoria).
Overall, Australia is well explored when it comes to silver, and since the mid-1800s it's had a constant stream of silver production. Aside from that, the country boasts metals-processing facilities in South Australia that separate the precious metal from its commonly mined counterpart metals, lead and zinc.
Silver companies in Australia
Those looking at the Australian silver market have options. There are plenty of big players with interests in Australian silver, and many smaller players for investors to consider researching too.
Most silver comes from mines dedicated to other metals — Glencore's (LSE:GLEN,OTC Pink:GLCNF) Mount Isa in Queensland produces mainly copper, zinc and lead, but silver is separated by the company's integrated processing streams. Glencore also operates the McArthur mine in the Northern Territory, which is primarily zinc, but between its copper and zinc assets, Glencore produced 7,404,000 ounces of silver in Australia in 2020 — over 200 tonnes.
Elsewhere, BHP (ASX:BHP,NYSE:BHP,LSE:BLT) produces a lot of silver as well at the Olympic Dam operation in South Australia. Perhaps best known for the production of uranium and copper, it also yields significant silver resources to the tune of 984,000 ounces in 2020 (or almost 28 tonnes).
According to Geoscience Australia data from 2016, over 20 mines in Australia produced silver in that year, while there are dozens of other resources identified in each state.
A primary producer of silver is the Cannington mine in Queensland, where South32 (ASX:S32,OTC Pink:SHTLF), a company that was spun off from BHP in 2015, mines silver and lead. Cannington is a big one, producing 11,792,000 ounces in 2020, or 334 tonnes of silver.
Tasmania boasts the Rosebery mine, which has seen 85 years of continuous operations and is currently owned by MMG (ASX:MMG,HKEX:1208). Rosebery, like all the others here, is polymetallic, and besides silver also produces copper, zinc, lead and gold. MMG also has the Dugald River mine in Queensland which also produced silver.
Getting into smaller companies, there are those like New Century Resources (ASX:NCZ) which restarted the Century mine in the Northern Territory for zinc and silver.
The future of silver in Australia
So, you get the picture — there's a lot of silver to be mined in Australia by way of mining everything else.
It's worth noting that because silver operates both as a precious and an industrial metal, and is mined most often alongside base metals, it can be pulled in many directions. However, it traditionally follows (and lags behind) its precious metal sibling, gold, making it a valuable investment commodity to keep an eye on.
Looking forward, the future of the commodity in the land down under — especially given Australia's significant reserves and operator diversity — is as bright as you'd like it, and depends on what investors are most interested in, given the by-product nature of the metal.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Scott Tibballs, hold no direct investment interest in any company mentioned in this article.
Gold isn't all that glitters in the land down under — silver in Australia is a major industry, and the country is home to both large and small players.
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Copper Stocks in Queensland
Queensland is one of the top three Australian jurisdictions for copper.
While it's well behind South Australia, a behemoth in the country for resources and production, Queensland hosts some 12 percent of all known Australian copper deposits, level with its southern neighbour New South Wales.
A premier mining jurisdiction globally, Queensland is ranked third out of all Australian jurisdictions for mining investment attractiveness, according to the Fraser Institute. Globally, it's ranked as the 16th most attractive jurisdiction, sneaking in above BC and the Yukon in Canada, and just behind New Mexico in the US.
The state is renowned for its mining prowess in Australia, and is known as one of the resource states, with a large chunk of its economic heft coming from the mining industry and its operations across the vast state.
Overall, mining accounts for 11.7 percent of Queensland's economy, with coal and liquefied natural gas being the primary focus of output. Together, coal, gas and mineral exports account for over 80 percent of Queensland's exports, according to the state government.
Having said that, copper plays a large role, and Queensland is home to the second biggest producer of copper in Australia in the form of Glencore's (LSE:GLEN,OTC Pink:GLCNF) Mount Isa mining complex in the northwest of the state. There, Glencore owns and operates the Enterprise and X41 mines.
Aside from Mount Isa, Glencore owns the nearby Ernest Henry copper mine. Combined, Glencore's Queensland operations produced 138,800 tonnes of copper in 2020 — accounting for a little over 10 percent of the company's global copper production. Glencore isn't listed on the ASX, but can be found on the LSE.
Besides the Mount Isa complex itself, there's also a handful of other operational mines in the northwestern portion of the state, although most of them are privately owned, such as the Capricorn copper project, which is a joint venture between EMR Capital and Lighthouse Minerals; it secured itself "prescribed project" status in 2017.
Other privately owned projects include Round Oak's Barbara project (in care and maintenance), Chinese-backed CuDECO's Rockland copper project (mothballed, CuDECO in liquidation) and Chinova's Osborne mine — which was originally set up by Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF). There's also the Balcooma mine, which Royal Gold (NASDAQ:RGLD) has copper royalties on, and the privately owned Mount Cuthbert mine.
Many of the mentioned projects ran into trouble in 2020, with the COVID-19 pandemic limiting company operations.
All in all, Queensland has 13 operational copper mines, but as can be seen many are in private hands, making investment opportunities somewhat slim. Aside from previously mentioned Glencore operations, there's Red River Resources (ASX:RVR,OTC Pink:RRRDF), which owns the Thalanga operations near Charters Towers. Red River acquired Thalanga in 2014, and has been working to develop the legacy site back into a viable investment.
From the beginning of production in 2017, the operations have a lifespan of some 10 years, according to Red River, with further development and exploration options on the table. In its most recent quarterly report, Thalanga reported output of 3,086 tonnes of copper concentrate.
The remainder of the options on the table for investors are exploration focused, such as Copper Mountain Mining (ASX:C6C,OTC Pink:CPPMF) with interests in the Eva copper project, which is — unsurprisingly — in the northwest of the state, near the town of Cloncurry. Eva is in the development phase, with a feasibility study completed in early 2020 envisaging a 15 year mine life with an annual expected output of 106 million pounds of copper equivalent.
There's also Global Energy Metals (TSXV:GEMC,OTCQB:GBLEF), which like Glencore isn't on the ASX, but has interests in the Millenium cobalt-copper-gold project and others near Mount Isa — all in the exploration stage.
Aside from that, Strategic Energy Resources (ASX:SER) acquired exploration licences from Newcrest Mining (ASX:NCM,OTC Pink:NCMGF) in May 2021 for licences around Mount Isa, and Zenith Minerals (ASX:ZNC) is exploring the Develin Creek copper-zinc project. Zenith recently divested from another copper project, Flannagans, in June 2021 by selling its interests to a private company for $450,000.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Scott Tibballs, currently hold no direct investment interest in any company mentioned in this article.
Queensland is the 16th most attractive jurisdiction in the world, sneaking in above BC and the Yukon in Canada, and just behind New Mexico in the US.
Graphite in Australia
Graphite has been growing in popularity in recent years as its applications as a battery mineral are realised, and as the popularity of electric vehicles grows around the world.
A form of carbon, graphite is a good conductor and is invaluable in electronics. It comes in three different forms, each with their own valuable applications in modern technology, making it a sought-after commodity without which supply lines for many industries around the world would grind to a halt.
Graphite isn't produced in Australia (yet), but the country sits on 1.05 million tonnes of ore reserves, and 7.14 million tonnes of economic demonstrated resources (EDR), as per 2017 government data — and those numbers are way up from the previously disclosed data from Canberra in 2013.
For reference, global production of graphite is relatively small — 1.1 million tonnes were produced around the world in 2020, with the lion's share (650,000 tonnes) coming from China.
But back to Australia, whose graphite reserves and EDR are shared between three states: Queensland, with 1.32 million tonnes EDR, South Australia, where 4.72 million tonnes EDR can be found, and Western Australia, which is home to 1.1 million tonnes EDR.
Exploration is on the up in Australia and around the world for graphite, with demand for the mineral set to grow thanks almost solely to the proliferation of electric vehicles.
The Australian government is cognizant of this development, reporting that it is confident interest in the mineral will not only remain high, but will increase as time goes on. In fact, graphite is classified by the nation's government as a critical mineral, and the country has dedicated significant resources to researching market gaps and opportunities available.
Graphite in Australia: Potential producers
The government has identified five projects between Western Australia and South Australia that have the potential to bring Australia to the table when it comes to production.
However, as of the most recent government report, none of them are producing. One asset is being explored, another is in the prefeasibility stage and the remaining three are in the feasibility stage.
The most developed projects appear to be Mineral Commodities' (ASX:MRC) Munglinup project in Western Australia, where a definitive feasibility study was completed in early 2020, with a final investment decision targeted in 2023, and Renascor Resources' (ASX:RNU) Siviour project on the Eyre Peninsula in South Australia, which has a final investment decision slated for 2022.
Renascor has hopes for production to begin by the end of 2023, and has signed memorandums of understanding for 100 percent offtake agreements. The company boasts that Siviour, which had a definitive feasibility study completed recently — is the world's second largest proven reserve of graphite, and the largest graphite reserve outside of Africa.
For its part, the Munglinup project in Western Australia is Mineral Commodities' second major graphite project, behind its flagship Skaland project in Norway. Munglinup is in the far south of Western Australia, near the port city of Esperance — giving it fantastic transport options.
Both Munglinup and Siviour, if they proceed in coming years, would produce 132,000 tonnes of graphite between them in the early stages — putting Australia well and truly on the leaderboard globally when it comes to graphite production.
The remaining projects — though not as developed or as far along with investment planning — would add another 178,000 tonnes of graphite production if they are constructed as envisaged.
As boasted by the Australian government, "the only direction for Australia's graphite production is up" — though that is indeed a reflection of the fact that current graphite production is exactly zero.
More broadly, Australia is positioning itself to take advantage of wider industry gains across the electric vehicle market, and to present itself as a reliable trading partner. Graphite, like rare earths, is classed a critical mineral by both Australia and the US — and its use extends beyond technology and into national security as well given its applications as a heat-resistant material.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Scott Tibballs, hold no direct investment interest in any company mentioned in this article.
Australia isn't a producer of graphite (yet), but three states in the country are home to millions of tonnes of reserves and resources.
Copper Stocks in New South Wales
With around 13 percent of Australia's economic demonstrated copper resources, New South Wales is one of the country's premier jurisdictions for the exploration, mining and export of the red metal.
Though it's well behind the top jurisdiction — South Australia, which almost totally dominates resources and output (69 percent) — New South Wales is unique in that it is home to dozens of smaller projects either in the exploration, development or production stages.
In 2018, AU$260 million was spent on copper exploration across Australia, well up on 2017, and a decent chunk of that was spent in New South Wales, which according to the state government, is home to up to 40 companies that are sniffing around the state looking for the next big deposit.
Besides the exploration happening, New South Wales is also home to some of the largest copper reserves in the country, such Northparkes and Cadia East, which are owned by China Molybdenum (HKEX:3993,OTC Pink:CMCLF) and Newcrest Mining (ASX:NCM,OTC Pink:NCMGF), respectively.
There are nine areas of copper-mining operations in the state, and between them they host 18 individual mine sites, making the state a tried-and-trusted jurisdiction for the mineral and investment.
Operations are clustered primarily in the central area of the state, between the outback cities of Broken Hill and Dubbo, but copper occurrences stretch across almost the entire state.
According to the Fraser Institute's most recent survey of mining companies, New South Wales is one of the less attractive jurisdictions, coming fifth out of seven in terms of Australian jurisdictions ranked by the Canadian think-tank — but the state has improved its standing considerably since 2016, and now outranks famed copper-producing jurisdiction Chile when it comes to investment attractiveness.
Those looking to invest in copper stocks in New South Wales have many options open to them given the plethora of companies operating there, as well as the increasingly rosy outlook for copper when it comes to global consumption and exploration heading into the age of electrification.
Tools to learn how to invest on the ASX and in New South Wales are freely available online through the ASX website — and to make it even easier, here's a little starter.
Copper stocks in New South Wales
As mentioned, there are multiple companies either operating or developing copper mines in New South Wales, with even more rolling their sleeves up and exploring. Here's a look at ASX-listed copper stocks in New South Wales organized by market cap from largest to smallest.
1. Newcrest Mining
Market cap: AU$23.15 billion; current share price: AU$28.33
By far the largest ASX-listed company with interests in New South Wales copper, Melbourne-headquartered Newcrest Mining's flagship operation is Cadia Valley in Central New South Wales.
Made up of two underground mines (Cadia East and Ridgeway), the Cadia operation is a gold-copper mine. In the 2020 financial year, Cadia produced 96,000 tonnes of copper, making it the company's main source of copper globally. Newcrest also holds interests in copper in British Columbia (Red Chris) and Western Australia (Telfer), both of which are also gold-copper focused.
2. Aeris Resources (ASX:AIS)
Market cap: AU$421.59 million; current share price: AU$0.22
An explorer and an operator, Aeris Resources is the owner of the Tritton copper operation in Central New South Wales, which produced 5,270 tonnes in the March quarter of 2021, with annual production above 20,000 tonnes per year.
Tritton has been active since 2004, with the company touting multiple future development prospects ahead for the overall operation, extending its mine life significantly. Tritton sits on a large deposit of copper of up to 750,000 tonnes, meaning that while annual production is modest, it is reliable and has a long future ahead. Exploration around the area is ongoing.
3. Aurelia Metals (ASX:AMI)
Market cap: AU$450.68 million; current share price: AU$0.36
Aurelia Metals is the owner of the Peak mine in Central New South Wales, a polymetallic operation primarily focused on gold, but with copper, lead and zinc by-products. Output of copper in 2019 came to 4,267 tonnes. Overall, the company's three operations in New South Wales are centred on gold, but the presence of copper in polymetallic deposits in the state makes Aurelia a fairly typical investment prospect.
4. Heron Resources (ASX:HRR)
Market cap: AU$18.9 million; current share price: AU$0.05
A significantly smaller company than the others on this list, Heron Resources was the developer of the Woodlawn zinc-copper-lead project in Southern-Central New South Wales.
The project was in development for five years and began production in late 2019, but was suspended in early 2020 due to the COVID-19 pandemic. The project remains in care and maintenance, according to the company's most recent quarterly report.
An honourable mention for copper investment opportunities in New South Wales goes to international company Glencore (LSE:GLEN,OTC Pink:GLCNF), which owns the CSA mine near Cobar. The CSA mine is one of Australia's highest-grade copper deposits, as per the company.
More broadly, Glencore is the second largest producer of copper in Australia, with interests in Queensland giving it that crown. Glencore, however, is not listed on the ASX.
For more on Australia's copper landscape, click the links below:
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Scott Tibballs, currently hold no direct investment interest in any company mentioned in this article.
Multiple companies are either operating or developing copper mines in New South Wales. Here's a look at copper stocks in New South Wales by market cap.
