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Our Rich History

Our Rich History

Mt Cuthbert Group – Our History

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1867

Ernest Henry discovers copper.

1912-1917

1912-1917

Mt Cuthbert Township and Smelter

1918

1918

Mt Cuthbert mine & township population reaches 750.

1921

World copper market collapse.

1942

Mt Elliot Co. sold to Mt Isa Mines for 900 pounds.

1949

Rail line to Mt Cuthbert closed.

1996

Current project developed and commissioned by Murchison United NL.

2003

Matrix Metals acquire Mt Cuthbert & Mt Earl to form current Leichhardt project.

2008

Global financial crisis.

Matrix Metals went into Receivership and Leichhardt Project was placed into Care and Maintenance by the Receivers Managers.

2010

Cape Lambert acquires the Leichhardt project.

2013

Malaco Mining acquires project to form Malaco Leichhardt.

2014

2014

Significant investment was injected into the project to make the mine and processing site operational. This included the establishment of storm ponds, a diesel power station, mining infrastructure to further develop the MCR Tenements to increase resources. Since the re-commencement of production in 2014, the copper cathode produced and sold by MCR is 17,218 tonnes.

2017

2017

14,000 tonnes of copper produced from Mt Watson

2019

Malaco Leichhardt partnered with Dragon Field (DFIL) & YGL to raise additional investment for further drilling and exploration work, which included developing and determining the amount of resource within the Crusader Resource. Once the resource was developed, 300,000 tonnes of high-grade sulphide ore was mined from the Crusader Resource. Malaco Leichhardt renamed as Mt Cuthbert Resources (“MCR”) in recognition of the MCR Project’s historical copper mining significance in Queensland, Australia.

2020

2020

Copper Resources Australia acquired the Rocklands site in December.
Since the purchase and taking over the management of the Rocklands Mine, CRA has invested heavily in identifying technical and operational issues and took approximately 12 months to rectify such issues, during which time CRA grew from two (2) employees to 160 employees and successfully produced its first commercial grade of copper concentrate in November 2021.

2021

2021

Mt Cuthbert Group includes Mt Cuthbert Resources & Copper Resources Australia. Since the re-commissioning of the production facilities of CRA in November 2021, up until August 2022, our Group has produced and sold approximately 19,716 tonnes of copper concentrate. Present - Both MCR and CRA have a unique position whereby each have processing facilities for copper oxide and sulphide ores respectively. This is a key strategic driver which allows our Group to produce copper products from our assets regardless of the copper ore type, which can be transported to either project site for processing. Currently, we are the only copper mining company in Queensland which has such synergistic processing capabilities.

Mt Cuthbert Group
Links
    Mt Cuthbert Resources
    Copper Resources Australia (Rocklands)
      Mt Cuthbert Resources
      Copper Resources Australia (Rocklands)