Kantra Copper Lifts South Australia Mine Ore Reserve 31%; Shares Up 4%

MT Newswires Live10-27 12:12

Kantra Copper (ASX:KAN) said ore reserves for this year at its Kanmantoo copper mine in South Australia grew 31% from a year earlier, according to a Tuesday Australian bourse filing.

Ore reserves stood at 5.2 million tonnes grading 0.9% copper and 0.2 gram per tonne gold containing 44,000 tonnes of copper and 33,000 ounces of gold.

In addition, contained copper rose 30%, and contained gold grew 14%, per the filing.

Mineral resources for the year clocked in at 27 million tonnes grading 0.7% copper and 0.17 gram per tonne gold containing 190,000 tonnes of copper and 150,000 ounces of gold, Kantra Copper said.

Total resource tonnes climbed 22% from 2025, contained copper jumped 18%, and contained gold surged 25%, the filing added.

Kantra Copper shares rose past 4% in recent Tuesday trade.

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