Motheo

Open pit copper-silver complex comprising the T3 and A4 mines. Located in the central portion of the Kalahari Copper Belt in Botswana. The operation produces a high-quality copper concentrate containing a silver by-product from its centralised processing facility that is transported by truck to Walvis Bay, Namibia, for shipping to smelters around the world. First ore was extracted from the A4 open pit in early December 2024. An infill and extension drilling program commenced at the A1 deposit during FY25, designed to establish a maiden reserve in Q4 FY26.