As copper prices continue make new 10-year highs, investors are turning their attention to the top copper mining companies in order to gain exposure to what could be a further move to the upside. Below is a list of the top copper mining companies based on their percentage of revenue from copper production:
1) KINCORA COPPER (TSX.V: KCC) (ASX: KCC)
Kincora Copper is an active explorer and project generator focused on world-class copper-gold discoveries with the near term ambition to become the leading listed pure play explorer in what we believe is one of the most significant gold rich porphyry regions in the world, the Lachlan Fold Belt ("LFB") of Australia. The Company has assembled a leading technical team that it considers to be industry leading, who have made multiple Tier 1 copper discoveries, have "skin in the game" equity ownership and are backed by a strong institutional shareholder base and recently Australian capital market investors through a dual listing on the Australian Securities Exchange.
2) ERO COPPER (TSX: ERO)
Ero Copper operates the MCSA Mining Complex located in northeastern Bahia State, Brazil. The complex consists of fully integrated underground mining, open pit mining and processing facilities.
3) HUDBAY MINERALS (NYSE: HBM)
Hudbay Minerals is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan and Cusco, Peru, and copper projects in Arizona and Nevada.
4) COPPER MOUNTAIN MINING (TSX: CMMC)
Copper Mountain Mining's flagship asset is the 75% owned Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine currently produces approximately 100 million pounds of copper equivalent, with average annual production expected to increase to approximately 140 million pounds of copper equivalent. Copper Mountain also has the development-stage Eva Copper Project in Queensland, Australia and an extensive 2,100 km2 highly prospective land package in the Mount Isa area.
5) CAPSTONE MINING (TSX: CS)
Capstone Mining operates two producing mines: the Pinto Valley copper mine located in Arizona, US and the Cozamin copper-silver mine in Zacatecas State, Mexico. Additionally, Capstone owns 70% of Santo Domingo, a large scale, fully permitted, copper-iron-gold project in Region III, Chile, in partnership with Korea Resources Corporation. Capstone's strategy is to focus on the optimization of operations and assets in politically stable, mining-friendly regions, centred in the Americas.
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