
Glencore to close Mount Isa Mines after 60 years
After 60 years of copper mining, Glencore is set to close the Mount Isa Mines underground copper operations (Enterprise, X41 and Black Rock) and copper concentrator in H2 2025. Mount Isa Mines’ other metals assets including the copper smelter, George Fisher mine, zinc-lead concentrator and lead smelter in Mount Isa, plus the copper refinery in Townsville, will continue operating. Glencore conducted a range of studies and reviews to further extend the life of the mines but unfortunately it has not been possible, and they have reached the end of mine life. These studies also revealed that the remaining mineral resources aren’t economically viable due to low ore grades, there are areas where safe extraction can’t be achieved and ageing infrastructure.…









