CSA Copper: Pillar of the community
THE CSA Copper mine has had almost continuous production since 1871 and, owned by Glencore through Cobar Management Pty Ltd, it produces more than 1.1mt of copper, as well as more than 185,000t of copper concentrate per annum at around 27pc copper metal, which is exported to smelters in India, China and South East Asia. In March of this year, rumours circulated that Aurelia Metals Limited was interested in acquiring CSA Mines. During Aurelia’s March quarter conference call, the company expressed that CSA could potentially be a strategic fit and that further consolidation in the Cobar region was attractive following Aurelia’s successful acquisition of Peak gold mine in 2018. In April Aurelia released a statement confirming that preliminary discussions with...