Hillgrove Resources (ASX:HGO) is a growing ASX-listed Australian copper producer with its heart in South Australia.
Located in the majestic Adelaide Hills, only 55km from the Adelaide CBD, Hillgrove has operated since 2005 and completed open pit mining at Kanmantoo in 2020. In 2023 we commenced development of our underground mine and in 2024 completed our transition to underground copper production.
Our operation is well capitalised with a 3-3.6Mtpa processing plant, with permitted surface infrastructure in place.
Hillgrove is also testing the next suite of high potential targets.
In addition to the Kanmantoo operation, we have a large land holding of granted Exploration Licences in South-eastern South Australia which are highly prospective for the discovery of economic copper deposits within a variety of geological settings (“South Eastern Copper Project”).
Our Strategy
Balanced Profile
Multi-asset, Australian copper producer
Growth
Demonstrate growth – organic and inorganic
Asset Quality
Improving asset quality through each transaction
Financial Strength
Achieve portfolio and growth objectives wile retaining financial strength
Reputation
Deliver on promises: operating capacity; stakeholder, investor and ESG responsibilities
Hillgrove Resources’ goal is to supply Australia and the global economy with critical minerals for a sustainable future.
Building on our long legacy of environmental stewardship and positive stakeholder engagement, we are primed to grow our resource and deliver value to our shareholders.
Our history means the ore body and metallurgy is well known and understood. As a result, we are achieving stability and a consistent performance to deliver on expectations from initial exploration.
We have developed strong operating experience with award winning positive stakeholder engagement, built up extensive technical knowledge about the region’s geological setting and mineral prospectivity, and become an active member of the South Australian mining and exploration community.
Through building a track record of predictable and reliable operational delivery, Hillgrove is on track to achieving our ultimate vision: to become a mid-tier, multi-asset Australian copper producer, unlocking value for a sustainable future.
Timeline
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First mining activity in the region by early settlers
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Discovery of main deposit and first developed by Kanmantoo Mines Ltd
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Hillgrove operations commenced at Kanmantoo
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Open-pit mining
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Underground development commenced
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Transition to underground mine copper producer