C29 Metals Limited
C29.AX
Australian Securities Exchange0.01
AUD
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C29 Metals Limited
C29.AX
(Australian Securities Exchange)
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0.01
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div
yld
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ROIC.AI
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- Business
- C29 Metals Limited (ASX:C29) is a mineral exploration company focused on the identification, exploration, and development of copper, gold, and base metal assets primarily in Australia. The company holds a portfolio of projects including the Mayfield Copper & Gold Project in Queensland; the Sampsons Tank Project in New South Wales; the Reedy Creek Project; the Torrens Projects; and the Stadlers Project, with exploration activities underway at Mayfield following a strategic refocus on copper and gold in mid-2025. It operates across two segments comprising minerals exploration in Australia and Kazakhstan, targeting deposits of copper, gold, and previously uranium and lithium. Founded in 2020 and headquartered in West Perth, Western Australia, C29 Metals conducts greenfield and advanced exploration to advance prospective mineral resources for potential development. The company serves investors and stakeholders in the mining sector through systematic acquisition and evaluation of high-potential tenements in established mining regions. In recent developments, C29 Metals shifts focus to its Australian copper and gold assets, including active exploration at the Mayfield project as of July 2025; enters a joint venture with Bask International Group Ltd in May 2025 to expand copper and gold exploration in Kazakhstan; and previously pursued uranium via the acquisition of the Ulytau Uranium Project and agreement to acquire the Jusandalinskoye Uranium Project in 2024 before the strategic pivot. These moves reflect ongoing operational changes, including director share issuances in early 2025 and a emphasis on advanced exploration opportunities.