Company Overview

Company Overview

Sandfire Resources is an Australian mining and exploration company which is listed on the Australian Securities Exchange (ASX Ticker: SFR).

With a strong operational base and a clear strategy to grow into an international and diversified sustainable mining company, our business is underpinned by a demonstrated commitment to the highest standards of safety, responsibility and sustainability. This dedication has been recognised through receipt of numerous awards including: Prospectors of the Year; Best Australian Explorer; Developer of the Year; Hard Rock Mine of the Year; and in 2019, the Golden Gecko Award for Environmental Excellence.

We have firmly established a reputation as a consistent and reliable performer, with ten successive years of safe and profitable operations from our flagship DeGrussa Copper-Gold Mine, located 900km north of Perth in Western Australia.

The strong cash-flows generated by DeGrussa have provided us with the platform to grow and diversify, not just in Australia but now across the globe through the development of new long-life copper projects in Botswana and the USA. 

The Motheo Copper Mine, located in the world-class Kalahari Copper Belt in Botswana is on-track for first production by mid-2023 and is expected to form the centrepiece of a major, new long-term operational hub for Sandfire in the Kalahari Copper Belt.

Meanwhile, our 87%-owned Black Butte Copper Project in Montana, USA is also moving toward key decision points on financing and development following the receipt of all outstanding permits and the completion of a positive Feasibility Study for the development of the Johnny Lee Copper Deposit.

With development and exploration activities ramping up at both Motheo and Black Butte, Sandfire will soon be operating across three continental zones – Asia-Pacific, EMEA (Europe, Middle East, Africa) and The Americas. This represents an exceptional base from which to progress its vision to build an international diversified and sustainable mining company.