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6 Pages

The real Tier-1 copper mines

The real Tier-1 copper mines

Report summary

Real Tier-1 mines need to be low cost, large and long life; and as such, they are relatively rare. We have examined which copper mines plot in our 'Tier-1 quadrant' – bottom half of the cost curve and greater than twice average production size. Twenty two mines fall in the quadrant based on 2016 cost and production estimates; only 9% of the global dataset. Filtering this group to those operations with an overall copper resource of more than twice the global average brings the number down to a select group of just 15. 

What's included?

This report includes 2 file(s)

  • The real Tier-1 copper mines PDF - 311.16 KB 6 Pages, 2 Tables, 4 Figures
  • Tier 1 Copper mines 2016 data.xls XLS - 228.50 KB


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  • Executive summary
  • Tier-1 definition – low cost, large, long life
  • Resource size is also key
  • Path to ownership
  • Conclusion

In this report there are 6 tables or charts, including:

  • Executive summary
  • Tier-1 definition – low cost, large, long life
    • Chart 1: All copper mines 2016
    • Chart 2: Tier-1 quadrant copper mines 2016
  • Resource size is also key
    • Chart 3: Large resource Tier-1 mines
    • Table: Large resource Tier-1 mines
    • Chart 4: All copper mines 2016 with relative resource ratio
  • Path to ownership
  • Conclusion
    • Appendix: 2016 Tier -1 copper mine ownership
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