Copper Mining Projects Ranked by NPV
After-tax NPV, IRR, initial capex, mine life and AISC for 44 copper projects across 32 companies, extracted from technical reports and ranked. Sort any column to compare copper developers and producers.
| # | Project / Company | Study | ||||||
|---|---|---|---|---|---|---|---|---|
| 1 | Warintza Solaris Resources Inc. (SLS.TO) | Copper | Pre-Feasibility Nov 2025 | $4.60B | 26% | $3.68B | 22 yrs | 1.1 USD/lb |
| 2 | Gibraltar Copper Mine Taseko Mines Limited (TGB) | Copper | Production Mar 2022 | C$3.40B | — | — | 19 yrs | — |
| 3 | Los Azules McEwen Mining Inc. (MUX.TO) | Copper | Feasibility Sep 2025 | $2.94B | 19.8% | $3.17B | 21 yrs | 2.1 USD/lb Cu |
| 4 | Pebble Northern Dynasty Minerals Ltd. (NDM.TO) | Copper | PEA 2023 | $2.23B | 16.2% | $3.12B | 20 yrs | — |
| 5 | Berg Project Surge Copper Corp. (SURG.V) | Copper | PEA Jun 2023 | C$2.08B | 20% | C$1.97B | 30.4 yrs | 0.8 C$/lb Cu |
| 6 | Altar Project Aldebaran Resources Inc. (ALDE.V) | Copper | PEA Sep 2025 | $2.01B | 20.5% | $1.59B | — | 2.6 USD/lb Cu |
| 7 | Yellowhead Copper Project Taseko Mines Limited (TGB) | Copper | Feasibility Jun 2025 | C$2.00B | — | C$2.00B | 25 yrs | — |
| 8 | Gunnison Project Gunnison Copper Corp. (GCU.TO) | Copper | PEA Mar 2026 | $1.96B | 22.5% | $1.56B | 21 yrs | 2.1 USD/lb Cu |
| 9 | Santo Tomás Oroco Resource Corp. (OCO.V) | Copper | PEA Aug 2024 | $1.48B | 22.2% | $1.10B | 22.6 yrs | — |
| 10 | Santo Tomás Porphyry Copper Project Oroco Resource Corp. (OCO.V) | Copper | PEA Aug 2024 | $1.48B | 22.2% | $1.10B | 22.6 yrs | — |
| 11 | Arctic Project Trilogy Metals Inc. (TMQ.TO) | Copper | Feasibility Jan 2023 | $1.11B | 22.8% | $1.18B | 13 yrs | 1.6 USD/lb Cu Payable |
| 12 | Copper World Arizona Sonoran Copper Company (ASCU.TO) | Copper | Pre-Feasibility | $1.10B | 19% | $1.30B | 20 yrs | — |
| 13 | Copper World Hudbay Minerals Inc. (HBM.TO) | Copper | Pre-Feasibility 2023 | $1.10B | 19% | $1.30B | 20 yrs | — |
| 14 | Moonlight-Superior Copper Project US Copper Corp. (USCU.V) | Copper | PEA Jan 2025 | $1.07B | 23% | $956M | — | 2.5 USD/lb Cu Produced |
| 15 | Yandera Copper Project Freeport Resources Inc. (FRI.V) | Copper | Pre-Feasibility Nov 2017 | $1.04B | 23.5% | $930M | 20 yrs | 2 USD/lb Cu |
| 16 | Opemiska XXIX Metal Corp. (XXIX.V) | Copper | PEA Oct 2025 | $1.00B | 47% | — | 17 yrs | — |
| 17 | Florence Copper Taseko Mines Limited (TGB) | Copper | Feasibility Mar 2023 | $930M | 47% | $275M | 22 yrs | — |
| 18 | Copper Creek Faraday Copper Corp. (FDY.TO) | Copper | PEA May 2023 | $713M | 15.6% | $798M | 32 yrs | 1.9 USD/lb |
| 19 | Marimaca Oxide Deposit (MOD) Marimaca Copper Corp. (MARI.TO) | Copper | Feasibility Aug 2025 | $709M | 31% | $587M | 13 yrs | 2.3 USD/lb Cu |
| 20 | Yerington Copper Project Lion Copper and Gold Corp. (LEO.CN) | Copper | Pre-Feasibility Aug 2025 | $694M | 14.6% | $724M | 12 yrs | 2.7 USD/lb payable |
| 21 | Van Dyke Copper Fox Metals Inc. (CUU.V) | Copper | PEA Dec 2020 | $645M | 43.4% | $291M | 17 yrs | 1.1 USD/lb |
| 22 | Copperwood Highland Copper Company Inc. (HI.V) | Copper | Feasibility May 2022 | $507M | 33.4% | $391M | 11 yrs | — |
| 23 | Minera Valle Central (MVC) – Cauquenes Phase Two Expansion Amerigo Resources Ltd. (ARG.TO) | Copper | PEA Dec 2016 | $480M | — | $30M | 21 yrs | — |
| 24 | Bornite Project Trilogy Metals Inc. (TMQ.TO) | Copper | PEA Jan 2025 | $394M | 20% | $503M | 17 yrs | 3.4 USD/lb Cu Payable |
| 25 | Condestable Mine (Condestable & Raúl) Rio2 Limited (RIO.TO) | Copper | Feasibility Apr 2024 | $386M | — | — | 13.2 yrs | — |
| 26 | Condestable Mine Rio2 Limited (RIO.TO) | Copper | Feasibility Feb 2024 | $346M | — | — | — | 2.3 USD/lb |
| 27 | Entrée/Oyu Tolgoi Joint Venture Project – Hugo North Extension Lift 2 Entrée Resources Ltd. (ETG.TO) | Copper | PEA Oct 2021 | $306M | — | $1.82B | — | — |
| 28 | Minera Valle Central (MVC) - Cauquenes Expansion Project Amerigo Resources Ltd. (ARG.TO) | Copper | Feasibility Jan 2014 | $279M | — | $140M | — | — |
| 29 | El Domo Silvercorp Metals Inc. (SVM.TO) | Copper | Feasibility 2021 | $259M | 32% | $284M | 10 yrs | 1.3 USD/lb CuEq |
| 30 | Zonia World Copper Ltd. (WCU.V) | Copper | PEA Mar 2018 | $192M | 29% | — | 8.6 yrs | — |
| 31 | Caribou Complex / Murray Brook Deposit Puma Exploration Inc. (PUMA.V) | Copper | PEA 2025 | C$171M | 36% | — | — | — |
| 32 | Entrée/Oyu Tolgoi Joint Venture Project – Hugo North Extension Lift 1 Entrée Resources Ltd. (ETG.TO) | Copper | Feasibility Oct 2021 | $131M | — | — | — | 1.3 USD/lb payable copper |
| 33 | Puquios Camino Minerals Corporation (COR.V) | Copper | Pre-Feasibility 2025 | $118M | 23.4% | $142M | 14.2 yrs | 1.7 USD/lb Cu |
| 34 | Black Butte Copper Project - Johnny Lee Deposit Sandfire Resources America Inc. (SFR.V) | Copper | Pre-Feasibility Dec 2025 | $99M | 11.3% | $474M | 8 yrs | 2.8 USD/lb |
| 35 | Johnny Lee Deposit - Black Butte Copper Project Sandfire Resources America Inc. (SFR.V) | Copper | Pre-Feasibility Dec 2025 | $99M | 11.3% | $474M | 8 yrs | 2.8 USD/lb |
| 36 | Black Butte Copper Project Sandfire Resources America Inc. (SFR.V) | Copper | Pre-Feasibility Nov 2025 | $99M | 11.3% | $474M | — | — |
| 37 | Mantoverde Optimized (MV-O) Capstone Copper Corp. (CS.TO) | Copper | Feasibility Oct 2024 | — | — | $176M | — | — |
| 38 | Johnson Camp Mine Gunnison Copper Corp. (GCU.TO) | Copper | — | — | — | $143M | — | — |
| 39 | Santo Domingo Capstone Copper Corp. (CS.TO) | Copper | Feasibility Jul 2024 | — | 24% | — | — | — |
| 40 | Nussir Blue Moon Metals Inc. (MOON.V) | Copper | Feasibility Apr 2026 | — | — | $180M | 17 yrs | — |
| 41 | Highland Valley Copper (HVC) Mine Life Extension Teck Resources Limited (TECK) | Copper | — | — | — | C$2.10B | — | — |
| 42 | Vicuña District (Josemaria & Filo del Sol) Lundin Mining Corporation (LUN.TO) | Copper | PEA Feb 2026 | — | 14.8% | $7.10B | 70 yrs | 0.5 USD/lb Cu |
| 43 | Los Chancas Southern Copper Corporation (SCCO) | Copper | — | — | — | $2.60B | — | — |
| 44 | Michiquillay Southern Copper Corporation (SCCO) | Copper | — | — | — | $2.50B | 25 yrs | — |
Figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found — they may contain errors. Always verify against the original source document before making any investment decision. Back to all project economics.