Copper Mining Projects Ranked by NPV
After-tax NPV, IRR, initial capex, mine life and AISC for 47 copper projects across 30 companies, extracted from technical reports and ranked. Sort any column to compare copper developers and producers.
47 of 47 projects
| # | 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 | Berg Copper Project Surge Copper Corp. (SURG.V) | Copper | Pre-Feasibility Jun 2026 | C$4.59B | 23.8% | C$4.68B | 27.7 yrs | — |
| 3 | Buenavista del Cobre (BVC) Southern Copper Corporation (SCCO) | Copper | Pre-Feasibility Dec 2021 | $3.70B | — | $5.30B | 30 yrs | — |
| 4 | Gibraltar Copper Mine Taseko Mines Limited (TGB) | Copper | Production Mar 2022 | C$3.40B | — | — | 19 yrs | — |
| 5 | Los Azules McEwen Mining Inc. (MUX.TO) | Copper | Feasibility Sep 2025 | $2.94B | 19.8% | $3.17B | 21 yrs | 2.1 USD/lb Cu |
| 6 | Pebble Project Northern Dynasty Minerals Ltd. (NDM.TO) | Copper | PEA 2023 | $2.23B | 16.2% | $3.12B | 20 yrs | — |
| 7 | Altar Project Aldebaran Resources Inc. (ALDE.V) | Copper | PEA Sep 2025 | $2.01B | 20.5% | $1.59B | — | 2.6 USD/lb Cu |
| 8 | Yellowhead Copper Project Taseko Mines Limited (TGB) | Copper | Feasibility Jun 2025 | C$2.00B | — | C$2.00B | 25 yrs | — |
| 9 | La Caridad Southern Copper Corporation (SCCO) | Copper | Resource Estimate Dec 2024 | $2.00B | — | $4.50B | 58 yrs | — |
| 10 | Gunnison Project Gunnison Copper Corp. (GCU.TO) | Copper | PEA Mar 2026 | $1.96B | 22.5% | $1.56B | 21 yrs | 2.1 USD/lb Cu |
| 11 | Cuajone Operations Southern Copper Corporation (SCCO) | Copper | Feasibility Feb 2025 | $1.79B | — | — | 50.4 yrs | — |
| 12 | Santo Tomás Oroco Resource Corp. (OCO.V) | Copper | PEA Aug 2024 | $1.48B | 22.2% | $1.10B | 22.6 yrs | 2 USD/lb Cu |
| 13 | Costa Fuego Hot Chili Limited (HCH.V) | Copper | Pre-Feasibility Mar 2025 | $1.20B | 19% | $1.27B | 20 yrs | 1.4 USD/lb Cu |
| 14 | Copper World Arizona Sonoran Copper Company (ASCU.TO) | Copper | Pre-Feasibility | $1.10B | 19% | $1.30B | 20 yrs | — |
| 15 | Moonlight-Superior Copper Project US Copper Corp. (USCU.V) | Copper | PEA Jan 2025 | $1.07B | 23% | $956M | — | 2.5 USD/lb Cu Produced |
| 16 | Yandera Copper Project Freeport Resources Inc. (FRI.V) | Copper | Pre-Feasibility Nov 2017 | $1.04B | 23.5% | $930M | 20 yrs | — |
| 17 | Florence Copper Taseko Mines Limited (TGB) | Copper | Feasibility Mar 2023 | $930M | 47% | $275M | 22 yrs | — |
| 18 | La Caridad (LC) Southern Copper Corporation (SCCO) | Copper | Pre-Feasibility Feb 2022 | $927M | — | $737M | — | — |
| 19 | Copper Creek Faraday Copper Corp. (FDY.TO) | Copper | PEA May 2023 | $713M | 15.6% | $798M | 32 yrs | 1.9 USD/lb |
| 20 | Marimaca Oxide Deposit (MOD) Marimaca Copper Corp. (MARI.TO) | Copper | Feasibility Aug 2025 | $709M | 31% | $587M | 13 yrs | 2 USD/lb Cu |
| 21 | 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 |
| 22 | Tia Maria Copper Project Southern Copper Corporation (SCCO) | Copper | Feasibility Mar 2022 | $676M | 16.6% | $1.75B | 20 yrs | — |
| 23 | Minera Valle Central (MVC) – Cauquenes Phase Two Expansion Amerigo Resources Ltd. (ARG.TO) | Copper | PEA Dec 2016 | $480M | — | $30M | 21 yrs | — |
| 24 | El Arco Project Southern Copper Corporation (SCCO) | Copper | Pre-Feasibility Mar 2022 | $475M | 12.1% | — | 35 yrs | — |
| 25 | Condestable Mine (Condestable & Raúl) Rio2 Limited (RIO.TO) | Copper | Feasibility Apr 2024 | $386M | — | — | 13.2 yrs | — |
| 26 | Toquepala Southern Copper Corporation (SCCO) | Copper | Feasibility Feb 2025 | $374M | — | — | 41.2 yrs | — |
| 27 | Condestable Mine Rio2 Limited (RIO.TO) | Copper | Feasibility Feb 2024 | $346M | — | — | — | 2.3 USD/lb |
| 28 | Entrée/Oyu Tolgoi Joint Venture Project – Hugo North Extension Lift 2 Entrée Resources Ltd. (ETG.TO) | Copper | PEA Oct 2021 | $306M | — | $1.82B | — | — |
| 29 | Minera Valle Central (MVC) - Cauquenes Expansion Project Amerigo Resources Ltd. (ARG.TO) | Copper | Feasibility Jan 2014 | $279M | — | $140M | — | — |
| 30 | Mantoverde Pyrite Augmentation Capstone Copper Corp. (CS.TO) | Copper | — | $200M | — | $45M | — | — |
| 31 | Zonia World Copper Ltd. (WCU.V) | Copper | PEA Mar 2018 | $192M | 29% | — | 8.6 yrs | — |
| 32 | Caribou Complex / Murray Brook Deposit Puma Exploration Inc. (PUMA.V) | Copper | PEA 2025 | C$171M | 36% | — | — | — |
| 33 | Copperwood Highland Copper Company Inc. (HI.V) | Copper | Feasibility 2023 | $168M | 18% | $391M | 11 yrs | 2 USD/lb |
| 34 | Van Dyke Copper Project Copper Fox Metals Inc. (CUU.V) | Copper | Resource Estimate Jan 2020 | $150M | 27.9% | $291M | 11 yrs | 1.1 USD/lb |
| 35 | Black Butte Copper Project Sandfire Resources America Inc. (SFR.V) | Copper | Pre-Feasibility Jul 2026 | $126M | 13.3% | $474M | 12 yrs | 3 USD/lb |
| 36 | Puquios Camino Minerals Corporation (COR.V) | Copper | Pre-Feasibility 2025 | $118M | 23.4% | $142M | 14.2 yrs | 1.7 USD/lb Cu |
| 37 | 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 |
| 38 | 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 |
| 39 | El Pilar Southern Copper Corporation (SCCO) | Copper | Feasibility Feb 2022 | $54M | 9.9% | $365M | 16 yrs | 1.8 USD/lb Cu |
| 40 | Grasberg minerals district Freeport-McMoRan (FCX) | Copper | Feasibility Dec 2022 | — | — | $14.50B | — | — |
| 41 | Mantoverde Optimized (MV-O) Capstone Copper Corp. (CS.TO) | Copper | Feasibility Oct 2024 | — | — | $176M | — | — |
| 42 | Miller Copper-Gold Property (Cam Copper Mine - Zone 2 Surgical Mining) Northstar Gold Corp. (NSG.CN) | Copper | PEA Jul 2025 | — | — | $2M | 2.6 yrs | — |
| 43 | Johnson Camp Mine Gunnison Copper Corp. (GCU.TO) | Copper | — | — | — | $143M | — | — |
| 44 | Santo Domingo Capstone Copper Corp. (CS.TO) | Copper | Feasibility Jul 2024 | — | 24% | — | — | — |
| 45 | Mantoverde Capstone Copper Corp. (CS.TO) | Copper | Production Jul 2024 | — | — | $176M | — | — |
| 46 | Highland Valley Copper (HVC) Mine Life Extension Teck Resources Limited (TECK) | Copper | — | — | — | C$2.10B | — | — |
| 47 | 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 |
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.