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Caravel Minerals Advances Caravel Copper Project with Definitive Mining Feasibility Study

8:22am on Friday 17th of July, 2026 AEST Mining
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Caravel Minerals Advances Caravel Copper Project with Definitive Mining Feasibility Study

8:22am on Friday 17th of July, 2026 AEST
Key Points
  • Updated Ore Reserve totals 597Mt at 0.24% copper
  • Open pit mining to start at Bindi deposit with staged development
  • Ultra-class fleet selected, transition to autonomous haulage planned
  • Early mining to be contracted to tier one operator before owner mining
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