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Flagship gains time and cuts Rosario copper option cost

9:21am on Friday 23rd of October, 2026 AEDT • Mining
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Flagship gains time and cuts Rosario copper option cost

9:21am on Friday 23rd of October, 2026 AEDT
Key Points
  • Final Rosario option payment reduced to US$1.0 million from US$2.0 million
  • Agreement extended to October 2028, with US$100,000 annual payment due in October 2027
  • Flagship retains the right to earn 100% of Rosario
  • New 1% net smelter royalty includes a US$1.0 million buyback option
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