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Pivotal’s Horden Lake economics sharpen as Quebec exploration expands

11:14am on Friday 30th of October, 2026 AEDT • Mining
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Pivotal’s Horden Lake economics sharpen as Quebec exploration expands

11:14am on Friday 30th of October, 2026 AEDT
Key Points
  • A$920 million post-tax NPV and 49% IRR at base-case pricing
  • 29.1ktpa CuEq production over the first eight years of a 10-year mine plan
  • 52.4Mt Horden Lake resource containing 549kt CuEq
  • 90.5% copper recovery into a 25.7% copper concentrate
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