Phoenix Copper Limited - Sponsored ADR (PXCLY)

Overview

Phoenix Copper Limited operates within the mining sector, focusing on the exploration and extraction of precious and base metals primarily in North America. Originally named Phoenix Global Mining Limited, the company underwent a rebranding in July 2019, adopting its current name to better reflect its operational focus. Established in 2013 and headquartered in Road Town, British Virgin Islands, Phoenix Copper Limited has positioned itself as a key player in the mining industry. Its operations are notably highlighted by the flagship Empire Mine property in Mackay, Idaho, USA, in which it holds an 80% ownership interest, underscoring its significant investment in copper and other metal exploration and extraction endeavors in the region.

Products and Services

• Copper Exploration and Mining

At the forefront of its operations, Phoenix Copper Limited engages in the exploration and mining of copper, a core component of its product line. The focus on copper is underscored by the significant potential of its Empire Mine property for copper deposits.

• Zinc, Gold, Lead, and Tungsten Exploration

In addition to copper, the company diversifies its exploration activities to include other valuable metals such as zinc, gold, lead, and tungsten. This variety allows Phoenix Copper Limited to tap into different market demands and enhances its stability and growth potential.

• Cobalt and Silver Deposits

Completing its portfolio of exploration services, Phoenix Copper Limited also focuses on cobalt and silver, key components in various industrial and commercial applications. By exploring for these deposits, the company broadens its operational scope and contribution to the mining sector.