Phoenix Copper Ltd 2020 AR2
The report outlines Phoenix Copper Limited's operational and financial performance for the fiscal year 2020, highlighting its progress in developing the Empire Mine in Idaho, USA. Key achievements include a 51% increase in the Measured and Indicated open-pit resource and successful testing of ammonium thiosulphate (ATS) as an environmentally friendly alternative to cyanide for precious metals recovery. The company also expanded its land position to 3,297 acres and appointed an ESG Programme Coordinator to oversee its sustainability initiatives. Financially, Phoenix Copper raised $4.65 million during the year and reported a 14% decrease in net loss to $0.97 million.
Company: Phoenix Copper Ltd
Sector: Materials
Country: Virgin Islands (British)
Year: 2020
Type: AR2
Pages: 46
Phoenix Copper Ltd
The report outlines Phoenix Copper Limited's operational and financial performance for the fiscal year 2020, highlighting its progress in developing the Empire Mine in Idaho, USA. Key achievements include a 51% increase in the Measured and Indicated open-pit resource and successful testing of ammonium thiosulphate (ATS) as an environmentally friendly alternative to cyanide for precious metals recovery. The company also expanded its land position to 3,297 acres and appointed an ESG Programme Coordinator to oversee its sustainability initiatives. Financially, Phoenix Copper raised $4.65 million during the year and reported a 14% decrease in net loss to $0.97 million.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees