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Whim Creek Copper Project, WA

Anax Metals Limited (ANX) | Definitive Feasibility Study update | Released 24 Feb 2026

Mine life
10 years
LOM production schedule
Strip ratio
Not disclosed
Not disclosed
NPV
A$501M
Pre-tax, 7% real, base case, 100% basis
Capex
A$77M
Pre-production, 100% basis

Inferred share: Inferred 6% of production target

Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.

Planning inputs

Inferred 6% of production target | Slope angles not disclosed | Contractor mining | Open pit mining costs updated by Orelogy; 2023 open pit Ore Reserve by Orelogy

Also in the release

No new open pit optimisations, designs or schedules since the 2023 DFS. Reserve 4.6 Mt at 1.36% Cu feeds a 400Kt per annum concentrator. AISC US$1.61/lb of copper, net of by-products.

Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.

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