Eva Copper Project

Harmony (JSE:HAR & NYSE:HMY)

Commodities: Copper and gold
Currently seeking: Suppliers for construction and operating phases
Project status: Updating DFS, FID expected in 2025

Eva Copper is an iron-oxide copper-gold resource poised to become the largest new metal mine in North West Queensland. Eva Copper will be a conventional open-cut mine comprising of multiple pits with a low strip ratio. It will be mined in a select sequence, feeding a copper concentrator, based on a proven processing flow sheet and technology selection. The ore bodies of Eva Copper are wide and predictable, while a modern plant design and conventional technology is expected to minimise low production ramp-up risk.

15
years mine life (minimum) (2023)
366 Mt
mineral resource @ 0.4% Cu
2–3 year
construction phase post-FID
50–60 ktpa
copper 14 kozpa gold

Key project facts

Eva Copper was declared as a 'Prescribed Project' by the Queensland Government in March 2024, with 5 mining leases and an environmental authority already granted for the project.
Eva Copper Project was awarded conditional grant funding of $20.7 million under the Queensland Government’s Mount Isa Mining Acceleration Program.
Harmony purchased a 100% stake in the project in December 2022, and is currently reviewing the previous feasibility study to address opportunities identified in the due diligence process.
A reserve declaration is expected with the feasibility study update, while a final investment decision is expected in late 2025 after further approvals are obtained. A March 2024 update from Harmony suggested that the revised feasibility study anticipated that the processing facility will have greater capacity than initially indicated, as well as potentially increased production profile.
Initial site preparatory works have been commissioned and will continue in 2024–25. This includes site access roads, temporary accommodation facilities, fencing and laydown areas.

Last updated: 16 July 2025
Last reviewed: 11 July 2025