David Radcliffe's questions to MAC Copper Ltd (MTAL) leadership • Q1 2025
Question
David Radcliffe of Global Mining Research questioned the production profile for the year, noting the mine has not recently sustained the required ore hoisting rates, and asked for color on the outlook and potential grade upside.
Answer
CEO Michael James McMullen acknowledged past challenges with dilution control but highlighted recent improvements. He stated that with head grades running higher than the guided 3.8-4.0% (Q1 was over 4.0%), the mine can achieve its metal production targets by hauling slightly less tonnage at a higher grade, which is a more efficient outcome.