Phoenix Copper Limited (LSE:PXC) has released its unaudited interim results for the first half of 2025, showing a reduction in group losses and an increase in company profits compared with the prior year. The company has made notable progress on its Empire Mine project, with proven and probable mineral reserves and a pre-feasibility study indicating strong potential cash flows. Rising prices for copper, gold, and silver have further strengthened the project’s financial outlook, suggesting significant added value.
Phoenix Copper is working to secure additional funding to complete construction of the Empire open-pit mine, with production anticipated in the near term.
About Phoenix Copper
Phoenix Copper Limited is a U.S.-focused producer and exploration company specializing in base and precious metals. The company’s core operations include the Empire Mine in Idaho, and it holds interests in various mineral reserves including copper, gold, and silver.
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