July 12, 2014 9:15 AM ET

Metals and Mining

Company Overview of Copper Mines Of Tasmania Pty Ltd

Company Overview

Copper Mines Of Tasmania Pty Ltd operates a copper mine. The company engages in mining copper concentrates, as well as disseminated pyrite and chalcopyrite concentrates, including copper, gold, and silver. The company exports copper to India. Copper Mines Of Tasmania Pty Ltd was formerly known as The Mount Lyell Mining Company Limited and changed its name to Copper Mines Of Tasmania Pty Ltd in 1995. The company was founded in 1883 and is based in Queenstown, Australia. Copper Mines Of Tasmania Pty Ltd operates as a subsidiary of Sesa Sterlite Limited.

Penghana Road

Queenstown, TAS 7467

Australia

Founded in 1883

Phone:

61 3 6471 4123

Fax:

61 3 6471 1916

Key Executives for Copper Mines Of Tasmania Pty Ltd

Chief Executive officer and Director
Age: 43
Compensation as of Fiscal Year 2014.

Copper Mines Of Tasmania Pty Ltd Key Developments

Copper Mines of Tasmania Pty Ltd Decides to Put its Mount Lyell Copper Mine Closes Operations

Copper Mines of Tasmania has decided to put its Mount Lyell copper mine in Queenstown, Tasmania, under care and maintenance, leaving 200 workers jobless. The mine was closed in January this year following the death of three miners within two months: two died after falling from a height and another miner died in a mud rush. Since the closure, CMT has been paying half salaries to 239 out of 320 employees who worked at the mine. The company had hoped to restart production at the mine this month, but a rock fall on a ventilation shaft last week has further delayed the plans.

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