SolGold
- Company typePublic
- Founded2005
- HeadquartersBrisbane, Australia
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
SolGold firmographics
Firmographics- Name
- SolGold
- Legal name
- SolGold plc
- Website
- https://solgold.com.au/
- Company type
- Public
- Founded year
- 2005
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
SolGold industry classification
Industry- Product category
- Copper and Gold Mining
- NAICS
- Support Activities for Mining (2131)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Copper Exploration & Resource Development (IMAKADAA)
- akta.pro secondary industry
- Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)
Keywords
Where SolGold is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
SolGold business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain
Revenue model
- Copper and Gold Production Revenue: SolGold is a pre-revenue mining development company. Its primary revenue will derive from the sale of copper concentrate and gold produced at the Cascabel project following commencement of commercial production, currently targeted for 2028. The 2024 $750 million gold streaming deal with Franco-Nevada and Osisko provides near-term development funding while retaining significant revenue streams from copper and other resources.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
SolGold product offering
Product offeringCore offering
SolGold is a copper-gold mining exploration and development company whose core offering is the responsible advancement of the Cascabel Project in northern Ecuador, a large-scale porphyry deposit comprising the Alpala copper-gold deposit and the near-surface Tandayama-América deposit. The company produces and will sell copper concentrate and gold from this asset to global commodity markets, with commercial production targeted for 2028. SolGold also maintains a portfolio of regional exploration projects throughout Ecuador to support a long-term pipeline of development opportunities.
Product overview
SolGold operates as a copper-gold exploration and development company with its flagship asset being the Cascabel Project, a large-scale porphyry deposit in northern Ecuador. The Cascabel Project encompasses two principal deposits—the Alpala copper-gold deposit (large-scale, deeper resource) and the Tandayama-América deposit (near-surface, complementary resource)—together representing one of the world's most significant undeveloped copper-gold resources. The company also maintains regional exploration projects throughout Ecuador. Following its acquisition by Jiangxi Copper Company Limited, SolGold is advancing the Cascabel Project toward development, with the company employing AI-powered geological modeling and satellite-based mineral detection technologies to support exploration and resource definition activities.
Differentiator
Problem solved
Functional benefit
Products and services
- Cascabel Project A world-class copper-gold porphyry deposit in northern Ecuador representing SolGold's primary development asset. The project includes the large-scale Alpala copper-gold deposit and the near-surface Tandayama-América deposit, together forming one of the world's most significant undeveloped porphyry deposits, with a project valuation of approximately $14 billion and resources estimated at billions of tonnes. Targeted commercial production is 2028 via an open-pit-first hybrid mining approach.
- Alpala Copper-Gold Deposit A large-scale copper-gold deposit within the Cascabel Project, forming the core mineral resource of SolGold's flagship development asset in northern Ecuador.
- Tandayama-América Deposit A near-surface copper-gold deposit within the Cascabel Project in northern Ecuador, complementing the deeper Alpala deposit to support potential open-pit mining development.
- Regional Projects (Ecuador) Additional mineral exploration projects across Ecuador beyond the flagship Cascabel Project, supporting SolGold's long-term pipeline of copper-gold development opportunities.
Quantifiable outcome
- 30% rural employment increase within two years of exploration
- +1 more outcomes
Companies that use SolGold
Customer profileSegments1 record
Ideal customer profiles2 records
SolGold technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
SolGold partnerships and signals
Strategic signalScale indicators8 records
Recent moves7 records
Expansion highlights5 records
SolGold competitors and assessment
Company assessmentDirect peers
- First Quantum Minerals: Mid/large-cap copper miner with a portfolio of copper-gold operations and development projects globally, including Cobre Panamá. Comparable to SolGold as a copper-focused miner with exposure to large-scale porphyry assets and significant project development pipelines.
- Ivanhoe Mines: Copper-focused explorer/developer with flagship Kamoa-Kakula in the DRC and new development assets. Directly comparable to SolGold as a copper-centric pre-production and ramp-up company targeting the same electrification-driven copper demand thesis.
- Filo Corp: Junior copper-gold-silver explorer developing the Filo del Sol and Josemaria projects in South America. Comparable as a copper-gold porphyry-focused explorer at a similar pre-construction stage with large-scale Andean resource potential.
- Lundin Mining: Diversified mid-cap base metals miner producing copper, zinc, gold, and nickel from operations across the Americas and Europe. Comparable to SolGold's copper-gold porphyry focus with an overlapping development and production profile.
- Capstone Copper: Pure-play copper producer and developer with operating mines in the Americas (Pinto Valley, Cozamin, Mantos Blancos) and the Santo Domingo development project. Closely comparable as a copper-focused mid-cap with a development-stage growth pipeline.
Broad incumbents
- Freeport-McMoRan: One of the world's largest copper miners, also producing gold and molybdenum, with major operations including Grasberg. Comparable as a large incumbent in copper-gold porphyry mining with vertically integrated smelting and refining.
- BHP Group: Global diversified miner with significant copper exposure (Escondida, Pampa Norte, Olympic Dam). BHP was a significant SolGold shareholder; comparable as a major incumbent in copper mining with the technical and financial capacity to develop large porphyry deposits.
- Newmont Corporation: World's largest gold miner with growing copper exposure via recent acquisitions. Newmont held a significant equity position in SolGold; comparable as a gold-copper major with capacity to fund large-scale Andean mining projects.
- Rio Tinto: Global diversified miner with major copper assets (Oyu Tolgoi, Kennecott) and significant copper growth pipeline. Comparable as a global incumbent with deep expertise in large-scale porphyry copper-gold operations.
Emerging players
- Hudbay Minerals: Mid-tier copper miner with producing assets in the Americas and a copper-gold growth pipeline. Comparable as a smaller-scale copper-focused developer/producer pursuing similar porphyry and skarn-style copper-gold deposits.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SolGold social profiles
Digital presenceSolGold financial estimates
Financial estimateRevenue estimate
Valuation estimate
SolGold leadership team
Management profileNumber of profiles
Profiles2 records
SolGold subsidiaries and ownership
Company hierarchySubsidiaries1 record
SolGold funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SolGold M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SolGold
What does SolGold do?
SolGold is a copper-gold mining exploration and development company whose core offering is the responsible advancement of the Cascabel Project in northern Ecuador, a large-scale porphyry deposit comprising the Alpala copper-gold deposit and the near-surface Tandayama-América deposit. The company produces and will sell copper concentrate and gold from this asset to global commodity markets, with commercial production targeted for 2028. SolGold also maintains a portfolio of regional exploration projects throughout Ecuador to support a long-term pipeline of development opportunities.
Is SolGold a public or private company?
SolGold is a public company. It is classified as corporate owned and is currently acquired.
When was SolGold founded?
SolGold was founded in 2005. It employs 501 to 1,000 people.
Where is SolGold based?
SolGold is headquartered in Brisbane, Australia, in the Oceania region.
How does SolGold make money?
One revenue line is on record: copper and Gold Production Revenue.
Who are SolGold's main competitors?
Direct peers on record are First Quantum Minerals, Ivanhoe Mines, Filo Corp, Lundin Mining and Capstone Copper. Broad incumbents are Freeport-McMoRan, BHP Group, Newmont Corporation and Rio Tinto. Hudbay Minerals is listed as an emerging player.
Does SolGold have an API?
No public API is recorded for SolGold.
What industry is SolGold in?
SolGold's product category is Copper and Gold Mining. Its primary akta.pro industry code is IMAKADAA, Copper Exploration & Resource Development, with a secondary code of IMAKAKAA, Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling). Its NAICS code is 2131 and its SIC code is 1040.