Southern Hemisphere Mining

What Southern Hemisphere Mining does

Southern Hemisphere Mining Limited (ASX: SUH; Frankfurt: NK4) is an Australian-listed critical minerals exploration company headquartered in Perth with operational offices in Santiago, Chile. Its asset base consists of two flagship projects in Chile: the Llahuin Copper-Gold-Molybdenum Project in the Coquimbo Region, which hosts a 218Mt JORC Mineral Resource at 0.38% CuEq (496,600t Cu, 654,900oz Au, 12,500t Mo) supported by 64,503m of drilling across 296 holes and an additional Exploration Target of 260-340Mt, and the Los Pumas Manganese Project in northern Chile with a 30.2Mt JORC Resource at 6.24% Mn, which is being progressed toward a separate spin-off (Titan Battery Minerals Technology) and is open for joint venture or sale.

The company's underlying technology is conventional mineral exploration: HQ3 triple-tube diamond drilling, reverse circulation drilling, Audio-Magnetotelluric (AMT) and induced polarisation surveys, airborne magnetics, and integrated geological/structural mapping. A JV with FMR Resources (backed by Mark Creasy) is funding up to $13m of deep drilling at the Southern Porphyry target, modelled as a 1.5-2km diameter MT anomaly at approximately 1,000m depth. The company reports no revenue, no disclosed headcount, and no current product sales; its go-to-market is exploration-driven — it advances resources through the JORC framework, secures JV partners to fund drilling and development, and communicates to retail and institutional investors via ASX announcements, corporate presentations, investor-stream interviews, and third-party research notes. Future revenue is intended to come from sale of copper-gold-molybdenum concentrates and high-purity manganese for EV batteries, with open-pit mine configuration being evaluated at Llahuin.

Name

Southern Hemisphere Mining

Legal name

Southern Hemisphere Mining Limited

Website

https://shmining.com.au

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Southern Hemisphere Mining Limited is an ASX-listed critical minerals explorer developing the Llahuin Copper-Gold-Molybdenum Project (218Mt JORC) and the Los Pumas Manganese Project (30.2Mt JORC) in Chile, advancing both through drilling, joint ventures, and offshoots.

Ownership category

akta.pro rank

Product category

Mining Exploration and Mineral Resource Development

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (212290), Other Metal Ore Mining (21229), Support Activities for Metal Mining (213114)

SIC

Metal Mining (1000), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industries

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA), Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB), Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)

Keywords

• Copper exploration
• Manganese mining
• Critical minerals exploration
• Gold molybdenum mining
• Mineral resource development

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Mineral Resource Development and Future Sales: Pre-revenue exploration stage company. Future revenue anticipated from sale of copper, gold, and molybdenum concentrates, and high-purity manganese products for EV batteries. The company is advancing projects toward mine development with open pit configuration being evaluated.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Southern Hemisphere Mining Limited is an ASX-listed critical minerals explorer focused on the exploration and development of copper, gold, molybdenum, and manganese assets in Chile. The company operates two core projects: the flagship Llahuin Copper-Gold-Moly Project (218Mt JORC resource) in central Chile and the Los Pumas Manganese Project (30.2Mt JORC resource) in northern Chile, targeting critical minerals for the energy transition and EV battery markets.

Product overview

Southern Hemisphere Mining Limited is an ASX-listed critical minerals explorer in Chile operating two core mining projects: the flagship Llahuin Copper-Gold-Moly Project in central Chile (a 218Mt JORC resource porphyry copper-gold-molybdenum deposit currently in expansion drilling phase) and the Los Pumas Manganese Project in northern Chile (a 30.2Mt JORC resource targeting high-purity manganese for EV battery markets, available for JV or sale). The company focuses on exploration and resource expansion, progressing towards mine-scale open pit configuration at Llahuin.

Differentiator

Problem solved

Functional benefit

Products and services

• Llahuin Copper-Gold-Moly Project Flagship advanced copper-gold-molybdenum porphyry deposit located in central Chile, north of Santiago in the Coquimbo Region near Illapel at 1,300m elevation. Features a JORC Resource of 218Mt at 0.38% CuEq containing 496,600t Copper, 654,900oz Gold, and 12,500t Molybdenum. The project features multiple targets including Cerro, Ferro Central, Ferro South, and Southern Porphyry, and is currently in expansion drilling phase targeting further resource growth along its 3km strike system. Targeted for future open pit mine configuration and supply of copper-gold-molybdenum concentrates to metallurgical facilities.
• Los Pumas Manganese Project Battery metals manganese project located 175km inland from the Port of Arica in northern Chile. Features a JORC Resource of 30.2Mt at 6.24% Mn (with 23.3Mt in indicated category), described as a multiple layered tabular style manganese occurrence with surface expression over 3.6km in length. Targets high-purity manganese production for EV battery markets (HPMSM), with approximately 99% extraction achieved in leach test work. Available for joint venture or sale.

Quantifiable outcome

• 218Mt @ 0.38% CuEq JORC Resource at Llahuin (July 2025)
• +3 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• FMR Resources Limited (ASX: FMR)coreStrategic or Co-development Partner · 1 August 2025FMR Resources (backed by Mark Creasy/Creasy Group) has entered a JV to earn up to 60% interest in the Southern Porphyry Copper-Gold Target at Llahuin by funding up to $13m in exploration expenditure over two stages and payments of $2.67m. Stage 1 includes a minimum 1,400m drill hole at Curiosity Target scheduled for Q4 2025. Southern Hemisphere retains 100% of all JORC resources at Llahuin. The JV is testing a large modelled MT anomaly representing a potential major porphyry system.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Element 25 Limited: ASX-listed (E25) manganese developer with the Butcherbird Manganese Project in Western Australia, specifically targeting high-purity manganese sulphate monohydrate (HPMSM) for EV batteries. Closely comparable to the Los Pumas manganese project in commodity, target market, and downstream-product focus.
• Hot Chili Limited: ASX-listed (HCH) copper-gold developer with the Costa Fuego porphyry copper-gold project in Chile. Most directly comparable as an ASX-listed mid-stage copper-gold developer in the same Chilean jurisdiction with similar resource-scale ambitions.
• Los Andes Copper Ltd. TSX/SE-listed (LA) copper developer with the Vizcachitas copper-molybdenum porphyry project in central Chile. Closely comparable large-tonnage, open-pit copper-molybdenum porphyry asset in Chile at a similar pre-development stage.
• Marimaca Copper Corp. TSX-listed (MARI) copper developer with the Marimaca oxide copper project in northern Chile. Comparable as a Chilean-focused copper developer with a similar pre-development profile and resource scale.

Broad incumbents

• Jupiter Mines Limited: ASX-listed (JMS) manganese miner operating the Tshipi Borwa manganese mine in South Africa. Comparable as a listed manganese producer targeting the steel and battery markets, providing a benchmark for what a developed Los Pumas asset could become.
• Antofagasta PLC: LSE-listed Chilean copper miner (centred on the Los Pelambres and Centinela copper mines). Relevant as the original vendor of the Llahuin project to Southern Hemisphere Mining and as a benchmark Chilean copper operator and potential acquirer.
• Capstone Copper Corp. TSX-listed (CS) copper producer with operations across Chile (Mantos Blancos, Mantoverde) and other regions. Comparable as a Chilean-focused copper operator with porphyry-style assets, providing a benchmark for what development-stage Southern Hemisphere Mining could evolve into.

Emerging players

• Solaris Resources Inc. TSX-listed (SLS) copper developer with the Warintza porphyry copper project in Ecuador. Comparable as a porphyry-focused copper explorer-developer using similar exploration methodologies (MT, IP, drilling) at scale.
• Filo Corp. TSX/OMX-listed (FIL) copper-gold-silver developer advancing the Filo del Sol project in Argentina/Chile. Comparable as a South American copper-gold explorer-developer with active drilling and porphyry-style mineralisation.

Regional players

• Austral Gold Limited: ASX-listed (AGD) gold and silver producer with assets in Chile (including the Guanaco-Amancaya mine complex). Comparable as a smaller-cap ASX-listed miner with Chilean precious/base metal assets, providing a peer reference for operating context in Chile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/shmining
• LinkedInlinkedin.com/company/southern-hemisphere-mining-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Southern Hemisphere Mining