Value: Undisclosed

Area: Energy and resources

Key players: The Carter Newell team advising Capricorn Copper was led by partner James Plumb and senior associates Johanna Kennerley and Kelly Pain.

Deal significance: Capricorn Copper recently announced that its mine in north Queensland has produced its first copper concentrate since it was refurbished and reopened.

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The Capricorn Copper mine is one of Australia’s largest copper development projects, according to a statement from Carter Newell. It is located 125 kilometres north of Mt Isa.

It is expected to produce approximately 30,000 tons of high-grade copper per year over an initial 10-year lifespan.

The refurbishment project, declared a Prescribed Project by the Queensland Minister for State Development in April 2017, followed the completion of a detailed feasibility study that outlined the optimal strategy for the mine to recommence operations on a sustainable basis.

The project was completed on time and within budget.

Carter Newell advised on all aspects of regulatory and key commercial negotiations for the redevelopment.