Motheo mine seen contributing P38bn to economy

Directors have revealed that during the 2024 financial year alone, the mine contributed approximately P4 billion through wages, taxes, royalties and payments to local suppliers. This is a sizeable injection at a time when government revenue streams remain under pressure from a weakening diamond market.

Asset President of the Sandfire Resources Motheo Copper Project, Jamie Caratti, highlighted recently that the project represents a long-term partnership model anchored on fiscal contribution and sustainable operations.