Denver Gold Group member
Caravel Minerals
- ASX: CVV
- Developer (construction/feasibility)
- Copper
- Molybdenum
- Perth, Australia
Company profile
Caravel is an advanced-stage Copper development in Western Australia approximately 2-hour drive from Perth. The project has a 25+ year mine life, producing ~65Ktpa of copper metal in concentrate with assicated precious metals and a separate by-product Molybdenum concentrate. Supported by excellent existing infrastructure, the Project is aiming to publish a Feasibility study mid-2026 and begin production late 2029.
At Mining Forum Australia
A Denver Gold Group member company
Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.
Peer groupthe five most similar Denver Gold Group members, 1 = most similar
| Rank | Company | Stage | Minerals | Primary operations | Market cap | 2025 production | Reserves | Match by factor |
|---|---|---|---|---|---|---|---|---|
| This company | Caravel MineralsASX: CVV | Developer | Copper, Molybdenum | Australia | $89M | |||
| 1 | Austral ResourcesASX: AR1 | Producer | Copper | Australia | $138M | |||
| 2 | Generation Mining LimitedTSX: GENM | Developer | Copper, Palladium | Canada | $139M | |||
| 3 | Koryx CopperTSXv: KRY | Developer | Copper, Peat | Namibia | $306M | |||
| 4 | XXIX Metal CorpTSXv: XXIX | Developer | Copper, Gold | Canada | $62M | |||
| 5 | Boab Metals LimitedASX: BML | Developer | Silver | Australia | $178M |
close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.
Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.