Somerset Minerals Limited, together with its subsidiaries, engages in the exploration and extraction of mineral properties in Australia, Canada, and Ecuador. The company explores for copper, silver, zinc, lead, porphyry, chalcocite, bornite, chalcopyrite, precious metal, and base metal deposits. Its flagship projects are the Prescott Copper and Base Metals project that consists of 52 licenses covering an area of 624 square kilometers located in Polaris mineral district of Nunavut, Canada; and the Coppermine project that consists of 102 exploration licenses and one exclusive exploration right covering an area of 1,665 square kilometers located in the Kitikmeot region of Nunavut, Canada. The company was formerly known as Tempus Resources Limited and changed its name to Somerset Minerals Limited in June 2024. Somerset Minerals Limited was incorporated in 2018 and is based in Perth, Australia.
Rare earths may be a sliver of the global metals market, but they punch far above their weight. These obscure elements are the invisible wiring of modern life.
The market is up 1.5% over the last week, with the Materials sector leading the way, up 3.6%. As for the past 12 months, the market is up 9.2%. Looking forward, earnings are forecast to grow by 11% annually. Market details ›