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NBA Hall of Famer Andrew Bogut courts $8m for ‘Copper House'
NBA Hall of Famer Andrew Bogut courts $8m for ‘Copper House'

News.com.au

time20-05-2025

  • Business
  • News.com.au

NBA Hall of Famer Andrew Bogut courts $8m for ‘Copper House'

Aussie basketball great Andrew Bogut is courting $7.95m for his striking oceanview mansion known as the Copper House. The former NBA player and part-owner of the Sydney Kings has listed the architecturally designed Currumbin home, which had been rented at $5,000 a week after Bogut and wife Jessica purchased an acreage property elsewhere on the Gold Coast. Bogut this week became the ninth Australian inducted into the FIBA Hall of Fame, following a celebrated career spanning 14 seasons in the US with the NBA, notably winning a championship with Golden State Warriors in 2015. He also captained Australia's national team the Boomers, starting in three Olympic Games, and played with the Sydney Kings where he will coach the 2026 season. Bogut paid $4.45m for the distinctive three-level beach house designed by Paul Uhlmann in 2019. The seven-bedroom, four-bathroom home on an elevated 774 sqm lot at 4 Duringan Street is marketed by Michael Kollosche. It has a curved copper-clad facade with features including an internal glass lift, sleek kitchen fitted with high-end European appliances, formal dining room with wine collector's cabinet, multiple outdoor entertaining areas plus six-person spa and pool. Interiors draw on raw materials of timber, stone and stainless steel, softened by blackbutt floors and ceiling linings. Picture windows and open-plan zones invite in natural light, leafy outlooks and sea breezes. 'Function and flow have been thoughtfully considered, with communal living spaces occupying the upper level to maximise the panoramic outlook captured from a vast covered terrace,' the listing states. The home has a flexible floor plan ideal for multi-generational living, with master bedrooms on two levels and five other bedrooms upstairs. Auction drama marks jaw-dropping $14m sale Bogut was first pick in the 2005 NBA Draft by the Milwaukee Bucks and also played for the Golden State, Dallas Mavericks, Cleveland Cavaliers, and Los Angeles Lakers up to 2019. The 213cm player has remained in the headlines since retirement for his controversial political views and criticism of the sport's governance. Accepting the Hall of Fame induction in Bahrain, Bogut made a dig at his misguided sledging of the FBA in 2019. Property records show Bogut retains a 6675sqm Mudgeeraba property purchased for $6.45m last year. In 2021, he sold a a site in Beaumaris, Victoria, which had been earmarked for a luxury home build that was stymied by council. It was priced at $11m-$12m and sold within 48 hours.

VHM signs HMC supply deal with Currumbin for Goschen project in Australia
VHM signs HMC supply deal with Currumbin for Goschen project in Australia

Yahoo

time30-04-2025

  • Business
  • Yahoo

VHM signs HMC supply deal with Currumbin for Goschen project in Australia

Mineral sands and rare earth company VHM has signed a memorandum of understanding (MOU) with Currumbin Minerals for the supply of high-grade zircon-titania heavy mineral concentrate (HMC) from its Goschen rare earths and mineral sands project in north-west Victoria, Australia. Currumbin operates a fully owned state-of-the-art heavy mineral sands processing plant in Queensland. The facility features gravity, electrostatic and magnetic processing technologies. The Queensland processing facility is backed by Southern Gold Coast Laboratories (SGCL), one of Australia's latest mineral sands testing facilities. Currumbin is set to expand the facility with financial assistance from the Queensland Critical Minerals and Battery Technology Fund. The MOU outlines a collaborative framework, aiming for a formal agreement to sell HMC to Currumbin for processing at its Queensland facility. This development follows the primary approval received in December 2024 and the mining licence earlier this month for the Goschen project. The Goschen project will commence production in the fourth quarter of 2026 (Q4 2026). It is recognised for its dual commodity potential for producing revenue from both rare earth elements and HMC, including zircon and titanium. The project's mineral assemblage contains both light (neodymium and praseodymium) and heavy (dysprosium and terbium) rare earths within its orebody. With all necessary land acquired, VHM is advancing the project towards secondary approvals. VHM CEO Ron Douglas said: 'The collaboration with Currumbin Minerals is a significant step in VHM's strategy to build a domestic supply chain for both its rare earths and mineral sands products to further align itself with the Victorian Governments Critical Minerals Roadmap, whilst supporting further processing opportunities with companies like Currumbin Minerals in Queensland.' In May 2024, VHM signed an MOU with Yellow Iron Fleet to develop the Goschen project. "VHM signs HMC supply deal with Currumbin for Goschen project in Australia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

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