CA Market News
2週前
A New Copper-Gold Porphyry Target in Southern Ecuador Lands on Salazar Resources' Cornerstone Project MapMay 26, 2026 9:46 AM
PR Newswire (US) Issued on behalf of Salazar Resources LimitedSurface mapping at the 100% owned Monja Project defines a 2 km × 1 km mineralized core within a Paleocene-Miocene metallogenic belt — best rock chip sample returns 4.77% Cu, 1.12 g/t Au, 19.5 g/t AgVANCOUVER, BC, May 26, 2026 /PRNewswire/ -- USA News Group News Commentary — Copper has spent the better part of 2026 grinding against the structural reality that the world's appetite for the metal is outrunning what the global mining industry can deliver. Copper realizations climbed above $6.00 per pound in the first quarter of 2026 for the first time on record, with ICSG-modeled deficits projected for the year and concentrate-market tightness adding additional structural pressure.[1] Against that backdrop, the small group of exploration-stage juniors with credible new copper-gold targets in productive jurisdictions has become one of the more closely watched corners of the resource sector. Salazar Resources Limited (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) on April 8, 2026 announced that it has identified its 100% owned Monja Project as a cornerstone asset on which the Company will focus its exploration programs, while continuing to advance and assess its remaining properties.[2] The decision follows a comprehensive evaluation of the Company's wholly owned Ecuadorian portfolio and the completion of baseline geological work to define appropriate development strategies for each project.[2]Monja: A Defined Copper-Gold Porphyry SystemThe Monja Project sits in Loja Province in southern Ecuador, covering 9,088 hectares across two licenses on the northeast margin of the Lancones Basin — a region that hosts recognized volcanogenic massive sulphide and porphyry deposits including the giant volcanic-hosted Tambo Grande massive sulphide deposit and the Río Blanco porphyry in Peru.[2] Surface mapping at Monja has defined a copper-gold porphyry system containing a two-kilometre-by-one-kilometre central core, within a Paleocene-Miocene metallogenic belt known to host multiple significant copper deposits in southern Ecuador.[2]A total of nine rock chip samples were collected from mineralized outcrops in the initial program. Three of those samples returned encouraging results, with the best — sample 51584 — returning 4.77% Cu, 1.12 g/t Au, 19.5 g/t Ag, and 74 ppm Mo.[2] The samples were taken from outcropping granodiorite and hydrothermal breccias hosting copper-porphyry-style mineralization characterized by hydrothermal breccias with pyrite-chalcopyrite matrix, quartz-sulphide stockwork veining, and traces of bornite.[2] The Company has noted that rock chip samples are selective by nature and that the result is preliminary, with additional work required to determine the extent, continuity, and significance of the mineralization.[2]In commentary attributed to management, the Company described the program as identifying a complete copper-gold porphyry system through Salazar's own fieldwork, with clear fertility indicators including bornite and tourmaline breccias, and a sizeable alteration footprint already mapped — framing Monja as "an exciting new greenfields discovery with strong discovery potential."[2]El Domo Carried Interest and Portfolio ConsolidationBeyond Monja, Salazar Resources retains a 25% carried-through-to-production interest in the El Domo deposit at the Curipamba Project — its maiden discovery. El Domo is being advanced by partner Silvercorp Metals (which acquired the project through its 2024 acquisition of Adventus Mining), with a 2021 Feasibility Study having indicated an IRR of 32% and NPV8% of US$259 million for initial open-pit development based on Proven and Probable Mineral Reserves of 6.5 million tonnes at 1.93% Cu, 2.49% Zn, 2.52 g/t Au, 45.7 g/t Ag, 0.25% Pb.[3] All-In Sustaining Costs were estimated at US$1.26/lb copper equivalent.[3] El Domo's start-up capital expenditure has been met with funding from Wheaton Precious Metals, Trafigura, and Adventus, with the average annual production targeted at 10,463 tpa copper and 21,390 tpa copper equivalent over the life of mine.[3]On March 18, 2026, Salazar announced the successful closing of its previously announced acquisition of Ecuadorian exploration assets from Silvercorp Metals, consolidating the Company's copper-gold exploration portfolio in Ecuador.[4] Salazar Resources now holds 100% ownership of the Santiago, Pijilí, and Tarqui-Quimi exploration projects (acquired from Silvercorp in exchange for a 1.5% net smelter return royalty on each), alongside the 100%-owned Monja Project and the 25% carried interest in El Domo.[4]A Discovery-Tilted Exploration Strategy in a Tight Copper MarketThe Salazar team has played an integral role in the discovery of many of the major projects in Ecuador, including the two newest operating gold and copper mines in the country.[2] The Company has consistently described its strategy as making another commercial discovery and farming out non-core assets — a discipline that has positioned its wholly owned exploration pipeline at the upstream end of a value chain where major producers continue to struggle to replace reserves.Sector Context: The Copper Margin Story ContinuesAcross the broader copper sector, producers have continued to deliver results that frame the demand and pricing environment exploration-stage juniors like Salazar are operating in.Freeport-McMoRan Inc. (NYSE: FCX) on April 23, 2026 reported first quarter 2026 financial and operating results, with revenues of $6.23 billion (up from $5.73 billion a year earlier) and net income attributable to common stock of $881 million, or $0.61 per share.[1] Consolidated sales reached 657 million pounds of copper, 121 thousand ounces of gold, and 24 million pounds of molybdenum, at average realized prices of $5.78 per pound of copper and $4,889 per ounce of gold. Unit net cash costs averaged $1.91 per pound of copper.[1] U.S. mining operations contributed 2.5 times more operating income in the first quarter compared with the same quarter in the prior year, with copper prices averaging over $5.80 per pound year-to-date and reaching an all-time high exceeding $6.00 per pound during the quarter.[1] The Company also began a phased ramp-up of the Grasberg Block Cave underground mine in March 2026 and signed an MOU with the Indonesian government to extend PTFI operating rights for the life of the resource.[1]Taseko Mines Limited (NYSE American: TGB) (TSX: TKO) recently harvested its first copper cathodes from its Florence Copper operation in Arizona — marking the first new copper production from a greenfield facility in the United States since 2008.[5] Once Florence Copper reaches its nameplate capacity of 85 million pounds of LME Grade A copper per year, Taseko will rank as the third-largest copper cathode producer in America, with the operation expected to deliver a minimum of 1.5 billion pounds of copper over 22 years.[5] The Company framed the milestone as a landmark achievement for the Florence Copper team and a major step on Taseko's journey to become a leading North American copper producer.[5]Capstone Copper Corp. (TSX: CS) (OTCQX: CSCCF) is advancing the Mantoverde Optimized expansion in Chile and the Santo Domingo partnership toward a sanctioning decision, with a 2026 operational focus on delivering dependable results as the Company progresses its district growth strategy through exploration.[5] The Mantoverde district sits in the same broad Andean copper belt that defines much of the Latin American copper development pipeline.Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM) has continued to advance its copper-zinc-gold operations across the Americas, with the Constancia mine in Peru, the Snow Lake operations in Manitoba, and the Copper Mountain mine in British Columbia providing diversified production exposure. The integrated producer profile complements the discovery-stage thesis Salazar Resources represents in Ecuador.Bottom Line on SRL's PositionThe April 8, 2026 Monja announcement positions Salazar Resources at the front of the copper exploration value chain — a defined porphyry target with surface-sample confirmation of mineralization, in a jurisdiction the Company's team knows intimately, at a moment when the global copper market is delivering pricing and margin signals strong enough to compress the gap between discovery and capital. The Curipamba carried-interest backstop and the consolidated five-project portfolio of wholly owned exploration assets together provide diversified exposure to the same upside thesis. The Company has indicated additional work is required to determine the extent and significance of the Monja mineralization — the natural next workstream in the exploration sequence.Read more about Salazar Resources Limited at: https://salazarresources.com/CONTACT:USA News Group
CA Market News
1月前
Record Quarters, Zero Relief: Copper's Gap Keeps GrowingMay 8, 2026 11:00 AM
PR Newswire (US) Issued on behalf of Salazar Resources Ltd.Equity-Insider.com News CommentaryVANCOUVER, BC, May 8, 2026 /PRNewswire/ -- Global copper smelters are now paying mines for the privilege of buying their concentrate, with spot treatment charges collapsing to negative $70 per tonne by late March[1]. That is not a typo. The feed that keeps refineries running is so scarce that the traditional pricing relationship has flipped on its head, and executives at the Financial Times Commodities Global Summit confirmed in April that declining ore grades, ballooning capital costs, and permitting timelines stretching beyond a decade are choking off new supply precisely when electrification needs it most[2]. This structural bottleneck is directing capital toward companies that already hold permitted, drill-tested ground in proven copper belts: Salazar Resources (TSXV: SRL) (OTCQB: SRLZF), Ero Copper (NYSE: ERO) (TSX: ERO), Capstone Copper (TSX: CS) (OTCPK: CSCCF), Hot Chili (TSXV: HCH) (OTCQX: HHLKF), and Hudbay Minerals (NYSE: HBM) (TSX: HBM). J.P. Morgan's April outlook holds copper above $11,100 per tonne even under bearish scenarios, pointing to constrained project pipelines and ongoing mine shutdowns that show no sign of easing[3]. The exploration side of the market is already repricing around that view: British Columbia posted a record $751 million in mineral exploration spending for 2025, with copper overtaking gold as the province's top target for the first time on record, as institutional capital rotates into large porphyry systems that can deliver scale into a widening deficit[4].Salazar Resources (TSXV: SRL) (OTCQB: SRLZF) has consolidated 100% ownership of its Santiago copper-gold project in southern Ecuador, bringing together a target that three decades of exploration data say could be significant. The 2,350-hectare concession sits in the Western Cordillera of the Ecuadorian Andes, where historical drilling, airborne geophysics, and recent surface sampling have outlined a coincident geochemical and geophysical anomaly measuring roughly 3 km by 2 km. The critical detail: the core of the interpreted porphyry system at depth has never been drill-tested.Previous operators touched only the near-surface lithocap. Newmont drilled three shallow holes in the 1990s and hit broad copper-gold mineralization, including 323 metres grading 0.23% copper and 0.40 g/t gold in one hole, and 268 metres grading 0.24% copper and 0.43 g/t gold in another. Those results are encouraging on their own, but what makes Santiago stand out is that the mineralization was widening and strengthening toward the bottom of the holes, suggesting something larger sits below.A 2019 airborne MobileMT geophysical survey added another layer of confirmation, identifying a large, coherent conductivity anomaly beneath the lithocap consistent with a sulphide-rich porphyry system. A follow-up surface sampling campaign in 2021 and 2022 collected 1,477 rock chip samples across the property. Within the 599-sample anomalous core zone, 47% returned copper values above 250 ppm and 34% returned gold above 0.11 g/t, with individual samples reaching as high as 21.1 g/t gold and 0.9% copper. High-grade epithermal veins on the property added further appeal, with rock chip samples returning up to 28.1 g/t gold and 252 g/t silver.Santiago is one of several advancing projects for the company. Salazar Resources recently completed the acquisition of four copper-gold exploration properties from Silvercorp Metals, and earlier this year identified a high-priority copper-gold porphyry target at its Monja Project, where the best rock chip sample returned 4.77% copper and 1.12 g/t gold. On the development side, Salazar Resources holds a 25% carried interest in the El Domo copper-gold mine, now under construction on a US$284 million budget with production targeted for July 2027.With a pipeline that spans early-stage exploration through near-production development, Salazar Resources is building exposure across multiple stages of the mining value chain in one of South America's most active copper-gold jurisdictions. The company maintains a wholly owned portfolio of projects in Ecuador, backed by a local team with a track record that includes involvement in several of the country's major discoveries.Read this and more news for Salazar Resources at: https://equity-insider.com/2026/03/18/a-3-billion-partner-is-building-this-copper-gold-mine-salazar-keeps-25/Other industry developments and happenings in the market include:Ero Copper (NYSE: ERO) (TSX: ERO) reported record Q4 2025 copper production of 19,706 tonnes in concentrate, bringing full-year 2025 production to 64,307 tonnes at a C1 cash cost of $2.06 per pound produced. Full-year adjusted EBITDA increased nearly 90% year-on-year to $409.7 million, with cash flow from operations rising 171.7% to $395.1 million and net income attributable to owners reaching $263.7 million, or $2.53 per diluted share."We are pleased with our operating trajectory and performance in the fourth quarter, which delivered record quarterly copper production as well as the first tangible benefits of record quarterly gold from the Xavantina Operations following the commencement of our gold concentrate program in Q4," said Makko DeFilippo, President and CEO of Ero Copper. "The investments we made across our operations in 2025 translated into higher copper and gold production, stronger cash generation and an improved balance sheet through year-end."Available liquidity at year-end was $150.4 million, with net debt leverage strengthening to 1.2x from 2.6x at the end of 2024 on the back of a $193.5 million year-on-year improvement in adjusted EBITDA. Ero Copper is reaffirming its 2026 guidance with consolidated copper production weighted toward the second half driven by mine sequencing and higher expected throughput at its Caraíba and Tucumã operations.Capstone Copper (TSX: CS) (OTCPK: CSCCF) reported Q4 2025 copper production of 58,273 tonnes at a C1 cash cost of $2.31/lb, with full-year 2025 production of 224,764 tonnes at $2.44/lb, representing a 22% increase over 2024. Q4 adjusted EBITDA set a quarterly record at $308 million and revenue reached a new all-time high, reflecting completed project ramp-ups at Mantoverde and Cozamin."2025 was an inflection point for Capstone, representing tangible delivery on peer leading growth with our copper production up 22%," said Cashel Meagher, President and CEO of Capstone Copper. "Operationally, we met our consolidated production and cost guidance, driving record EBITDA generation. As we began to realize the benefits from completed projects, we also advanced our future phases of growth by sanctioning and beginning construction on Mantoverde Optimized, forming a partnership for our Santo Domingo Project, and initiating a new exploration program in the Mantoverde-Santo Domingo district."Capstone Copper is advancing the Mantoverde Optimized expansion in Chile and the Santo Domingo partnership toward a sanctioning decision, with 2026 operational focus on delivering dependable results as the company progresses its district growth strategy through exploration.Hot Chili (TSXV: HCH) (OTCQX: HHLKF) recorded its widest drill intercept to date at the La Verde copper-gold porphyry discovery within the 100%-owned Costa Fuego project in Chile's coastal Atacama region, with hole DKD039 intersecting 725m grading 0.42% CuEq from 18m depth. The result includes 62m grading 1.03% CuEq from 671m depth, extending La Verde's high-grade core approximately 200m down-dip, and a shallower 22m interval grading 0.71% CuEq from 42m that expands the emerging higher-grade starter pit.Two drill rigs are now operating at La Verde with a third planned for mobilization in May, as Hot Chili accelerates definition of the starter pit geometry and integration of La Verde's growing high-grade core into Costa Fuego's broader resource base and mining inventory. Eleven additional holes across four diamond and seven reverse circulation holes are pending assay results, with Hot Chili focused on delivering a resource update and starter pit definition at Costa Fuego in 2026.Hudbay Minerals (NYSE: HBM) (TSX: HBM) released updated mineral reserve estimates and a three-year production outlook projecting a 24% increase in consolidated copper production through 2028, driven by mine life extensions at three operations: Constancia extended to 2040, Snow Lake to 2041, and Copper Mountain to 2045. The company is also advancing Copper World toward a sanctioning decision in 2026 and integrating the Cactus project through the strategic acquisition of Arizona Sonoran."Our updated mineral reserve estimates and three-year production outlook demonstrate Hudbay's continued success from our exploration initiatives and an improved copper and gold production profile from our three long life operations in tier one mining jurisdictions in the Americas," said Peter Kukielski, President and CEO of Hudbay Minerals. "With our newly released guidance through 2028, consolidated copper production is expected to increase by 24%, complemented by continued strong gold exposure."Hudbay Minerals operates copper and gold mines in Peru, Canada, and the United States, with the updated reserves and production outlook reflecting the company's strategy of brownfield exploration, mine life extension, and organic growth across its three long-life asset base.FURTHER READING: https://equity-insider.com/2026/03/18/a-3-billion-partner-is-building-this-copper-gold-mine-salazar-keeps-25/CONTACT:
EQUITY INSIDER
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity-Insider.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca media Corp, who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for Salazar Resources Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. ("BAY") There may also be 3rd parties who may have shares of Salazar Resources Ltd. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY own shares of Salazar Resources Ltd and reserve the right to buy and sell, and will buy and sell shares of Salazar Resources Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Salazar Resources Ltd. Technical information relating to Salazar Resources Ltd. has been reviewed and approved by Kieran Downes, P.Geo., a Qualified Person as defined by National Instrument 43-101 and a consulting geologist to Salazar, has reviewed and approved the scientific and technical information cited from the linked-to news releases.; this is a paid advertisement, we currently own shares of Salazar Resources Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs https://www.fastmarkets.com/insights/copper-supply-lags-demand-as-permitting-delays-lower-grades-policy/ https://www.jpmorgan.com/insights/global-research/commodities/copper-outlook https://www.canadianminingreport.com/blog/bc-exploration-spending-hits-record-high-as-copper-demand-surges-what-it-means-for-investorsLogo: https://mma.prnewswire.com/media/2840019/Equity_Insider_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/record-quarters-zero-relief-coppers-gap-keeps-growing-302766760.html Original: Record Quarters, Zero Relief: Copper's Gap Keeps Growing
NYBob
5年前
$HudBay Minerals (TSX:HBM) - Ex. folding fiat notes, physical gold in
possession has no interest rate, but as money it is routinely loaned,
leased and swapped for fiat.
This would not happen if gold, silver & copper was not the real money.
Because of its innate stability, gold’s interest rate is low.
Figure 4 illustrates why copper Cu is like and also been the real
legal tender money for a long time....
RE: I definitely think copper should be part of everyone's portfolio.
I appreciate your DD, NYBob.
https://www.kitco.com/commentaries/2021-06-08/Is-copper-the-new-golden-child-of-the-metals-group.html
Silver, Copper and Gold...
Ex. Note...Ex. This IVN vs. NCU
"Kamoa-Kakula Copper Mine is powered by clean, renewable hydro-generated electricity."
Climate change is causing Kariba to dry up
The world’s largest man-made reservoir, that of the Kariba Dam –
which has provided electricity to Zambia and Zimbabwe for over five
decades – hasn’t been spared by the droughts.
According to the Zambezi River Authority (ZRA), in recent months the
inflows of water from the Zambezi River that feed it have dwindled
to a third compared to a year ago.
Renewable IF climate change drought doesn't disrupt food production or
cyclones destroy transportation infrastructure
February 11, 2011 - Cyclone Bingiza emerged into the Mozambique Channel after crossing northern Madagascar.
January 17, 2012 - Subtropical Depression Dando struck southern Mozambique
January 21, 2012 - Cyclone Funso
March 2012 - Tropical Storm Irina
February 2013 - Cyclone Haruna
January 2014 -
March 26, 2014 - Cyclone Hellen formed near the northeast coast of Mozambique, bringing rainfall to the region.
April 27, 2016 - The remnants of Cyclone Fantala produced flooding in Tanzania that killed eight people.
February 15, 2017 - Cyclone Dineo struck central Mozambique, causing flooding that extended into Zimbabwe and Malawi. Dineo killed 271 people and caused over US$200 million in damage.
January 14, 2018 - A tropical depression formed over Mozambique.
January 17, 2019 - A tropical low formed over Mozambique and later intensified into Tropical Storm Desmond in the Mozambique Channel.
March 4, 2019 - A tropical depression moved ashore Mozambique, and later moved into the Mozambique Channel, strengthening into Cyclone Idai. The intense tropical cyclone made landfall near Beira. The cyclone killed 1,000 people.
April 25, 2019 - Cyclone Kenneth became the strongest tropical cyclone on record to strike Mozambique, when it moved ashore just north of Pemba. The JTWC estimated landfall winds of 220 km/h (140 mph). Kenneth killed 45 people in Mozambique, less than two months after Idai's deadly trek through the region.[12][13][14]Climate change is causing Kariba to dry up
by bogfit
Rockcliff to Commence Drill Programs at the High Grade TGR Ni-PGE Prospect and the Copperman Deposit
C.RCLF | 10 hours ago
https://stockhouse.com/news/press-releases/2021/06/17/rockcliff-to-commence-drill-programs-at-the-high-grade-tgr-ni-pge-prospect-and
https://stockhouse.com/news/press-releases/2021/06/17/rockcliff-to-commence-drill-programs-at-the-high-grade-tgr-ni-pge-prospect-and
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5年前
Copper Conference please, tell me more about your opinions about ex. HUDBAY, IVN and NCU -
TIA
$Bountiful_Harvest thanks; Nevada Copper Corp (NEVDF)
RE: I definitely think copper should be part of everyone's portfolio.
I appreciate your DD, NYBob.
https://www.kitco.com/commentaries/2021-06-08/Is-copper-the-new-golden-child-of-the-metals-group.html
Silver, Copper and Gold...
Note...Ex. This IVN vs. NCU
"Kamoa-Kakula Copper Mine is powered by clean, renewable hydro-generated electricity."
Climate change is causing Kariba to dry up
The world’s largest man-made reservoir, that of the Kariba Dam –
which has provided electricity to Zambia and Zimbabwe for over five
decades – hasn’t been spared by the droughts.
According to the Zambezi River Authority (ZRA), in recent months the
inflows of water from the Zambezi River that feed it have dwindled
to a third compared to a year ago.
Renewable IF climate change drought doesn't disrupt food production or
cyclones destroy transportation infrastructure
February 11, 2011 - Cyclone Bingiza emerged into the Mozambique Channel after crossing northern Madagascar.
January 17, 2012 - Subtropical Depression Dando struck southern Mozambique
January 21, 2012 - Cyclone Funso
March 2012 - Tropical Storm Irina
February 2013 - Cyclone Haruna
January 2014 -
March 26, 2014 - Cyclone Hellen formed near the northeast coast of Mozambique, bringing rainfall to the region.
April 27, 2016 - The remnants of Cyclone Fantala produced flooding in Tanzania that killed eight people.
February 15, 2017 - Cyclone Dineo struck central Mozambique, causing flooding that extended into Zimbabwe and Malawi. Dineo killed 271 people and caused over US$200 million in damage.
January 14, 2018 - A tropical depression formed over Mozambique.
January 17, 2019 - A tropical low formed over Mozambique and later intensified into Tropical Storm Desmond in the Mozambique Channel.
March 4, 2019 - A tropical depression moved ashore Mozambique, and later moved into the Mozambique Channel, strengthening into Cyclone Idai. The intense tropical cyclone made landfall near Beira. The cyclone killed 1,000 people.
April 25, 2019 - Cyclone Kenneth became the strongest tropical cyclone on record to strike Mozambique, when it moved ashore just north of Pemba. The JTWC estimated landfall winds of 220 km/h (140 mph). Kenneth killed 45 people in Mozambique, less than two months after Idai's deadly trek through the region.[12][13][14]Climate change is causing Kariba to dry up
by bogfit
----
$NEVADA COPPER | Pumpkin Hollow, 2 Mines Loaded with Copper
712 views•Premiered May 26, 2021
BUILDING THE NEXT MID-TIER COPPER PRODUCER
Nevada Copper (TSX:NCU) is a US copper producer and owner of
Pumpkin Hollow, which hosts an underground project that is
now in production, and an open pit development.
The property is located in Nevada (USA) – rated by
The Fraser Institute as the World #1 mining jurisdiction.
The processing facility commenced production in December, 2019,
using development ore stockpiled during construction of
the underground mine.
The project benefits from a straightforward approach to production,
together with a desert climate and local topography that
facilitates efficient, eco-friendly mining techniques.
In addition, the local district of Yerington is a former copper-
producing region with superb infrastructure and
a skilled workforce.
The project’s substantial reserves and resources include copper, gold
and silver and there is clear potential for deposit expansion and
greenfield exploration.
https://www.youtube.com/watch?v=vIEmMHVZefA&t=62s
Nevada Copper: (TSX: NCU | OTC: NEVDF)
Website:
http://www.nevadacopper.com
Corporate Presentation:
https://nevadacopper.com/investors/presentations/
$Nevada Copper Corp (NEVDF) Building A New US Copper District -
https://investors.nevadacopper.com/alerts/?utm_campaign=core_ld_remark&utm_source=google&utm_medium=display&utm_content=r1&gclid=EAIaIQobChMIrrnh_e7o8AIVpOdbCh25JQRJEAEYASAAEgIIpfD_BwE
$Nevada Copper mines first stope at Pumpkin Hollow
Posted by Paul Moore on 18th May 2021
There were significant improvements made to the processing plant
performance and recoveries during the quarter.
The company achieved a weekly average of 4,700 t/d and a maximum
daily milling throughput of 5,000 t/d during March, while batch
processing ore.
119,000 t of ore were processed through the concentrator in Q1.
Approximately 3,173 t of concentrate was produced at a 24% average
copper grade for Q1 and reaching 26% average copper grade in March.
Recoveries improved from 82% in Q4 2020, to recovery levels above 90%
in 2021.
“I am pleased with the progress achieved in Q1 at our underground mine
and the dedication of our team,” stated Mike Ciricillo, Chief Executive
Officer of Nevada Copper.
“The operation made significant progress through the ramp-up during the
first quarter, and we look forward to the interim milestone of
production rates of 3,000 tpd expected in June, 2021 and continuing our
ramp-up to steady state production.”
https://im-mining.com/2021/05/18/nevada-copper-mines-first-stope-pumpkin-hollow/
Copper rebounds despite China trying to control
https://www.mining.com/copper-price-rebounds-demand-signals-are-still-firing-on-all-cylinders-td-securities/
Nevada Copper Corp (NCU)(NEVDF) NCU.C Analysis -
http://www.stockta.com/cgi-bin/analysis.pl?symb=NCU.C&cobrand=&mode=stock
silver_bars thanks; NvCu might start seeing a premium build up soon ...
as Chile is the #1 Copper producer in the world ....
https://www.zerohedge.com/commodities/worlds-largest-lithium-producer-crashes-10-chilean-political-storm
Growing uncertainty in Chile/Peru make Nevada Copper strategically more
important ... a hard left turn from the govts of Chile/Peru should be
very good for NvCu ....
https://www.gata.org/node/21160
https://www.reuters.com/world/americas/worlds-top-copper-region-political-risk-rises-2021-05-17/
$Nevada Copper Corp (NCU.TO)
BARCHART OPINION
https://www.barchart.com/stocks/quotes/NCU.TO/opinion
$Nevada Copper Corp. starting Cu-Bull Run has just started but
it's a long hike back UP, imo!
NvCu might start seeing a premium build up soon ... as Chile is the #1 Copper producer in the world ....
https://www.zerohedge.com/commodities/worlds-largest-lithium-producer-crashes-10-chilean-political-storm
Quote:
Growing uncertainty in Chile/Peru make Nevada Copper strategically more important ... a hard left turn from the govts of Chile/Peru should be very good for NvCu ....
https://www.gata.org/node/21160
https://www.reuters.com/world/americas/worlds-top-copper-region-political-risk-rises-2021-05-17/
$bigone thanks; Copper expected to rise to record highs later this year
433 views•May 7, 2021
https://www.youtube.com/watch?v=BWkn07W7G1M
$Is there a buyers on the horizon )
It’s a perfect setup...
The reality is that the future looks pretty bright for
Nevada Copper Corp (NEVDF) or Hudbay with large copper properties
beside each other =
Likely profitable going forward and holding some excellent properties
in stable jurisdictions.
It is a perfect time for Barrick or ? to make a play for Nevada Copper
or/and Hudbay.
Ex...
Barrick has publicly stated that they are looking for a copper play.
Maybe soon to moon )
Russia elite billionaire taken large position with great future
foresight -
$China, Peru, and the copper bull market
12,351 views•May 8, 2021
https://www.youtube.com/watch?v=NGDmrKktevg
$Lucky NCU is only now bringing up High-Grade ore
We will now be selling high grade at these kind of prices
instead of the $2.75 or something that the original hedging
was done at.
)
$4.7570 +0.0398 +0.84%
21:44:03 - Real-time derived data. Currency in USD ( Disclaimer )
$Remember 65,000,000 pounds of copper per year soon to be burbing up
from the underground mine alone... U can do the math.
by Notgnu
$What’s Behind Surging Copper Prices?
3,186 views•May 11, 2021
https://www.youtube.com/watch?v=Uc9KfIPzp5A
Record High Metal Prices - Copper and Steel Demand Surge
417 views•May 9, 2021
https://www.youtube.com/watch?v=7qXSHwcUYQc
$Nevada Copper Corp (NEVDF) Analyst; Copper to surge at
least seven-fold before this bull market is
over ..... )
https://www.kitco.com/news/2021-05-11/Copper-to-surge-at-least-seven-fold-before-this-bull-market-is-over-Goehring-Rozencwajg.html
$Copper price hits 10-year highs; where is it headed from here? –
Gary Wagner
21,717 views•Apr 26, 2021
https://www.youtube.com/watch?v=VOhe4hQmGrE
$Nevada Copper Corp (NEVDF) First New Source of Copper Supply in the US in a Decade Comes Online
Contributed Opinion - New Mill 5000 t/d it would take 10-20yrs for
someone else to get permits , construction development etc. -
NCU got it, made it and its a Mother Lode Cu-Au-Ag bargain today -
for fiat peanuts- slave currency IMO!
$nowwhat2 thanks; Copper outlook just became even stronger >>> maybe $20,000 !
https://www.cnbc.com/2021/05/06/copper-is-the-new-oil-and-could-hit-20000-per-ton-analysts-say.html
$Copper's supply crunch will drive prices to $13,000 or even $20K - Bank of America
https://www.kitco.com/news/2021-05-05/Copper-s-supply-crunch-will-drive-prices-to-13-000-or-even-20K-Bank-of-America.html
$nw2 well it's long overdue for NEVDF to move to the Cu-BULL TOP -
to Ccpycat Ex...EXMGF's BULL-RUN - NEVDF MOVE UP ROCKET TO GOOOOOO )
$Nevada Copper Corp. starting Cu-Bull Run - We want it ROCKET Back UP
$6/sh++++ let's Move IT FLY NCU )
$Why has silver price not yet spiked from demand, but copper has? Lobo Tiggre
65,199 views•Apr 28, 2021
https://www.youtube.com/watch?v=6mgOPnZ1Vbc
$Nevada Copper Corp (NEVDF) RE: Converted to Canadian = $1.66 to $3.30 per share......
At $4.50 copper, 2.3 billion fully diluted shares and 70,000 TPD open
pit:
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds plus 65 million pounds from
underground = 290 million pounds X ~ $2.50 profit = $725,000,000 free
cash-flow per year.
$0.725 billion p/year cash flow X5 multiple = $3.63 billion / 2.3 billion shares = $1.58 USD p/s
$0.725 billion p/year cash flow X6 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.725 billion p/year cash flow X7 multiple = $5.08 billion / 2.3 billion shares = $2.21 USD p/s
$0.725 billion p/year cash flow X8 multiple = $5.80 billion / 2.3 billion shares = $2.52 USD p/s
$0.725 billion p/year cash flow X9 multiple = $6.53 billion / 2.3 billion shares = $2.84 USD p/s
$0.725 billion p/year cash flow X10multiple =$7.25 billion / 2.3 billion shares = $3.15 USD p/s
$1.96 CAD to $3.91 CAD per share
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$At $5.00 copper, 2.3 billion fully diluted shares and 70,000 TPD
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds, plus 65 million pounds from
underground = 290 million pounds X ~ $3.00 profit = $870,000,000 free
cash-flow per year.
$0.87 billion p/year cash flow X5 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.87 billion p/year cash flow X6 multiple = $5.22 billion / 2.3 billion shares = $2.27 USD p/s
$0.87 billion p/year cash flow X7 multiple = $6.09 billion / 2.3 billion shares = $2.65 USD p/s
$0.87 billion p/year cash flow X8 multiple = $6.96 billion / 2.3 billion shares = $3.03 USD p/s
$0.87 billion p/year cash flow X9 multiple = $7.83 billion / 2.3 billion shares = $3.40 USD p/s
$0.87 billion p/year cash flow X10multiple =$8.70 billion / 2.3 billion shares = $3.78 USD p/s
$2.36 CAD to $4.72 CAD per share
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$Current underground mine as a stand alone after ramp up:
65 million pounds per year x $2.44 ($4.30 - $1.86 = $2.44)
Free cash-flow of about $159 million USD per year at a conservative, low 5 X cash-flow multiple =
$793 million, divided by 1.8 billion shares = $0.44 USD = $0.55 CAD
by nozzpack
$Joecanada13 EnjoY Nevada Copper Mine; Ya big block buys going through - The new golden oil - Looks primed for another bull run ^^^^^ )
https://www.msn.com/en-us/money/markets/copper-is-the-new-oil-and-could-reach-15000-by-2025-as-the-world-transitions-to-clean-energy-goldman-sachs-says/ar-BB1fE8bx
https://www.cnbc.com/2021/04/14/goldman-says-copper-is-the-new-oil-raises-price-forecast.html
$Nevada Copper - Pumpkin Hollow Project Extract - will be the great new
copper, silver, gold mine - )
$Nevada Copper Provides Operations Update
April 21, 2021
View PDF
April 21, 2021 –
$Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF)
(“Nevada Copper” or the “Company”) provides a project update for the
underground mine at its Pumpkin Hollow project (the “Underground
Project”).
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
Performance Highlights
First Stopes to Be Mined
The first stope will be mined in the East South Alphabets zone this week.
$The Alphabets zone is expected to carry copper equivalent grade of
approximately 2.5%.
Ventilation Expansion
The electrical upgrades have been completed and the fan bulkhead is in
the final stages of construction for installation of the remaining
underground ventilation fans.
Two additional underground ventilation fans, as previously announced,
are on schedule for installation in May, which should enable further
increases in underground development rates.
The surface ventilation fans remain on schedule for installation in the
third quarter of 2021.
Lateral Development
Lateral development in March increased 69% from February after the
previously announced electrical upgrades were completed.
Lateral development early in the first quarter 2021 was slower than
anticipated due to cautious progress through a water bearing dike.
Progress continues with penetration through the dike.
$Continuing to Increase Mill Throughput Rates
While we are still batch processing ore through the mill, we achieved a
weekly average of 4,700 tons per day (“tpd”) and maximum daily milling
throughput of 5,000 tpd during March.
Concentrate grade continues to be achieved that comply with off-take
specifications.
Concentrate grade has continued to rise, with an average grade of 26%
achieved in March compared to 24% during January and February.
The Company is on schedule to reach steady-state production of
approximately 5,000 tpd in the third quarter of 2021.
“We are pleased with the progress achieved in Q1 despite the challenges
with lateral development and we look forward to the imminent blasting
of our first high grade stopes,” stated Mike Ciricillo, Chief Executive
Officer of Nevada Copper.
“As well as advancing our stope development, we look forward to further
increases in underground development rates as we move closer to steady-
state production in Q3 this year.”
Qualified Persons
The information and data in this news release was reviewed by
Greg French, C.P.G., and Norm Bisson, P. Eng.,
for Nevada Copper, who are non-independent Qualified Persons
within the meaning of NI 43-101.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper producer and owner of
The Pumpkin Hollow Copper Mine project -
Located in Nevada, USA,
$Pumpkin Hollow Mine has substantial reserves and
resources including copper, gold and silver.
Its two fully permitted projects include the high-grade underground mine
and processing facility, which is now in the production stage, and
a large-scale open pit project, which is advancing towards
feasibility status.
NEVADA COPPER CORP.
http://www.nevadacopper.com
Mike Ciricillo, President and CEO
For further information contact:
Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us
+1 604 757 7179
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
https://nevadacopper.com/
$COPPER PRICE TECHNICAL ANALYSIS: DAILY CHART (MARCH 2020 TO APRIL 2021) (CHART 1)
$Copper prices have indeed found bullish resolution, with copper prices in
the past two days rising to their highest level since February 25 –
the day that the yearly high was established.
With a strong fundamental backdrop, the technical picture looks promising
as well.
Copper prices are above their daily 5-, 8-, 13-, and 21-EMA envelope,
which is in bullish sequential order. Daily MACD
$Nevada copper very Undervalued, oversold @ a bargain -
the Cu investors have not discovered Nevada Copper yet -
its a great opportunity, imo! )
Ex....
$Interview with Stephen Gill, chairman of Nevada Copper
Maurice Jackson of Proven and Probable talks with
Stephen Gill, chairman
of Nevada Copper, who discusses his company's copper project,
where the underground mine is ramping up production and
the open pit is fully permitted.
https://www.streetwisereports.com/article/2021/04/13/first-new-source-of-copper-supply-in-a-decade-comes-online-in-us.html
https://www.mining.com/goldman-doubles-down-record-high-copper-price-within-a-year/
https://nevadacopper.com/news
https://investorshub.advfn.com/Nevada-Copper-Corp-NEVDF-32771/
http://ow.ly/Ir5Z50EnREY
Iorich, Vladimir
Ex...
https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/vladimir-iorich-net-worth/
Ex. Iorich Vladimir bought in NCU for a much higher price and I am sure
he still will be doing very well on the LT longer term
Imo!
$Nevada Copper - Pumpkin Hollow Project Extract -
https://www.youtube.com/watch?v=fMZC65A7GPk
https://www.youtube.com/watch?v=rFw0OFaTHKs
https://nevadacopper.com/news
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
NYBob
5年前
nowwhat2 thanks; HUDBAY ANNOUNCES RELEASE OF ITS 18TH ANNUAL SUSTAINABILITY REPORT
MAY 18, 2021
TORONTO, May 18, 2021 (GLOBE NEWSWIRE) --
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced the release of its integrated annual and sustainability report (“Annual Sustainability Report”). The Annual Sustainability Report provides transparency and progress on key accomplishments and initiatives in 2020.
http://www.hudbay.com/news-media/default.aspx#2021#Hudbay-Announces-Release-of-its-18th-Annual-Sustainability-Report
Hudbay believes that continuously improving how the company manages the social, environmental and economic risks, impacts and opportunities associated with its activities is critical for the company’s long-term success.
Hudbay’s 2020 Annual Sustainability Report disclosures were mapped to the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) Metals & Mining industry standard and the Task Force on Climate-related Financial Disclosures (TCFD).
Hudbay also provides disclosure through the CDP Climate, Water, and Forests questionnaires.
To inform Hudbay’s sustainability programs and improve its performance, the company applies and voluntarily supports several international best practice standards, including ISO 14001, ISO 45001, ISO 9001, Towards Sustainable Mining, the Voluntary Principles on Security and Human Rights and International Finance Corporation (IFC) Performance Standards.
As a member of the Mining Association of Canada, Hudbay implements the Towards Sustainable Mining (TSM) Protocols at all of its operations, with the goal to maintain a score of “A” or higher for all protocols.
The implementation of the TSM Tailings protocol and the company’s commitment to ensuring that its Tailings Storage Facilities are constructed following the Canadian Dam Safety Guidelines represents substantial alignment to the new Global Tailings Standard released in 2020.
Over 50% of Hudbay’s total energy consumption in 2020 was from renewable sources. All electricity at Hudbay’s operations is supplied by third parties via regional grids. Nearly all of the electricity produced in Manitoba is through renewable hydropower and, in Peru, over 50% is from renewable sources.
Constancia continued its leading safety track record among Peruvian copper mines and was the first mine in Peru to obtain the SafeGuard certification, recognizing full compliance with all COVID-19 safety protocols.
Manitoba achieved its annual safety targets and continuous operations in an environment of enhanced COVID-19 safety protocols and controls, while working closely with the local health authorities.
Hudbay recognizes the opportunity that the mining industry has to positively contribute to the 17 UN Sustainable Development Goals (SDGs) that are a part of the UN’s 2030 Agenda for Sustainable Development.
At the end of 2020, Hudbay established a Diversity and Inclusion Committee composed of employees at the corporate office.
The committee will advise management on diversity, inclusion and equity topics and ideas, and help further our values and commitments, including those outlined in the company’s commitment to the BlackNorth CEO Pledge.
In terms of gender diversity, Hudbay supports the Catalyst Accord 2022 and the 30% Club, both of which call for the advancement of women in business, and the Board has adopted a stand-alone Diversity Policy that includes a target for the company to have at least 30% women directors.
“In 2020, like the rest of the world, Hudbay was confronted by the challenge of COVID-19. Thanks to the dedication of the many people across our organization, we were able to meet that challenge successfully and protect the well-being of our employees and communities while continuing our operations,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.
“Against a background of challenging political situations, we acknowledged the imperative of addressing climate change, and a renewed expectation that businesses must contribute to building a more inclusive society.
While our Annual Sustainability Report focuses on what we achieved in 2020, I see these accomplishments as the foundation for long-term growth and exceptional results.”
Details of the company’s annual and sustainability results can be found on Hudbay’s website at:
https://hudbayminerals.com/disclosure-centre/default.aspx
and the full Annual Sustainability Report can be downloaded here.
https://hudbayminerals.com/
http://www.hudbay.com/news-media/default.aspx#2021#Hudbay-Announces-Release-of-its-18th-Annual-Sustainability-Report
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5年前
$whytestocks thanks; Copper expected to rise to record highs later this year
433 views•May 7, 2021
https://www.youtube.com/watch?v=BWkn07W7G1M
$Is there a buyers on the horizon )
It’s a perfect setup...
The reality is that the future looks pretty bright for
Nevada Copper Corp (NEVDF) or Hudbay with large copper properties
beside each other =
Likely profitable going forward and holding some excellent properties
in stable jurisdictions.
It is a perfect time for Barrick or ? to make a play for Nevada Copper
or/and Hudbay.
Ex...
Barrick has publicly stated that they are looking for a copper play.
Maybe soon to moon )
Russia elite billionaire taken large position with great future
foresight -
$China, Peru, and the copper bull market
12,351 views•May 8, 2021
https://www.youtube.com/watch?v=NGDmrKktevg
$Lucky NCU is only now bringing up High-Grade ore
We will now be selling high grade at these kind of prices
instead of the $2.75 or something that the original hedging
was done at.
)
$4.7570 +0.0398 +0.84%
21:44:03 - Real-time derived data. Currency in USD ( Disclaimer )
$Remember 65,000,000 pounds of copper per year soon to be burbing up
from the underground mine alone... U can do the math.
by Notgnu
$What’s Behind Surging Copper Prices?
3,186 views•May 11, 2021
https://www.youtube.com/watch?v=Uc9KfIPzp5A
Record High Metal Prices - Copper and Steel Demand Surge
417 views•May 9, 2021
https://www.youtube.com/watch?v=7qXSHwcUYQc
$Nevada Copper Corp (NEVDF) Analyst; Copper to surge at
least seven-fold before this bull market is
over ..... )
https://www.kitco.com/news/2021-05-11/Copper-to-surge-at-least-seven-fold-before-this-bull-market-is-over-Goehring-Rozencwajg.html
$Copper price hits 10-year highs; where is it headed from here? –
Gary Wagner
21,717 views•Apr 26, 2021
https://www.youtube.com/watch?v=VOhe4hQmGrE
$Nevada Copper Corp (NEVDF) First New Source of Copper Supply in the US in a Decade Comes Online
Contributed Opinion - New Mill 5000 t/d it would take 10-20yrs for
someone else to get permits , construction development etc. -
NCU got it, made it and its a Mother Lode Cu-Au-Ag bargain today -
for fiat peanuts- slave currency IMO!
$nowwhat2 thanks; Copper outlook just became even stronger >>> maybe $20,000 !
https://www.cnbc.com/2021/05/06/copper-is-the-new-oil-and-could-hit-20000-per-ton-analysts-say.html
$Copper's supply crunch will drive prices to $13,000 or even $20K - Bank of America
https://www.kitco.com/news/2021-05-05/Copper-s-supply-crunch-will-drive-prices-to-13-000-or-even-20K-Bank-of-America.html
$nw2 well it's long overdue for NEVDF to move to the Cu-BULL TOP -
to Ccpycat Ex...EXMGF's BULL-RUN - NEVDF MOVE UP ROCKET TO GOOOOOO )
$Nevada Copper Corp. starting Cu-Bull Run - TO ROCKET Back UP $6/sh++++ BLAST IT )
$Why has silver price not yet spiked from demand, but copper has? Lobo Tiggre
65,199 views•Apr 28, 2021
https://www.youtube.com/watch?v=6mgOPnZ1Vbc
$Nevada Copper Corp (NEVDF) RE: Converted to Canadian = $1.66 to $3.30 per share......
At $4.50 copper, 2.3 billion fully diluted shares and 70,000 TPD open
pit:
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds plus 65 million pounds from
underground = 290 million pounds X ~ $2.50 profit = $725,000,000 free
cash-flow per year.
$0.725 billion p/year cash flow X5 multiple = $3.63 billion / 2.3 billion shares = $1.58 USD p/s
$0.725 billion p/year cash flow X6 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.725 billion p/year cash flow X7 multiple = $5.08 billion / 2.3 billion shares = $2.21 USD p/s
$0.725 billion p/year cash flow X8 multiple = $5.80 billion / 2.3 billion shares = $2.52 USD p/s
$0.725 billion p/year cash flow X9 multiple = $6.53 billion / 2.3 billion shares = $2.84 USD p/s
$0.725 billion p/year cash flow X10multiple =$7.25 billion / 2.3 billion shares = $3.15 USD p/s
$1.96 CAD to $3.91 CAD per share
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$At $5.00 copper, 2.3 billion fully diluted shares and 70,000 TPD
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds, plus 65 million pounds from
underground = 290 million pounds X ~ $3.00 profit = $870,000,000 free
cash-flow per year.
$0.87 billion p/year cash flow X5 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.87 billion p/year cash flow X6 multiple = $5.22 billion / 2.3 billion shares = $2.27 USD p/s
$0.87 billion p/year cash flow X7 multiple = $6.09 billion / 2.3 billion shares = $2.65 USD p/s
$0.87 billion p/year cash flow X8 multiple = $6.96 billion / 2.3 billion shares = $3.03 USD p/s
$0.87 billion p/year cash flow X9 multiple = $7.83 billion / 2.3 billion shares = $3.40 USD p/s
$0.87 billion p/year cash flow X10multiple =$8.70 billion / 2.3 billion shares = $3.78 USD p/s
$2.36 CAD to $4.72 CAD per share
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$Current underground mine as a stand alone after ramp up:
65 million pounds per year x $2.44 ($4.30 - $1.86 = $2.44)
Free cash-flow of about $159 million USD per year at a conservative, low 5 X cash-flow multiple =
$793 million, divided by 1.8 billion shares = $0.44 USD = $0.55 CAD
by nozzpack
$Joecanada13 EnjoY Nevada Copper Mine; Ya big block buys going through - The new golden oil - Looks primed for another bull run ^^^^^ )
https://www.msn.com/en-us/money/markets/copper-is-the-new-oil-and-could-reach-15000-by-2025-as-the-world-transitions-to-clean-energy-goldman-sachs-says/ar-BB1fE8bx
https://www.cnbc.com/2021/04/14/goldman-says-copper-is-the-new-oil-raises-price-forecast.html
$Nevada Copper - Pumpkin Hollow Project Extract - will be the great new
copper, silver, gold mine - )
$Nevada Copper Provides Operations Update
April 21, 2021
View PDF
April 21, 2021 –
$Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF)
(“Nevada Copper” or the “Company”) provides a project update for the
underground mine at its Pumpkin Hollow project (the “Underground
Project”).
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
Performance Highlights
First Stopes to Be Mined
The first stope will be mined in the East South Alphabets zone this week.
$The Alphabets zone is expected to carry copper equivalent grade of
approximately 2.5%.
Ventilation Expansion
The electrical upgrades have been completed and the fan bulkhead is in
the final stages of construction for installation of the remaining
underground ventilation fans.
Two additional underground ventilation fans, as previously announced,
are on schedule for installation in May, which should enable further
increases in underground development rates.
The surface ventilation fans remain on schedule for installation in the
third quarter of 2021.
Lateral Development
Lateral development in March increased 69% from February after the
previously announced electrical upgrades were completed.
Lateral development early in the first quarter 2021 was slower than
anticipated due to cautious progress through a water bearing dike.
Progress continues with penetration through the dike.
$Continuing to Increase Mill Throughput Rates
While we are still batch processing ore through the mill, we achieved a
weekly average of 4,700 tons per day (“tpd”) and maximum daily milling
throughput of 5,000 tpd during March.
Concentrate grade continues to be achieved that comply with off-take
specifications.
Concentrate grade has continued to rise, with an average grade of 26%
achieved in March compared to 24% during January and February.
The Company is on schedule to reach steady-state production of
approximately 5,000 tpd in the third quarter of 2021.
“We are pleased with the progress achieved in Q1 despite the challenges
with lateral development and we look forward to the imminent blasting
of our first high grade stopes,” stated Mike Ciricillo, Chief Executive
Officer of Nevada Copper.
“As well as advancing our stope development, we look forward to further
increases in underground development rates as we move closer to steady-
state production in Q3 this year.”
Qualified Persons
The information and data in this news release was reviewed by
Greg French, C.P.G., and Norm Bisson, P. Eng.,
for Nevada Copper, who are non-independent Qualified Persons
within the meaning of NI 43-101.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper producer and owner of
The Pumpkin Hollow Copper Mine project -
Located in Nevada, USA,
$Pumpkin Hollow Mine has substantial reserves and
resources including copper, gold and silver.
Its two fully permitted projects include the high-grade underground mine
and processing facility, which is now in the production stage, and
a large-scale open pit project, which is advancing towards
feasibility status.
NEVADA COPPER CORP.
http://www.nevadacopper.com
Mike Ciricillo, President and CEO
For further information contact:
Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us
+1 604 757 7179
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
https://nevadacopper.com/
$COPPER PRICE TECHNICAL ANALYSIS: DAILY CHART (MARCH 2020 TO APRIL 2021) (CHART 1)
$Copper prices have indeed found bullish resolution, with copper prices in
the past two days rising to their highest level since February 25 –
the day that the yearly high was established.
With a strong fundamental backdrop, the technical picture looks promising
as well.
Copper prices are above their daily 5-, 8-, 13-, and 21-EMA envelope,
which is in bullish sequential order. Daily MACD
$Nevada copper very Undervalued, oversold @ a bargain -
the Cu investors have not discovered Nevada Copper yet -
its a great opportunity, imo! )
Ex....
$Interview with Stephen Gill, chairman of Nevada Copper
Maurice Jackson of Proven and Probable talks with
Stephen Gill, chairman
of Nevada Copper, who discusses his company's copper project,
where the underground mine is ramping up production and
the open pit is fully permitted.
https://www.streetwisereports.com/article/2021/04/13/first-new-source-of-copper-supply-in-a-decade-comes-online-in-us.html
https://www.mining.com/goldman-doubles-down-record-high-copper-price-within-a-year/
https://nevadacopper.com/news
https://investorshub.advfn.com/Nevada-Copper-Corp-NEVDF-32771/
http://ow.ly/Ir5Z50EnREY
Iorich, Vladimir
Ex...
https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/vladimir-iorich-net-worth/
Ex. Iorich Vladimir bought in NCU for a much higher price and I am sure
he still will be doing very well on the LT longer term
Imo!
$Nevada Copper - Pumpkin Hollow Project Extract -
https://www.youtube.com/watch?v=fMZC65A7GPk
https://www.youtube.com/watch?v=rFw0OFaTHKs
https://nevadacopper.com/news
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5年前
$Is there a buyers on the horizon )
It’s a perfect setup...
The reality is that the future looks pretty bright for
Nevada Copper Corp (NEVDF) or Hudbay with large copper properties
beside each other =
Likely profitable going forward and holding some excellent properties
in stable jurisdictions.
It is a perfect time for Barrick or ? to make a play for Nevada Copper
or/and Hudbay.
Ex...
Barrick has publicly stated that they are looking for a copper play.
Maybe soon to moon )
Russia elite billionaire taken large position with great future
foresight -
$China, Peru, and the copper bull market
12,351 views•May 8, 2021
https://www.youtube.com/watch?v=NGDmrKktevg
$Lucky NCU is only now bringing up High-Grade ore
We will now be selling high grade at these kind of prices
instead of the $2.75 or something that the original hedging
was done at.
)
$4.7570 +0.0398 +0.84%
21:44:03 - Real-time derived data. Currency in USD ( Disclaimer )
$Remember 65,000,000 pounds of copper per year soon to be burbing up
from the underground mine alone... U can do the math.
by Notgnu
$What’s Behind Surging Copper Prices?
3,186 views•May 11, 2021
https://www.youtube.com/watch?v=Uc9KfIPzp5A
Record High Metal Prices - Copper and Steel Demand Surge
417 views•May 9, 2021
https://www.youtube.com/watch?v=7qXSHwcUYQc
$Nevada Copper Corp (NEVDF) Analyst; Copper to surge at
least seven-fold before this bull market is
over ..... )
https://www.kitco.com/news/2021-05-11/Copper-to-surge-at-least-seven-fold-before-this-bull-market-is-over-Goehring-Rozencwajg.html
$Copper price hits 10-year highs; where is it headed from here? –
Gary Wagner
21,717 views•Apr 26, 2021
https://www.youtube.com/watch?v=VOhe4hQmGrE
$Nevada Copper Corp (NEVDF) First New Source of Copper Supply in the US in a Decade Comes Online
Contributed Opinion - New Mill 5000 t/d it would take 10-20yrs for
someone else to get permits , construction development etc. -
NCU got it, made it and its a Mother Lode Cu-Au-Ag bargain today -
for fiat peanuts- slave currency IMO!
$nowwhat2 thanks; Copper outlook just became even stronger >>> maybe $20,000 !
https://www.cnbc.com/2021/05/06/copper-is-the-new-oil-and-could-hit-20000-per-ton-analysts-say.html
$Copper's supply crunch will drive prices to $13,000 or even $20K - Bank of America
https://www.kitco.com/news/2021-05-05/Copper-s-supply-crunch-will-drive-prices-to-13-000-or-even-20K-Bank-of-America.html
$nw2 well it's long overdue for NEVDF to move to the Cu-BULL TOP -
to Ccpycat Ex...EXMGF's BULL-RUN - NEVDF MOVE UP ROCKET TO GOOOOOO )
$Nevada Copper Corp. starting Cu-Bull Run - TO ROCKET Back UP $6/sh++++ BLAST IT )
$Why has silver price not yet spiked from demand, but copper has? Lobo Tiggre
65,199 views•Apr 28, 2021
https://www.youtube.com/watch?v=6mgOPnZ1Vbc
$Nevada Copper Corp (NEVDF) RE: Converted to Canadian = $1.66 to $3.30 per share......
At $4.50 copper, 2.3 billion fully diluted shares and 70,000 TPD open
pit:
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds plus 65 million pounds from
underground = 290 million pounds X ~ $2.50 profit = $725,000,000 free
cash-flow per year.
$0.725 billion p/year cash flow X5 multiple = $3.63 billion / 2.3 billion shares = $1.58 USD p/s
$0.725 billion p/year cash flow X6 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.725 billion p/year cash flow X7 multiple = $5.08 billion / 2.3 billion shares = $2.21 USD p/s
$0.725 billion p/year cash flow X8 multiple = $5.80 billion / 2.3 billion shares = $2.52 USD p/s
$0.725 billion p/year cash flow X9 multiple = $6.53 billion / 2.3 billion shares = $2.84 USD p/s
$0.725 billion p/year cash flow X10multiple =$7.25 billion / 2.3 billion shares = $3.15 USD p/s
$1.96 CAD to $3.91 CAD per share
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$At $5.00 copper, 2.3 billion fully diluted shares and 70,000 TPD
70,000 tpd X .005 copper equivalent X 88% recovery X 2000 pounds per ton
X 365 days per year = 225 million pounds, plus 65 million pounds from
underground = 290 million pounds X ~ $3.00 profit = $870,000,000 free
cash-flow per year.
$0.87 billion p/year cash flow X5 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.87 billion p/year cash flow X6 multiple = $5.22 billion / 2.3 billion shares = $2.27 USD p/s
$0.87 billion p/year cash flow X7 multiple = $6.09 billion / 2.3 billion shares = $2.65 USD p/s
$0.87 billion p/year cash flow X8 multiple = $6.96 billion / 2.3 billion shares = $3.03 USD p/s
$0.87 billion p/year cash flow X9 multiple = $7.83 billion / 2.3 billion shares = $3.40 USD p/s
$0.87 billion p/year cash flow X10multiple =$8.70 billion / 2.3 billion shares = $3.78 USD p/s
$2.36 CAD to $4.72 CAD per share
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
$Current underground mine as a stand alone after ramp up:
65 million pounds per year x $2.44 ($4.30 - $1.86 = $2.44)
Free cash-flow of about $159 million USD per year at a conservative, low 5 X cash-flow multiple =
$793 million, divided by 1.8 billion shares = $0.44 USD = $0.55 CAD
by nozzpack
$Joecanada13 EnjoY Nevada Copper Mine; Ya big block buys going through - The new golden oil - Looks primed for another bull run ^^^^^ )
https://www.msn.com/en-us/money/markets/copper-is-the-new-oil-and-could-reach-15000-by-2025-as-the-world-transitions-to-clean-energy-goldman-sachs-says/ar-BB1fE8bx
https://www.cnbc.com/2021/04/14/goldman-says-copper-is-the-new-oil-raises-price-forecast.html
$Nevada Copper - Pumpkin Hollow Project Extract - will be the great new
copper, silver, gold mine - )
$Nevada Copper Provides Operations Update
April 21, 2021
View PDF
April 21, 2021 –
$Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF)
(“Nevada Copper” or the “Company”) provides a project update for the
underground mine at its Pumpkin Hollow project (the “Underground
Project”).
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
Performance Highlights
First Stopes to Be Mined
The first stope will be mined in the East South Alphabets zone this week.
$The Alphabets zone is expected to carry copper equivalent grade of
approximately 2.5%.
Ventilation Expansion
The electrical upgrades have been completed and the fan bulkhead is in
the final stages of construction for installation of the remaining
underground ventilation fans.
Two additional underground ventilation fans, as previously announced,
are on schedule for installation in May, which should enable further
increases in underground development rates.
The surface ventilation fans remain on schedule for installation in the
third quarter of 2021.
Lateral Development
Lateral development in March increased 69% from February after the
previously announced electrical upgrades were completed.
Lateral development early in the first quarter 2021 was slower than
anticipated due to cautious progress through a water bearing dike.
Progress continues with penetration through the dike.
$Continuing to Increase Mill Throughput Rates
While we are still batch processing ore through the mill, we achieved a
weekly average of 4,700 tons per day (“tpd”) and maximum daily milling
throughput of 5,000 tpd during March.
Concentrate grade continues to be achieved that comply with off-take
specifications.
Concentrate grade has continued to rise, with an average grade of 26%
achieved in March compared to 24% during January and February.
The Company is on schedule to reach steady-state production of
approximately 5,000 tpd in the third quarter of 2021.
“We are pleased with the progress achieved in Q1 despite the challenges
with lateral development and we look forward to the imminent blasting
of our first high grade stopes,” stated Mike Ciricillo, Chief Executive
Officer of Nevada Copper.
“As well as advancing our stope development, we look forward to further
increases in underground development rates as we move closer to steady-
state production in Q3 this year.”
Qualified Persons
The information and data in this news release was reviewed by
Greg French, C.P.G., and Norm Bisson, P. Eng.,
for Nevada Copper, who are non-independent Qualified Persons
within the meaning of NI 43-101.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper producer and owner of
The Pumpkin Hollow Copper Mine project -
Located in Nevada, USA,
$Pumpkin Hollow Mine has substantial reserves and
resources including copper, gold and silver.
Its two fully permitted projects include the high-grade underground mine
and processing facility, which is now in the production stage, and
a large-scale open pit project, which is advancing towards
feasibility status.
NEVADA COPPER CORP.
http://www.nevadacopper.com
Mike Ciricillo, President and CEO
For further information contact:
Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us
+1 604 757 7179
https://nevadacopper.com/news/nevada-copper-provides-operations-update/
https://nevadacopper.com/
$COPPER PRICE TECHNICAL ANALYSIS: DAILY CHART (MARCH 2020 TO APRIL 2021) (CHART 1)
$Copper prices have indeed found bullish resolution, with copper prices in
the past two days rising to their highest level since February 25 –
the day that the yearly high was established.
With a strong fundamental backdrop, the technical picture looks promising
as well.
Copper prices are above their daily 5-, 8-, 13-, and 21-EMA envelope,
which is in bullish sequential order. Daily MACD
$Nevada copper very Undervalued, oversold @ a bargain -
the Cu investors have not discovered Nevada Copper yet -
its a great opportunity, imo! )
Ex....
$Interview with Stephen Gill, chairman of Nevada Copper
Maurice Jackson of Proven and Probable talks with
Stephen Gill, chairman
of Nevada Copper, who discusses his company's copper project,
where the underground mine is ramping up production and
the open pit is fully permitted.
https://www.streetwisereports.com/article/2021/04/13/first-new-source-of-copper-supply-in-a-decade-comes-online-in-us.html
https://www.mining.com/goldman-doubles-down-record-high-copper-price-within-a-year/
https://nevadacopper.com/news
https://investorshub.advfn.com/Nevada-Copper-Corp-NEVDF-32771/
http://ow.ly/Ir5Z50EnREY
Iorich, Vladimir
Ex...
https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/vladimir-iorich-net-worth/
Ex. Iorich Vladimir bought in NCU for a much higher price and I am sure
he still will be doing very well on the LT longer term
Imo!
$Nevada Copper - Pumpkin Hollow Project Extract -
https://www.youtube.com/watch?v=fMZC65A7GPk
https://www.youtube.com/watch?v=rFw0OFaTHKs
https://nevadacopper.com/news
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5年前
Hudbay Announces First Quarter 2021 Results
May$ 11, 2021
DOWNLOADPDF FORMAT (OPENS IN NEW WINDOW)
TORONTO, May 11, 2021 (GLOBE NEWSWIRE) --
$Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today
released its first quarter 2021 financial results. All amounts are in
U.S. dollars, unless otherwise noted.
First Quarter Operating and Financial Results
http://www.hudbay.com/investors/press-releases/press-release-details/2021/Hudbay-Announces-First-Quarter-2021-Results/default.aspx
Consolidated copper production in the first quarter was 24,553 tonnes at cash cost and sustaining cash cost1 per pound of copper produced, net of by-product credits, of $1.04 and $2.16, respectively.
Consolidated gold production in the first quarter was 35,500 ounces, a record for Hudbay.
Full year 2021 production and operating cost guidance reaffirmed; Pampacancha production commenced in April 2021, in line with guidance.
First quarter Manitoba copper production significantly increased from 2020 levels primarily due to higher grades at 777 and higher recoveries at the Flin Flon concentrator; sales volumes were impacted by the availability of railcars during the quarter with 5,000 tonnes of copper concentrate inventory in excess of normal operating levels, valued at approximately $18 million.
First quarter Peru sales impacted by a 10,000 tonne shipment of copper concentrate, valued at approximately $21 million, for which a payment was received but not recorded as revenue due to the timing of the shipment being delayed to early April.
Peru's production in the first quarter was impacted by increased ore hardness as well as a semi-annual scheduled plant shutdown in January.
First quarter net loss and loss per share were $60.1 million and $0.23, respectively. After adjusting for one-time financing charges mainly related to the redemption of the 2025 senior notes and a revaluation of the gold prepayment liability, first quarter adjusted net loss per sharei was $0.06. First quarter adjusted EBITDAi was $104.2 million.
Operating cash flow before change in non-cash working capital increased to $90.7 million in the first quarter of 2021, from $86.1 million in the fourth quarter of 2020 due to higher realized metal prices, offset by lower sales volumes.
Cash and cash equivalents decreased during the first quarter to $310.6 million, as at March 31, 2021, mainly as a result of $83.0 million of capital investments primarily for the New Britannia project and Pampacancha development activities, $50.8 million of interest payments and $31.0 million in net transaction and early redemption costs related to the refinancing of the company’s 2025 notes, partially offset by cash generated from operations.
Executing on Growth Initiatives
Announced three-year production guidance; consolidated copper and gold production are expected to increase by 36% and 125%2, respectively, by 2023 from 2020 levels as the company brings the Pampacancha and New Britannia growth projects into production.
Finalized the remaining land user agreement for Pampacancha in early April 2021.
This provided Hudbay with full access to the site to complete pit development and commence first ore production in late April, in line with timelines assumed in the company’s updated mine plan.
Total 2021 growth capital guidance for Peru has increased to $25 million to include the final land user costs.
New Britannia project continues to track ahead of the original schedule and is nearing completion, with approximately 82% of the project completed at the end of April; first gold production continues to be expected early in the third quarter and the new copper flotation facility remains on track for commissioning and ramp-up in the fourth quarter of 2021.
Announced a year-over-year increase to total mineral reserves of approximately 170,000 tonnes of contained copper and 360,000 ounces of contained gold, after adjusting for 2020 mining depletion.
Announced an updated Constancia mine plan resulting in an increase in average annual copper production to approximately 102,000 tonnes over the next eight years at an average cash cost of $1.18 per pound of copper produced, net of by-product credits.
Announced an updated Lalor and Snow Lake mine plan resulting in an increase in annual gold production to over 180,000 ounces during the first six years of New Britannia’s operation at an average cash cost of $412 per ounce of gold produced, net of by-product credits.
Announced a significant new discovery at the company’s Copper World properties adjacent to Rosemont on wholly-owned private land. Four deposits have been identified to date with a combined strike length of over five kilometres consisting of high-grade copper sulphide and oxide mineralization at shallow depth.
The follow-up 2021 exploration program has been expanded to further test the potential for additional mineralization, develop an initial inferred resource estimate and complete a preliminary economic assessment. As a result, Hudbay has increased its 2021 spending on Copper World by approximately $24 million.
Announced a preliminary economic assessment ("PEA") for the Mason copper project with a 27-year mine life and average annual copper production of approximately 140,000 tonnes over the first ten years of full production.
The PEA indicates an after-tax net present value3 of $519 million and approximately 14% internal rate of return at $3.10 per pound copper, which increases to $773 million and approximately 15%, respectively, at $3.25 per pound copper.
Issued $600.0 million of 4.5% senior notes due 2026 and redeemed all of the company’s outstanding $600.0 million of 7.625% senior notes due 2025, thereby reducing its annual cash interest payments.
On May 10, 2021, an amendment to the Constancia streaming agreement was signed with Wheaton Precious Metals ("Wheaton").
The amendment eliminates the requirement to deliver an additional 8,020 ounces of gold to Wheaton for not mining four million tonnes of ore from the Pampacancha deposit by June 30, 2021, while increasing the fixed gold recovery applied to Constancia ore processed during the reserve life of Pampacancha and introduces an additional potential future deposit of $4 million from Wheaton.
“Our operations remain on track to achieve full year production and unit cost guidance following a strong quarter of production at the Manitoba business unit and lower first quarter production in Peru as a result of planned mill maintenance,” said Peter Kukielski, President and Chief Executive Officer.
“We are very pleased to have commenced production at Pampacancha and we look forward to our first gold pour at the New Britannia mill, which remains on schedule for the third quarter.
We expect to begin to see increased cash flows from these high-return investments in the second half of 2021. We also expect to significantly advance our longer-term copper growth opportunities this year, including the Rosemont, Copper World and Mason projects.
We believe we will continue to leverage our exploration and development expertise to create significant value from our attractive organic growth pipeline at Hudbay.”
Summary of First Quarter Results
Consolidated copper production in the first quarter of 2021 was 24,553 tonnes, a 10% decrease from the fourth quarter of 2020, primarily as a result of lower mill throughput at Constancia due to a scheduled semi-annual mill maintenance shutdown, partially offset by higher copper grades at 777 and higher copper recoveries at the Flin Flon mill. Consolidated gold production increased by 10% compared to the fourth quarter of 2020 due to higher gold grades at 777, higher gold recoveries at the Flin Flon concentrator and higher gold grades at Constancia. Consolidated zinc production in the first quarter was 8% higher than the fourth quarter of 2020 due to higher zinc grades and throughput.
In the first quarter of 2021, consolidated cash cost per pound of copper produced, net of by-product creditsi, was $1.04, an increase compared to $0.43 in the fourth quarter due to lower copper production, higher operating costs and lower by-product credits. Incorporating cash sustaining capital, royalties, selling, administrative and regional costs, consolidated all-in sustaining cash cost per pound of copper produced, net of by-product creditsi, in the first quarter of 2021 was $2.37, which increased from $2.24 in the fourth quarter due to the same factors impacting cash costs, partially offset by lower cash sustaining capital.
Cash generated from operating activities in the first quarter of 2021 decreased to $51.8 million compared to $121.1 million in the fourth quarter of 2020, primarily as a result of changes in non-cash working capital and lower sales volumes. Operating cash flow before change in non-cash working capital was $90.7 million during the first quarter of 2021, reflecting a slight increase from $86.1 million in the fourth quarter. The increase in cash generated from operating activities is primarily the result of higher realized prices, offset by lower sales volumes during the quarter.
Net loss and loss per share in the first quarter of 2021 were $60.1 million and $0.23, respectively, compared to a net earnings and earnings per share of $7.4 million and $0.03, respectively, in the fourth quarter of 2020. First quarter earnings benefited from higher realized prices for all metals, which was offset by lower sales volumes of all metals due to the timing of sales in Peru and a buildup of copper concentrate in Manitoba caused by limited railcar availability. First quarter results included a $12.5 million non-cash gain on the revaluation of the gold prepayment liability but were negatively impacted by charges related to the refinancing of the 2025 senior notes, including a non-cash write off of $49.8 million connected with the exercise of the redemption option, a call premium payment of $22.9 million and a non-cash expense of unamortized transaction costs of $2.5 million in relation to the 2025 notes that were redeemed. A variable consideration adjustment to deferred gold and silver revenue resulted in a net increase to revenue of $1.6 million.
Adjusted net lossi and adjusted net loss per sharei in the first quarter of 2021 were $16.1 million and $0.06 per share after adjusting for the finance charges and the net mark-to-market loss on financial instruments, among other items. This compares to an adjusted net loss and adjusted net loss per share of $16.4 million and $0.06 per share in the fourth quarter of 2020. First quarter adjusted EBITDAi was $104.2 million, compared to $106.9 million in the fourth quarter of 2020.
First quarter Peru sales were impacted by a 10,000 tonne shipment of copper concentrate valued at approximately $21 million for which a payment was received but did not meet the revenue recognition criteria due to the delayed timing of the shipment into early April. First quarter Manitoba sales were impacted by a delay in accessing additional railcars after a strong copper production quarter resulting in approximately 5,000 tonnes of copper concentrate inventory in excess of normal operating levels, valued at approximately $18 million. Had both parcels of copper concentrate been sold during the first quarter, the company would have realized approximately $39 million of incremental revenue, assuming end of quarter commodity prices. The above quantities have been recognized as revenue in the second quarter of 2021. First quarter results were also negatively impacted by the realized copper price hedging of the company’s provisionally priced copper sales.
http://www.hudbay.com/investors/press-releases/press-release-details/2021/Hudbay-Announces-First-Quarter-2021-Results/default.aspx
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5年前
whytestocks' on 'HudBay Minerals (TSX:HBM) My Friend )
https://www.hudbayminerals.com/
Guided by our values and powered by the expertise, experience and
commitment of our people, our vision is to be a responsible, top-tier
operator of long-life, low-cost mines in the Americas.
Hudbay is a diversified mining company primarily producing copper
concentrate (containing copper, gold and silver) and zinc metal.
Directly and through its subsidiaries, Hudbay owns three polymetallic
mines, four ore concentrators and a zinc production facility in
northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and
copper projects in Arizona and Nevada (United States).
The company’s growth is focused on the exploration, development,
operation and optimization of properties it already controls, as well
as other mineral assets it may acquire that fit its strategic criteria.
Hudbay’s vision is to be a responsible, top-tier operator of long-life,
low-cost mines in the Americas. Hudbay’s mission is to create
sustainable value through the acquisition, development and operation of
high-quality, long-life deposits with exploration potential in
jurisdictions that support responsible mining, and to see the regions
and communities in which the company operates benefit from its presence.
S1:E57 - HBM - Hudbay Minerals - [Stock Trade Alert]
1,283 views•Apr 17, 2021
https://www.youtube.com/watch?v=39kcSzz8AkE
HudBay Minerals (TSX:HBM) & Rockcliff work in JV etc.....
$Analyst; Copper to surge at least seven-fold before this bull market is
over .....
https://www.kitco.com/news/2021-05-11/Copper-to-surge-at-least-seven-fold-before-this-bull-market-is-over-Goehring-Rozencwajg.html
Thanks mick; DESCRIPTION: Rockcliff is a Canadian resource development and exploration
company, with a +1,000 tonne per day leased processing and
tailings facility as well as several advanced-stage,
high-grade copper and zinc dominant VMS deposits in
the Snow Lake area of central Manitoba, Canada
The Company is a major landholder in the largest Paleoproterozoic
VMS district in the world, hosting high grade mines and deposits
containing copper, zinc, gold and silver.
The Company's extensive portfolio of properties totals approximately
4,500 square kilometres and includes seven of the highest-grade,
undeveloped VMS deposits in the Flin Flon -Snow Lake Greenstone Belt.
https://investorshub.advfn.com/Rockcliff-Metals-Corp-RKCLF-39431/
https://www.otcmarkets.com/stock/RKCLF/profile mick 04/26/21
https://www.otcmarkets.com/stock/RKCLF/security mick 04/26/21
07:32:02 0 https://www.otcmarkets.com/stock/RKCLF/disclosure
Rockcliff Metals Corp (TSEC.:RCLF ) Alternate Symbol(s): RKCLF (RKCLF)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163433098
BUILDING A COPPER MINING COMPANY IN THE LARGEST VMS DISTRICT IN THE WORLD
In addition to the extensive base metal portfolio of properties, the
Company has consolidated the highest grade gold properties in
Manitoba’s first gold mining camp located in Snow Lake, Manitoba.
https://www.rockcliffmetals.com/site/assets/files/3811/investors_presentation_-_feb_2021_-_final.pdf
FIND OUT MORE; https://www.rockcliffmetals.com/
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5年前
HUDBAY TO HOST CONFERENCE CALL FOR FIRST QUARTER 2021 RESULTS
APRIL 16, 2021
TORONTO, April 16, 2021 (GLOBE NEWSWIRE) --
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM)
senior management will host a conference call on Wednesday,
May 12, 2021 at 8:30 a.m. ET to discuss the company’s first quarter
2021 results.
First Quarter 2021 Results Conference Call and Webcast
Date: Wednesday, May 12, 2021
Time: 8:30 a.m. ET
Webcast: www.hudbay.com
Dial in: 1-416-915-3239 or 1-800-319-4610
Hudbay plans to issue a news release containing the first quarter 2021
results on Tuesday, May 11, 2021 and post it on the company’s website.
An archived audio webcast of the call also will be available on
Hudbay’s website.
http://www.hudbay.com
About Hudbay
Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily
producing copper concentrate (containing copper, gold and silver) and
zinc metal.
Directly and through its subsidiaries, Hudbay owns three polymetallic
mines, four ore concentrators and
a zinc production facility in northern Manitoba and
Saskatchewan (Canada) and Cusco (Peru), and
copper projects in Arizona and Nevada (United States).
The company’s growth strategy is focused on the exploration,
development, operation and optimization of properties it already
controls, as well as other mineral assets it may acquire that fit its
strategic criteria.
Hudbay’s vision is to be a responsible, top-tier operator of
long-life, low-cost mines in the Americas.
Hudbay’s mission is to create sustainable value through the
acquisition, development and operation of high-quality, long-life
deposits with exploration potential in jurisdictions that support
responsible mining, and to see the regions and communities in which
the company operates benefit from its presence.
The company is governed by the Canada Business Corporations Act and
its shares are listed under the symbol "HBM" on the Toronto Stock
Exchange, New York Stock Exchange and
Bolsa de Valores de Lima.
Further information about Hudbay can be found on
http://www.hudbay.com
For further information, please contact:
Candace Brûlé
Director, Investor Relations
(416) 814-4387
candace.brule@hudbay.com
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Source: Hudbay Minerals Inc.
https://www.hudbayminerals.com/news-media/default.aspx#2021#Hudbay-to-Host-Conference-Call-for-First-Quarter-2021-Results