Tag: copper
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Impact Minerals Targets New Nickel-Copper-PGE Drill Site in WA
Impact Minerals is gearing up to explore a promising new drill site in Western Australia, targeting nickel, copper, and platinum group elements (PGE). Recent assessments at Impact Minerals’ Caligula prospect in the Arkun project have unveiled a significant anomaly rich in nickel, palladium, gold, chrome, and cobalt, signaling a potential hotspot for drilling. The Caligula…
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Goldman Sachs Forecasts Surge in US Copper Imports Amid Tariff Threat
Goldman Sachs has predicted a substantial increase in US copper imports in the near future, estimating a surge of 50-100%. This forecast comes in light of rising metal prices and the looming threat of tariffs proposed by the Trump administration. The administration initiated an investigation into copper imports on national security grounds, signaling a potential…
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Aeter Architects’ Copper Roof Mimics Seascape at Athens Beefbar
Aeter Architects has recently unveiled a stunning architectural masterpiece at Athens Beefbar, where the design of the new Beefbar Restaurant at Astir Palace Hotel seamlessly blends with the natural landscape, evoking the essence of the seascape. Situated within the Astir Palace Hotel complex in Vouliagmeni, Athens, the restaurant is strategically positioned between the iconic Nafsika…
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IPT Targets Significant Nickel-Copper-PGE Drill Sites Near Perth
Impact Minerals (IPT) has unveiled promising nickel-copper-PGE drill targets at the Caligula prospect within the Arkun Project, situated 150km east of Perth. The discovery stems from infill soil geochemistry assays that exposed a noteworthy nickel-palladium-gold-chrome-cobalt anomaly, indicating magmatic nickel-copper-PGM sulphides akin to Chalice Mining’s Gonneville deposit. This anomaly coincides with a robust conductor pinpointed in…
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Noronex Expands Copper Exploration into Botswana’s Kalahari Copper Belt
Noronex, a mining company, has expanded its exploration endeavors into Botswana, branching out from its existing copper project in Namibia. The move comes as part of Noronex’s strategic expansion into the Kalahari Copper Belt region, known for its significant copper deposits. The company has secured two new prospecting licenses in Botswana, situated adjacent to its…
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London Project Aims to Mine Copper Sustainably for Green Energy
A London-based project is offering hope for sustainable copper mining practices to support the growing demand for green energy solutions. Copper, a crucial component in various industries, including renewable energy technologies and electrical devices, is facing challenges due to the potential environmental impact of its extraction. The Rio Tinto Centre for Future Materials, established in…
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Panama Greenlights Copper Exports, First Quantum Shares Surge
Panama has recently given the green light for the export of copper concentrate from First Quantum’s Cobre Panama mine, marking a significant development after the mine’s closure for the past two years. This decision by the government has had a notable impact, causing a surge of 15% in First Quantum’s shares on the Toronto Stock…
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BHP Strikes $40M Deal to Fund Botswana Copper Projects
BHP, a prominent mining company with operations in various countries, has recently sealed a significant deal worth $40 million to advance copper projects in Botswana. This move underscores BHP’s strategic expansion into Africa, specifically targeting copper-rich regions. The agreement entails BHP financing Cobre’s exploration endeavors at the Kitlanya East and Kitlanya West sites within Botswana’s…
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U.S. Considers 25% Tariff on Copper Imports Sparks Market Volatility
The United States is contemplating imposing a 25% tariff on copper imports, a move that has sent ripples through the market, leading to increased volatility in Comex copper prices. This potential tariff announcement has triggered a surge in global copper inventory levels, particularly in Comex stocks, as traders seek to capitalize on arbitrage opportunities and…
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Faraday Copper’s Exploration Upside at Copper Creek Project
Faraday Copper, a Canadian exploration company listed on the Toronto Stock Exchange (TSX:FDY), is highlighting the significant exploration potential at the Copper Creek Project situated in Arizona, United States. The project boasts a substantial drilling history of over 200,000 meters and has seen some production activity in the past. The company is gearing up for…