#NorthWindExploration is advancing its Uasilau Porphyry #Copper#Gold Project, Papua New Guinea.
#Exploration to date has outlined ~8 large-scale porphyry centres within a 10-km-long-mineralised footprint.
#NWX is poised to test priority targets & evaluate scale of the system.
From Citi Global Markets 2023 Copper Book: "Our belief is that the decarbonisation thematic should see copper hit $12k/t by 2025 (Up ~50% from current levels)..."
Via @business#Chile Convention Rejects Mine Shakeup in Boon to #Copper Projects.
Chile’s constitution writers rejected a proposal to replace the nation’s investor-friendly #mining concession model, easing concerns over future investments.
https://t.co/uA0w5ndQGz
$BMO.AX
#ASXNews
Exploration Update: #Cometa#Copper Project.
103 new rock-chip samples taken across multiple targets:
#Copper assays up to 4.1% Cu
#Gold assays up to 9.4g/t Au
#Silver assays up to 30.7g/t Ag
https://t.co/9oUO668Iwy
$BMO.AX #BMO#Chile
Ramping up copper supply to meet growing demand in the clean-energy transition is getting harder, said Freeport-McMoRan CEO Richard Adkerson https://t.co/i6svkFF15F
“If you listen to the markets, you want to invest in lithium, cobalt etc. But we know that battery technologies won’t be the final solution for our energy needs” Bristow says.
“Copper is such a strategic metal. No matter what the future looks like, we’ll need it” #FMS2022
What are governments doing to maximise mining’s contribution to their people and does the challenge offer opportunities for regional collaboration?
These are the questions being tackled by a panel of experts at the @FutureMineral.
#FMS2022
Big News: Largest foreign investor #RioTinto concession in Mongolia:
Rio:
1.100% debt cancellation on Mongolia’s 34% equity in OT;
2.Cancellation of UG finance agreement;
3.Allowing ind. audit into UG financing;
4. No new debt burden;
5.Transparent governance;
Letter copy:
For those of you in NSW or in Sydney this week, the Xmas GeoPub event is on Tomorrow afternoon from 5:30pm @ The Orient Hotel in the Rocks. @MarcusLake31 , Andrew Stewart , Jason Berton , Jessica Keast , Robert Joseph @andrewmsomers , Andrew Taylor ,…https://t.co/LIInfbprwL
#ASXnews
EXPLORATION UPDATE: CAPOTE MINING DISTRICT
130 high-grade rock-chip samples taken from the #Capote#Gold Project returning average assays of 3.08g/t Au and maximum up to 33.6g/t Au
https://t.co/tzFJkYlnDi
$BMO.AX #Chile#exploration
#Copper mine supply has dwindled and not nearly enough are due to come online.
#Renewables are so copper intensive.
MINE MORE COPPER.
https://t.co/NtNzGR8p8q
Declining #copper grades have been an issue for decades. Of the 224 deposits that were discovered between 1990 and 2019, only 16 were found in the past 10 years. According to the IEA, copper will remain the most widely used metal in renewable energy. (Courtesy of Frank Holmes)