How a New Jersey startup found an electrifying way to slash copper costs | TechCrunch https://t.co/XOsHocMNDB ...

Core Insights - Giant Mining Corp. is expanding its breccia study for drill hole MHB-30 and preparing for the 2025 Phase 2 drill program at the Majuba Hill Porphyry Copper-Silver-Gold Project in Nevada [1][8] - The Phase 1 diamond drilling program confirmed strong breccia controls and significant high-grade copper mineralization, aligning with previous high-grade intercepts [2] - Breccia is crucial for identifying high concentrations of copper and silver, allowing for more effective drilling targeting [3] Company Developments - The results from drill holes MHB-33, MHB-34, and MHB-35 confirmed strong copper grades and continuity within breccia-hosted zones, expanding the Mineralized Breccia Zone [6] - CEO David Greenway stated that the assays from recent drill programs validate the scale, grade, and continuity of the mineralization at Majuba Hill, positioning it as a promising domestic copper project [7][8] - The company is fully funded for Phase 2 drilling, with a technical team ready to advance the project [8] Project Characteristics - Majuba Hill is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres and benefiting from solid infrastructure [12] - The project has seen approximately 89,395 feet of drilling to date, with a rough replacement value of USD 12.1 million [12] - There is significant expansion potential indicated by IP surveys and deep drilling, with mineralization open in all directions [13] Industry Context - The demand for copper is driven by initiatives like the Green New Deal, which requires substantial amounts of copper, silver, and gold for renewable energy infrastructure [16] - The Majuba Hill project is positioned to become a critical source of copper to meet increasing global demand [17]

Hercules Metals Enters into Strategic Agreement with Barrick to Consolidate 73-Kilometre Claim Belt Around Its Leviathan Copper Discovery in IdahoTransformative agreement to secure control of America's newest porphyry copper districtJuly 28, 2025 8:34 AM EDT | Source: Hercules Metals Corp.Barrick increases its equity stake in the Company and positions Hercules to advance a district-scale exploration strategy moving forward.Agreement grants Hercules an option to acquire the 73-kilometre "Olympu ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Teck Resources (TECK) Q2 2025 Earnings Call July 24, 2025 11:00 AM ET Company ParticipantsEmma Chapman - VP - IRJonathan Price - President & CEOCrystal Prystai - EVP & CFOMatthew Murphy - MD - Equity ResearchIan Anderson - EVP & Chief Commercial OfficerBill Peterson - Equity ResearchConference Call ParticipantsOrest Wowkodaw - Managing Director & Senior Research AnalystCarlos de Alba - Equity Research AnalystCraig Hutchison - Mining Equity Research AnalystMyles Allsop - Mining Research AnalystChris LaFemina ...

Teck Resources (TECK) Q2 2025 Earnings Call July 24, 2025 11:00 AM ET Speaker0Ladies and gentlemen, thank you for standing by. Welcome to Teck's Second Quarter twenty twenty five Earnings Release Conference Call. At this time, all participants are in listen only mode. Later, we will conduct a question and answer session. Question This conference call is being recorded on Thursday, 07/24/2025.I would now like to turn the conference over to Emma Chapman, Vice President, Investor Relations. Please go ahead.Spe ...

Financial Highlights - Adjusted EBITDA increased by 3% to $722 million, reflecting higher profitability at Trail Operations and lower corporate overhead costs, partially offset by lower copper and zinc prices and higher operating costs at QB & Highland Valley[10, 28, 30] - Profit from continuing operations before taxes increased by 525% to $125 million[10, 28] - Adjusted diluted earnings per share from continuing operations increased by 217% to $038[10, 28] Production and Operations - Copper production guidance revised downwards for Quebrada Blanca (QB) from 230-270 thousand tonnes to 210-230 thousand tonnes, impacting total copper production guidance, which is revised to 470-525 thousand tonnes[21] - Molybdenum production guidance revised downwards for Quebrada Blanca from 30-45 thousand tonnes to 17-25 thousand tonnes, impacting total molybdenum production guidance, which is revised to 38-54 thousand tonnes[21] - Red Dog zinc sales above guidance, with significantly lower net cash unit costs[10] Capital Allocation and Growth - $22 billion of the $325 billion authorized share buyback program has been completed[10] - Sanctioned Highland Valley Copper Mine Life Extension (HVC MLE) project, extending mine life to 2046, with a project capital estimate of C$21-24 billion[10, 20] - Sustaining capital expenditures for copper increased by C$340 million, resulting in a revised total of C$940-1010 million[21] - Growth capital expenditures for copper increased by C$300-340 million, resulting in a revised total of C$1040-1170 million[22] Market Outlook - The company expects further policy support in China during Q3, with an expansion of consumer subsidies for goods and an acceleration of infrastructure projects, which should help underpin metals demand[83] - Copper market fundamentals indicate that investment in copper concentrate supply hasn't matched demand, and the company expects a more electricity-intensive phase of global growth in the coming years[89] - Zinc market fundamentals indicate that 2025 is set for mine supply growth after several lean years, and zinc projects struggle to compete for capital[91]

District Copper Provides Update on Copper Keg Porphyry Copper ProjectJuly 24, 2025 8:00 AM EDT | Source: District Copper CorpVancouver, British Columbia--(Newsfile Corp. - July 24, 2025) - District Copper Corp. (TSXV: DCOP) ("District Copper", "District", or the "Company") is pleased to provide an update on its flagship Copper Keg porphyry copper project in the Kamloops mining Division, BC. The project covers 6,628 ha located at the northern end of the Guichon batholith, approximately 20 kms n ...

Summary of J.P. Morgan's China Metals Activity Tracker Industry Overview - The report focuses on the metals industry in China, specifically tracking inventory trends for steel, iron ore, copper, aluminum, and zinc as of the week ended July 18, 2025 [1][11]. Key Insights 1. **Copper Inventory Trends** - China typically experiences significant destocking of copper inventories from now until September. However, recent data shows a slowing pace of inventory drawdowns, with copper inventories increasing by 3,000 tons last week [1][12]. - The five-year average indicates a normal destocking of approximately 200,000 tons of copper during this period [1][12]. 2. **Steel Mill Margins** - There has been a notable improvement in China steel mill margins over the last three weeks, leading to a ~10% increase in iron ore prices to $102 per ton. Average hot-rolled coil (HRC) steel mill margins have returned to profitability for the first time since early 2023 [2][9]. - Rebar margins are close to breakeven, marking the strongest profitability since early 2023 [2][9]. 3. **Iron Ore Shipments and Production** - Iron ore shipments to China from Australia and Brazil have shown mixed results, with Australian shipments down by 4.3% week-over-week but up 8.2% year-over-year. Brazilian shipments increased by 23.9% week-over-week but decreased by 11.3% year-over-year [4][2]. - Total iron ore arrivals in China increased by 13.7% week-over-week, indicating a robust demand [4][2]. 4. **Impact of U.S. Tariffs on Copper** - A potential 50% tariff on U.S. copper imports, effective August 1, could reduce U.S. demand by approximately 4%, translating to a 0.2% decline in global copper demand [3][12]. - The U.S. exports around 540,000 to 580,000 tons of copper scrap annually, which could help mitigate a primary deficit of 700,000 to 800,000 tons per annum, although increased recycling capacity may take 2-3 years [3][12]. 5. **Physical Demand Indicators** - Despite recent increases in copper, aluminum, and zinc inventories, overall inventories remain at their lowest levels in over five years for this time of year, indicating tight physical markets [12][13]. - China's copper premium has risen by 70% in the last two weeks, reaching approximately $50 per ton, although it remains significantly below the year-to-date high of $103 per ton [12][13]. Additional Observations - The report highlights that the next ten weeks will be critical for assessing the health of Chinese physical copper consumers, as historical trends suggest a shift towards improved demand during this period [12][13]. - The report also includes detailed tables and figures illustrating inventory levels, shipment data, and price forecasts for various metals, providing a comprehensive view of the current market dynamics [4][9][34]. Conclusion - The J.P. Morgan report provides valuable insights into the current state of the metals industry in China, highlighting trends in inventory, pricing, and the potential impact of U.S. tariffs on copper demand. The data suggests a complex interplay of supply and demand factors that investors should monitor closely.

Global | Metals & Mining Equity Research July 20, 2025 Examining Copper Production Trends: 2Q25, Part I We track copper production from miners that report quarterly volumes. These companies account for ~70% of global mined copper supply. Based on reports from the few companies in our database that have reported 2Q volumes so far, total production for 2Q25 increased 5.0% sequentially following the normal seasonality issues of 1Q, and also increased by a substantial 10.3% y/y due to notable production increas ...