Core Viewpoint - Giant Mining Corp. supports the U.S. Government's commitment to fast-track permitting for critical mineral projects, emphasizing the importance of domestic copper production for national security and economic independence [1][3]. Government Initiatives - The U.S. Government has implemented several strategic initiatives to enhance domestic copper supply chains, including fast-tracked permitting, mobilization of the Defense Production Act, and prioritization of copper extraction by federal agencies [4][5][6]. - A 50% tariff on imported copper was imposed in July 2025 to reduce reliance on foreign supply chains, which has already increased domestic demand for U.S.-sourced copper [7]. Project Development - Giant Mining is advancing exploration at the Majuba Hill Copper-Silver-Gold Project, with a focus on a new drill program and a pending Mineral Resource Estimate [8]. - The project is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres, and has a solid infrastructure foundation for large-scale operations [9][13]. Exploration and Mineralization - The Majuba Hill project has shown indications of a potentially large mineralized body, with significant expansion potential based on recent drilling activities [9]. - Approximately 89,395 feet of drilling has been conducted to date, with a historical replacement value of USD 12.1 million [9]. Quality Assurance - The company employs a robust QA/QC program for sample analysis, ensuring high standards in mineral testing and data integrity [10].

智利国企Codelco总裁Pacheco在埃尔特涅恩特矿山发言称，上半年铜产量增长9%。 ...

Core Insights - Ero Copper Corp. is a copper producer experiencing significant growth, with earnings expected to increase by 165% this year due to record-high copper prices [1][7][8] Company Overview - Ero Copper is headquartered in Vancouver, B.C., and operates primarily in Brazil, with a market capitalization of $1.5 billion [1] - The company holds a 99.6% interest in Mineracao Caraiba S.A., which owns the Caraiba and Tucuma Operations [1] - Ero Copper also owns 97.6% of NX Gold S.A., which operates the Xavantina gold and silver mine in Brazil [2] Recent Developments - The Tucuma Operation achieved commercial production as of July 1, 2025, with copper production totaling approximately 6,400 tonnes in Q2 2025 [3][7] - Ero Copper reported a strong Q1 2025, with earnings of $0.35 per share, significantly exceeding the consensus estimate of $0.17 [4] - The company reaffirmed its full-year expenditure guidance of $230 to $270 million, anticipating growth in copper production in the second half of the year [6] Financial Performance - The average C1 cash cost at the Caraiba operation was $2.22 per pound, while at the Xavantina operations, it was $1,100 per ounce with an All-in Sustaining Cost of $2,228 per ounce [4] - Ero Copper has a streaming agreement with Royal Gold, generating total proceeds of $160 million as of the end of Q1 2025 [5] - The company had available liquidity of $115.6 million at the end of Q1 2025, including $80.6 million in cash [5] Market Outlook - Analysts are optimistic about Ero Copper, with the Zacks Consensus Estimate for 2025 earnings raised to $2.07 from $2.02, reflecting a growth of 165.4% compared to last year's earnings of $0.78 [8] - The Zacks Consensus for 2026 earnings has also increased to $2.78 from $2.61, indicating a growth of 34.1% [9] - Ero Copper shares have rallied significantly over the last three months, outperforming the small-cap index, Russell 2000 [10] Valuation - Ero Copper is considered undervalued, trading at a forward price-to-earnings (P/E) ratio of 6.9 [12]

Core Viewpoint - Gunnison Copper Corp. has increased the size of its non-brokered private placement from C$5,000,010 to C$8,745,000 due to strong investor demand [1][3]. Group 1: Offering Details - The upsized offering will consist of up to 29,150,000 units priced at C$0.30 per unit, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.45 for a period of 36 months following the issue date [2]. Group 2: Use of Proceeds - The net proceeds from the offering will fund additional work related to the High Value Add Work Program at the Gunnison Copper Project, long lead time drilling, and metallurgical testing for a pre-feasibility study [3]. - The funds will also cover general and administrative expenses for the U.S. head office for an additional 12 months [3]. Group 3: Regulatory and Closing Information - The offering is subject to regulatory approvals and is scheduled to close on July 17, 2025 [6]. - The units will be offered in all Canadian provinces except Québec and may also be sold in offshore jurisdictions and the U.S. under certain exemptions [4][5]. Group 4: Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer operating in the Southern Arizona Copper Belt, controlling the Cochise Mining District [10]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31% and a preliminary economic assessment indicating an NPV of $1.3 billion and an IRR of 20.9% [12]. Group 5: Additional Assets - The Johnson Camp Asset, under construction, is expected to produce up to 25 million lbs of finished copper cathode annually, fully funded by Nuton LLC, a Rio Tinto Venture [14]. - Other significant deposits in the district have the potential to serve as economic satellite feeder deposits for the Gunnison Project [14].

July 9, 2025 02:34 AM GMT China Materials | Asia Pacific Morgan Stanley Asia Limited+ US Set to Announce 50% Copper Tariffs - Chinese Equity Implications Commodity implications: As per our commodities team (Note link), the development is 1) Positive for COMEX copper: COMEX copper is a duty-paid price with all COMEX warehouses located in the US, and therefore should reflect the cost of bringing metal into the US given the US is a net importer. However, the sizeable inventory build-up that has taken place sho ...

Core Viewpoint - Hudbay Minerals Inc. is actively managing the wildfire situation in northern Manitoba, ensuring employee safety and compliance with evacuation orders while temporarily suspending operations in Snow Lake [1][2][3] Company Operations - The company has secured all assets and maintains a limited workforce for monitoring and emergency activities, with operations in Flin Flon remaining unaffected by the wildfires [2] - Exploration activities near Snow Lake have been paused due to the wildfires [2] Commitment to Safety - Hudbay emphasizes its commitment to the safety of employees, local communities, and First Nations members, taking proactive measures to minimize impacts from the wildfires [3] - The company expects a quick return to full operations once the wildfire situation improves, leveraging its emergency preparedness procedures [3] Future Outlook - Hudbay anticipates achieving its annual guidance metrics for Manitoba in 2025 despite the temporary impacts from the wildfires [3] - The company has a strong growth pipeline, including projects in Arizona, Nevada, and Peru, alongside its existing operations in Canada and Peru [6][7] Company Mission - Hudbay's purpose is to create sustainable value and strong returns while caring for its people, communities, and the environment [8]

All amounts expressed in US dollars LUSAKA, Zambia, July 10, 2025 (GLOBE NEWSWIRE) -- Construction of the $2 billion Super Pit Expansion Project at Barrick Mining Corporation’s (NYSE:B)(TSX:ABX) Lumwana mine is well underway, accelerating its transformation into a Tier One copper mine. Addressing members of the media and other stakeholders here today, Barrick president and chief executive Mark Bristow said the Lumwana expansion builds on a remarkable turnaround that has seen the operation evolve from a stru ...

智利铜矿开采公司Antofagasta首席执行官：我们目前不会向美国发送额外的铜，将维持现有的销售合 同。 ...

Core Viewpoint - Taseko Mines Limited has released a new technical report for its Yellowhead Copper Project, highlighting significant improvements in project economics and establishing it as a world-class copper project in a tier-one jurisdiction [1][2]. Project Overview - The Yellowhead Project is located in central British Columbia, approximately 300 km southeast of the Gibraltar Mine and 150 km north of Kamloops, benefiting from excellent transportation infrastructure [4]. - Mining operations will utilize conventional truck and shovel techniques from a single open pit, with a process flowsheet that includes a SAG and ball milling circuit, followed by flotation processes [5]. Economic Highlights - The project has an estimated initial capital cost of C$2.0 billion, with a net present value (NPV) of C$2.0 billion and an internal rate of return (IRR) of 21% at a copper price of US$4.25 per pound [7][9]. - Average annual copper production is projected at 178 million pounds over a 25-year mine life, with total cash costs (C1) of US$1.90 per pound [7][9]. - The project is expected to generate total tax payments of approximately C$3.2 billion over its lifespan and create around 590 direct jobs and 1,120 indirect jobs [6]. Technical Report Updates - The new technical report incorporates updated capital and operating cost estimates, long-term metal prices, and additional technical work since the previous report in January 2020 [1][9]. - Key economic results show an increase in copper price assumptions from US$3.10 to US$4.25 per pound, and an increase in initial capital costs from C$1.3 billion to C$2.0 billion [9]. Environmental and Community Engagement - The project has commenced the Provincial and Federal environmental assessment processes, along with the Simpcw First Nation's assessment [10]. - Community engagement and technical studies are ongoing to support project permitting initiatives [10]. Mineral Reserves and Resources - As of June 1, 2025, the Yellowhead Project has proven and probable mineral reserves totaling 817 million tonnes, with an average copper grade of 0.28% [11]. - The measured and indicated mineral resources are estimated at 1,296 million tonnes, with an average copper grade of 0.25% [14].

Core Viewpoint - Ero Copper Corp. has successfully completed its Phase 1 drill program at the Furnas Copper-Gold Project, revealing significant down-dip mineralization and extending known limits, which positions the project as a potential large-scale, high-grade underground mining operation [1][4][6]. Group 1: Drill Program Details - The Phase 1 drill program consisted of 28,000 meters, with results received for approximately 10,000 meters, demonstrating continuity and extending mineralization to a maximum depth of 730 meters [1][2]. - Only one of the 66 holes drilled did not intercept mineralization, indicating a high success rate in the drilling campaign [2]. - The program included infill drilling to confirm high-grade mineralization continuity and step-out drilling to extend known mineralization limits [2][4]. Group 2: Mineral Resource Estimates - The current NI 43-101 mineral resource estimate is based on historical drilling averaging 300 meters in depth, with a maximum localized depth of 580 meters [1][6]. - The indicated mineral resource is estimated at 35.2 million tonnes grading 1.04% copper and 0.69 grams per tonne gold (1.36% CuEq), while inferred resources total 61.3 million tonnes grading 1.06% copper and 0.63 grams per tonne gold (1.36% CuEq) [14]. Group 3: Future Plans - The company is advancing to a Phase 2 drill campaign, expected to comprise a minimum of 17,000 meters, with a greater focus on step-out drilling [5][6]. - The complete results from the Phase 1 program will inform an updated NI 43-101 mineral resource estimate and a preliminary economic assessment (PEA) scheduled for completion in the first half of 2026 [6][9]. Group 4: Project Location and Infrastructure - The Furnas Project is located in the Carajás Mineral Province in Pará State, Brazil, approximately 50 kilometers from Vale Base Metals' Salobo operations and 190 kilometers from Ero's Tucumã Operations [7][8]. - The project area covers approximately 2,400 hectares and is near extensive regional infrastructure, including paved roads and a power substation [8]. Group 5: Partnership and Agreements - In July 2024, Ero Copper signed an earn-in agreement with Salobo Metais S.A., a subsidiary of Vale Base Metals, to earn a 60% interest in the project by completing exploration and development milestones over five years [9][35].