VANCOUVER, British Columbia--(BUSINESS WIRE)--Capstone Copper Corp. ("Capstone†or the "Company†) (TSX:CS) (ASX:CSC) is pleased to announce that fund entities managed by Orion Resource Partners LP (collectively, "Orion†) have agreed to acquire a 25% ownership interest in the Santo Domingo Project (the "Project†or "Santo Domingo†) and the Sierra Norte Project ("Sierra Norte†) for total cash consideration of up to $360 million (the "Transaction†). All amounts in US$ unless otherwise indicated. T. ...

Industry Overview - Copper prices have increased by approximately 27% in 2025, indicating a notable trend in the industrial metal market, often referred to as "Dr. Copper" due to its predictive nature regarding economic health [1][2] - The demand for copper is primarily driven by infrastructure needs in the United States, the AI revolution, the necessity to upgrade the electric grid, and the ongoing demand for renewable energy solutions, including electric vehicles [4][5] Supply Constraints - Major copper-producing countries like Chile and Peru are facing supply disruptions, and there is a lack of significant new mining operations to meet the anticipated demand [2] - The combination of rising demand and supply constraints suggests the potential for a super cycle in the copper market, with prices possibly reaching $6 or higher for an extended period [3] Company Analysis: Freeport-McMoRan - Freeport-McMoRan is one of the largest publicly traded copper producers, supplying about 70% of domestically refined copper in the U.S. [4][5] - The company has faced significant operational disruptions in 2025, leading to a reduction in full-year production estimates [5] - Despite a 13% increase in stock price in 2025, it is trading about 6% below analysts' consensus price, indicating potential for a catch-up trade [6] Company Analysis: Southern Copper - Southern Copper has seen a 43% increase in stock price in 2025, but analysts suggest a significant correction may be overdue due to its high valuation [7][8] - The stock currently trades at around 29 times earnings, a premium compared to its historical average of 16 times earnings, raising concerns about future growth potential [8] - The consensus price target for Southern Copper is approximately $109 per share, suggesting a potential dip of around 15% from its recent closing price [9] Investment Vehicle: Global X Copper Miners ETF - The Global X Copper Miners ETF offers a diversified investment option in the copper sector, with only about 17% of its holdings dedicated to copper, while 54% are in precious metals [11][12] - The ETF has increased by over 65% in 2025, and if copper prices continue to rise, the fund may have further upside potential [12]

Codelco acquired a stake in a Robert Friedland venture that uses electricity to shatter rocks as the Chilean copper giant seeks to make its aging mines more efficient https://t.co/0EjXX6E0s0 ...

TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) executive chairman Kirill Klip talked with Proactive about the latest developments at the company, following McEwen Copper’s announcement that its Los Azules copper project in Argentina has joined the country’s Large Investment Incentive Regime. Klip said the inclusion marks a “major milestone” for TNR Gold’s green energy metals, royalty, and gold business, paving the way for the upcoming feasibility study and potential construction decision. He emphasized that the regim ...

Core Insights - TNR Gold Corp. holds a 0.4% net smelter returns royalty on the Los Azules copper project, which has shown robust economic potential and strong ESG performance according to a recent feasibility study [1][3][4] Project Overview - The Los Azules project is confirmed as a long-life, low-cost producer of high-purity copper cathodes, with a focus on sustainability and reduced environmental impact [3][4][5] - The project is designed to be a model for responsible mining, aiming for carbon neutrality by 2038 and utilizing 100% renewable energy [15][26][42] Economic Metrics - The feasibility study indicates an after-tax NPV of $2.9 billion, an IRR of 19.8%, and a payback period of 3.9 years [14][68] - Initial capital expenditure is estimated at $3.17 billion, with average annual copper production projected at 148,200 tonnes over a 21-year mine life [14][71] Production and Costs - Average annual production during the first five years is expected to be 204,800 tonnes, with a C1 cash cost of $1.71 per pound and an all-in sustaining cost of $2.11 per pound [14][71] - The project anticipates a total copper recovery rate of approximately 70.8% [66] Environmental and Regulatory Aspects - The project has received necessary environmental permits and is accepted into Argentina's Large Investment Incentive Regime, providing stability for 30 years [15][38] - The design includes a heap leach process that significantly reduces water usage and eliminates the need for tailings dams [15][36] Future Growth Opportunities - Exploration targets near Los Azules, including Tango, Porfido Norte, Franca, and Mercedes, are prioritized for future drilling to potentially extend the mine life [34][35] - The feasibility study also considers the potential application of Nuton® technology for processing primary ores, which could further enhance project economics [74]

Resurgent Zambia is riding copper’s ascent, but can the boom trickle down to its citizens https://t.co/Lm1eLkR11m ...

Core Viewpoint - Gunnison Copper Corp. is initiating a non-brokered private placement to raise gross proceeds of up to C$15 million through the sale of units priced at C$0.45 each, aimed at funding various operational activities and debt repayment [1][3]. Group 1: Offering Details - The private placement will consist of up to 33,333,333 units, each unit comprising one common share and one-half of a common share purchase warrant, with warrants priced at C$0.65 for a period of 36 months [1][2]. - The offering will include up to 24,858,878 units available under the Listed Issuer Financing Exemption, allowing for immediate trading under Canadian securities legislation [4]. - The remaining 8,474,455 units will be offered through private placements in Canada, the U.S., and other jurisdictions, subject to a four-month hold period in Canada [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for drilling, metallurgical testing, permitting activities for the Gunnison Copper Project, general administrative expenses, partial debt repayment to Nebari, and general working capital [3]. Group 3: Company Overview - Gunnison Copper Corp. is a copper developer and producer controlling the Cochise Mining District in Southern Arizona, which contains 12 known deposits within an 8 km radius [10]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831.6 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% [11]. - The Johnson Camp Asset, now in production, is fully funded by Nuton LLC, with a production capacity of up to 25 million lbs of finished copper cathode annually [13].

Core Viewpoint - MAC Copper Limited has announced the lodging of the Royal Court of Jersey's order sanctioning the acquisition of 100% of its issued share capital by Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited [1] Group 1 - MAC Copper Limited is listed on both NYSE (MTAL) and ASX (MAC) [1] - The acquisition will result in Harmony Gold owning the entire issued share capital of MAC Copper Limited [1]

Core Insights - Copper prices have surged past $11,000 per ton for the first time since May 2024, driven by a combination of regulatory pressure, political instability, and a narrow supply base, resulting in a year-to-date increase of approximately 21% [1][2] Supply Constraints - Major copper producers are facing challenges, with environmental disputes halting some of the best mines and projects, leading to millions of tons of untapped supply being locked up due to ESG regulations [2][3] - Approximately 6.4 million tons of copper capacity, about 25% of global output, is currently stalled or suspended due to political and social issues rather than geological ones [3][4] - Key blocked projects include La Granja in Peru, Resolution Copper in the U.S., and El Pachón in Argentina, which have faced local opposition and regulatory hurdles [4][5] Operational Risks - The copper sector is experiencing operational risks due to a narrow resource base, with production setbacks reported at Codelco in Chile, Freeport-McMoRan's Grasberg mine in Indonesia, and Teck Resources' Quebrada Blanca project [7] - A recent mudslide at Grasberg resulted in a significant drop of over 15% in Freeport's share price in a single day, highlighting the fragility of the supply chain [7] Political Influence - Political factors are adding volatility to mining investments, particularly in Argentina, where midterm elections have caused a pause in projects like McEwen Copper's Los Azules [8][9] - Los Azules has proven and probable reserves of 10.2 billion pounds and a projected production of 204,800 tons in the first five years, but investor confidence is contingent on political stability [9] Emerging Opportunities - Zambia is positioned to potentially benefit from the supply vacuum left by risks in other copper-rich nations, with a record output of one million tons expected this year and a goal of reaching 3 million tons annually by 2030 [10] - The country has attracted around $10 billion in new investments from major companies like Barrick, First Quantum, and Sinomine Resource Group, indicating a strong investment climate [11]

Core Insights - Marimaca Copper Corp. has filed the Feasibility Study technical report for the Marimaca Oxide Deposit project in Antofagasta Region, Chile [1][2] - The report adheres to National Instrument 43-101 standards and supports previous disclosures made by the company [2] - The Marimaca Copper Project is 100%-owned by the company and includes the Marimaca Oxide Deposit, classified as an IOCG-type copper deposit [3][4] Company Overview - Marimaca is focused on copper exploration and development, particularly its flagship Marimaca Copper Project and surrounding properties in the Antofagasta Region, Chile [3] - The company is advancing the Marimaca Copper Project through a Definitive Feasibility Study led by Ausenco Chile Ltda [4] - Marimaca also explores its extensive land package, including the Sierra de Medina property block, which spans over 15,000 hectares and is located 25 km from the Marimaca Oxide Deposit [4]