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Highland Copper Provides Update on Michigan State Grant and Other Catalyts at the Copperwood Project
Globenewswire· 2025-07-02 11:30
Core Insights - Highland Copper Company is making significant progress on its 100%-owned Copperwood Project, moving towards a near-term construction decision [1] Funding and Support - The Copperwood project is under consideration for a $50 million grant from the Michigan Economic Development Corporation, pending final approval from the Senate Appropriations Committee [2] - Wakefield Township has requested a separate $50 million infrastructure grant from the Michigan legislature, demonstrating strong local support for the project [3] - The proposed grant aims to enhance economic development in Gogebic County by upgrading local infrastructure, which will also support the Copperwood project [4] - Local leaders, including Wakefield Township Supervisor Mandy Lake and Congressman Jack Bergman, emphasize the project's importance for domestic copper production and job creation [5] Engineering and Development - Highland has awarded Front-End Engineering and Design contracts to DRA Global for mine and process plant engineering, and to Foth and Tetra Tech for water management and tailings disposal facility engineering, respectively [6] - The company plans to transition into Phase 2 of its engineering program in Q3 2025, targeting 35% completion for mine and process plant engineering and 85% for the tailings disposal facility by Q1 2026 [7] - Successful completion of metallurgical drill programs has been reported, with 400 kilograms of core samples sent for analysis, achieving results comparable to previous tests [8] Environmental Mitigation - The 2025 construction season focuses on fulfilling obligations related to environmental mitigation, including the planting of nearly 20,000 trees [10] - An off-site stream mitigation project is underway to replace undersized culverts with a 50-foot-span bridge, enhancing fish habitat and meeting mitigation obligations [11] Strategic Outlook - The company is focused on key work programs to enable a construction decision for Copperwood in 2026, including site preparation, engineering progress, and funding opportunities [12]
Oroco Engages Whittle Consulting Ltd.
Globenewswire· 2025-07-02 11:00
VANCOUVER, Canada, July 02, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO; OTC: ORRCF) (“Oroco” or the “Company”) is excited to announce that it has retained Whittle Consulting Ltd., based in Melbourne, Australia, to undertake a Strategic Option Study (the “Study”) for Oroco’s Santo Tomás porphyry copper project in northwestern Mexico. Strategic Option Study Overview Whittle Consulting Ltd. (“Whittle”) will collaborate with Oroco’s team to evaluate innovative operating strategies and technologie ...
Gladiator Completes Gravity Survey and Identifies Multiple Large-Scale, Untested Copper Skarn Targets at Little Chief
Newsfile· 2025-07-02 11:00
Core Insights - Gladiator Metals Corp has completed a gravity survey at the Little Chief Trend, identifying multiple undrilled gravity anomalies that may indicate large-scale copper-gold skarn mineralization [1][4][5] Exploration and Survey Results - The gravity survey revealed high-density anomalies potentially related to untested copper-gold skarn mineralization, including a prominent 2km long anomaly at the Valerie prospect and a 900m long anomaly at the LC Footwall [2][7][10] - Additional anomalies were detected in unexplored areas near the historic Little Chief copper mine, which previously produced over 8.5 million tons at 1.5% Cu and 0.75 g/t Au [11][12] Drilling Plans - The company plans to mobilize two diamond drill rigs in the coming weeks to test the identified anomalies as part of its fully funded 2025 exploration program [3][5][15] - The ongoing drilling at Cowley Park is part of a larger 29,000m drill program targeting high-grade copper skarns throughout the Whitehorse Copper Belt [18][30] Project Background - The Whitehorse Copper Project is an advanced-stage exploration project located in the Yukon Territory, covering a 35km long area with a history of copper mining dating back to 1897 [20][22] - Historical production from the Little Chief deposit totaled 267.5 million pounds of copper, 225,000 ounces of gold, and 2.838 million ounces of silver from 11.1 million tons of mineralized material [21][30]
A股晚间热点 | 中央部署!推动海洋经济高质量发展
智通财经网· 2025-07-01 14:53
Group 1 - The Central Economic Committee emphasized the need for a unified national market and high-quality development of the marine economy, highlighting the importance of coordination and cooperation to achieve these goals [1] - The meeting underscored that advancing Chinese-style modernization requires a focus on the marine economy, aiming to establish a path with Chinese characteristics [1] Group 2 - In June, new car manufacturers reported significant sales figures, with Hongmeng Zhixing delivering 52,747 vehicles, marking a historical high and securing the top position among new forces in car manufacturing [2] - Leap Motor also achieved a record high in new car deliveries for June, reaching 48,006 units, while Li Auto and Xpeng Motors followed closely [2] Group 3 - The People's Bank of China and six other departments released guidelines to enhance financial support for boosting and expanding consumption, emphasizing the importance of increasing residents' financial capacity to stimulate consumption [3] - Analysts noted that rising stock markets can enhance consumer willingness and ability to spend, as increased asset values create a psychological effect of wealth growth [3] Group 4 - China plans to issue 1.3 trillion yuan in ultra-long special bonds by 2025, with 5.55 billion yuan issued in the first half of the year, accounting for 42.69% of the annual quota [4] - The issuance plan for the second half of the year has been adjusted to be more intensive, with the first issuance scheduled for July 14 [4] Group 5 - In July, several Hong Kong stocks were favored by brokerages, with companies like Pop Mart, Hong Kong Exchanges, and others receiving multiple recommendations from different firms [5] - The technology and brokerage sectors are highlighted as areas of focus for institutional investors, especially with the upcoming mid-year report season [5] Group 6 - The banking sector has seen a continuous rise, with 36 listed banks in A-shares increasing by over 1%, and Suzhou Bank and Xiamen Bank showing notable gains [8] - Analysts attribute this upward trend to recent shareholder meetings focusing on dividends and strategic transformations, laying a foundation for future stock price increases [8] Group 7 - The international copper price surged, reaching a peak of $9,984, driven by market confidence stemming from the "Big and Beautiful" bill in the U.S. and inflation expectations [15] - Goldman Sachs raised its forecast for LME copper prices for the second half of 2025 from $9,140 per ton to $9,890 per ton, predicting a peak of $10,050 in August [15] Group 8 - BYD reported a 33.04% year-on-year increase in new energy vehicle sales for the first half of the year, totaling approximately 2.146 million units [21] - New and existing companies are expected to see significant profit growth, with projections indicating increases of 50%-100% for several firms in the upcoming half-year [21]
正信期货铜月报202506:关税博弈重回视野,铜价上方空间或有限-20250701
Zheng Xin Qi Huo· 2025-07-01 06:49
正信期货铜月报202506 投资咨询号:Z0016959 Email:zhangjf@zxqh.net Tel:027-68851554 研究员:王艳红 投资咨询号:Z0010675 Email:wangyh@zxqh.net Tel:027-68851554 研究员:张杰夫 内容要点 宏观层面:6月铜价继续横盘整理,价格缺少方向,博弈也并不激烈,波动率继续回落。需求季节性转 淡尚未完全体现,但关税问题的再发酵,对于悬而未决的铜市场来说通过贸易套利和库存转移再度支撑 起了铜价,尤其是月底LME铜现货升贴水走势异常,出现了自2021年逼仓式的高升水,宏观层面并未有 新驱动产生,美国"硬数据"尚可,但美联储按兵不动,唯一变化在于特朗普提前物色下一任美联储主 席,引发市场对降息的乐观预期。关注7月的美国就业数据变化和关税谈判进展是宏观预期驱动可能出 现变化的地方。 产业基本面:年中长单谈判以0美元落地,冶炼厂长单盈利能力大幅受挫,当前国内产量维持高位, 硫酸与副产品利润勉强弥补亏损,但利润结构极不健康。需求一端来看,国内淡季逐渐加深,现货升水 高位回落,但受内外价差影响,国内出口量增多导致累库预期不强,基本面能给到 ...
X @The Economist
The Economist· 2025-07-01 06:37
Chuquicamata in northern Chile is the largest open-pit copper mine in the world. Take a look inside the world of the workers on a relentless search for this critical mineral https://t.co/naiwrB6wQY ...
Atico Mining Announces Execution of Loan Amendment with Trafigura to Restructure Outstanding Credit Facility
Globenewswire· 2025-06-30 20:29
Core Viewpoint - Atico Mining Corporation has successfully executed a loan amendment and restructuring with Trafigura, extending its existing secured credit agreement and outlining repayment terms for the outstanding principal amount of US$8.7 million [1][2]. Group 1: Loan Amendment and Restructuring - The outstanding principal amount of US$8.7 million will be repaid in two installments: US$2.7 million on July 25, 2025, and US$6 million on December 30, 2026 [2]. - The outstanding principal amount will accrue interest at a rate of SOFR plus 7.5% [2]. - The existing commercial concentrate purchase contract with Trafigura has been extended for two more years, covering 100% of the concentrate produced from the El Roble mine, with a minimum annual tonnage of 32,000 dry metric tons [2]. Group 2: Company Overview - Atico Mining Corporation is focused on exploring, developing, and mining copper and gold projects in Latin America [3]. - The company generates significant cash flow through the operation of the El Roble mine and is developing the high-grade La Plata VMS project in Ecuador [3]. - Atico is also pursuing additional acquisition opportunities in advanced stages [3].
X @The Economist
The Economist· 2025-06-30 07:00
Chuquicamata in northern Chile is the largest open-pit copper mine in the world. Take a look inside the world of the workers on a relentless search for this critical mineral https://t.co/X2KsdbTMiy ...
Here's Why Southern Copper (SCCO) is a Strong Growth Stock
ZACKS· 2025-06-27 14:50
Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within a 30-day timeframe [2] - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score [2] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score assesses a company's future growth potential by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score is based on price trends and earnings outlook changes, helping investors identify optimal times to invest in high-momentum stocks [5] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive evaluation of stocks based on their weighted styles [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential success [9] - The direction of earnings estimate revisions is crucial; stocks with lower ranks but high Style Scores may still face downward price pressure [10] Company Spotlight: Southern Copper Corporation - Southern Copper Corporation (SCCO) is engaged in mining, exploring, smelting, and refining copper and other minerals across several countries [11] - SCCO holds a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating moderate potential [11] - The company is projected to experience a 6% year-over-year earnings growth for the current fiscal year, with positive earnings estimate revisions [12] - SCCO has an average earnings surprise of 3.7%, making it a noteworthy option for growth investors [12]
工行龙岩分行:金铜链“链”动产业兴
转自:新华财经 位于龙岩上杭工业园区蛟洋新材料产业园的紫金铜业有限公司,是上杭县千亿金铜产业的"龙头企业"。 近年来紫金铜业持续发挥龙头带动作用,加强上下游联动,坚持从原料选择、产品制造、销售物流等方面不断探索循环经 济绿色发展道路,实现了外循环环环相扣、内循环变废为宝的产业链发展模式。 为响应国家政策,赋能地方支柱产业,工行龙岩分行主动深入上杭金铜冶炼产业链,全面调研其发展现状与金融服务需 求。通过密集走访紫金铜业及产业链上下游企业,该行精准掌握了企业的实际痛点,并据此量身定制了一套综合金融服务 方案。 针对上杭金铜冶炼产业链的企业特点,该行提供了黄金租赁、进口信用证、银行承兑汇票、买断型国内保理、流动资金贷 款等信贷产品,有效满足了企业便捷、低成本的融资需求。同时,该行还为其提供了资金池、"远期+期权"汇率风险管理工 具等专业的资金管理服务,帮助企业提高资金使用效率,降低财务成本,有力保障了产业链的稳健发展。 精准滴灌,链上生"金"。工行龙岩分行的精准赋能,切实解决了产业链企业面临的"融资难、融资贵"问题,大幅提升了融 资效率。更为重要的是,该行提供的全方位金融服务,有力促进了产业链上下游企业的紧密协作, ...