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TNR Gold NSR Royalty Update - Los Azules Feasibility Study Confirms Economically Robust Copper Project With Leading ESG Performance
Newsfile· 2025-10-10 13:15
TNR Gold NSR Royalty Update - Los Azules Feasibility Study Confirms Economically Robust Copper Project With Leading ESG PerformanceOctober 10, 2025 9:15 AM EDT | Source: TNR Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - TNR Gold Corp. (TSXV: TNR) ("TNR", "TNR Gold" or the "Company") is pleased to announce that McEwen Inc. ("McEwen") has provided an update on the Los Azules copper, gold and silver project in San Juan, Argentina. TNR holds a 0.4% net smelter return ...
Gunnison Copper Announces Private Placement for Gross Proceeds of up to C$15.0 Million
Newsfile· 2025-10-10 11:00
Gunnison Copper Announces Private Placement for Gross Proceeds of up to C$15.0 MillionOctober 10, 2025 7:00 AM EDT | Source: Gunnison Copper Corp.Phoenix, Arizona--(Newsfile Corp. - October 10, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") for gross proceeds of up to C$15 million from the sale of up to 33,333,333 units of the Company (each, a "Unit") at a price of C$0.45 ...
Gunnison Copper Promotes Robert Winton to Chief Operating Officer
Newsfile· 2025-10-09 21:00
Gunnison Copper Promotes Robert Winton to Chief Operating OfficerWinton Led the Successful Restart of America's Newest Copper Mine, Johnson Camp, Within One Year of Breaking GroundOctober 09, 2025 5:00 PM EDT | Source: Gunnison Copper Corp.Phoenix, Arizona--(Newsfile Corp. - October 9, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company"), America's newest copper producer, is pleased to announce the promotion of Robert Winton to the role of Chief Ope ...
Gunnison Copper Reports Preliminary Results of University of Arizona Economic Impact Study Highlighting Multi-Billion Dollar Benefits
Newsfile· 2025-10-08 10:30
Gunnison Copper Reports Preliminary Results of University of Arizona Economic Impact Study Highlighting Multi-Billion Dollar BenefitsStudy Projects a Total Present Value Output Of $14.6 Billion, Supporting More than 53,000 Job-Years of Employment and Generating $2.07 Billion In Labor Income Across the U.S. Economy Over the Life of the Gunnison ProjectOctober 08, 2025 6:30 AM EDT | Source: Gunnison Copper Corp.Phoenix, Arizona--(Newsfile Corp. - October 8, 2025) - Gunnison Copper Corp. (TSX: GC ...
Taseko Mines (NYSEAM:TGB) 2025 Conference Transcript
2025-09-30 14:30
Taseko Mines Conference Summary Company Overview - **Company Name**: Taseko Mines (NYSEAM:TGB) - **Market Capitalization**: Approximately $1.2 billion USD - **Share Price**: Approximately $3.74, recently hitting a fourteen-year high [14][59] Key Assets and Projects - **Gibraltar Mine**: - Location: British Columbia, Canada - Production: 125 to 130 million pounds of copper per year - Remaining Reserves: 20 years - Average Grade: 0.25% copper - Unit Costs: Approximately $2.30 per pound, generating significant cash flow at current copper prices of $4.50 [5][21][22][28] - **Florence Copper Project**: - Location: Arizona, nearing completion with over 95% construction completed - Expected Production: 85 million pounds of copper cathode per year, increasing overall copper production by about 70% - Operating Costs: Approximately $1.10 per pound, significantly lower than Gibraltar [6][30] - Economic Metrics: - After-tax NPV at $4.50 copper: $1.3 billion USD - Internal Rate of Return (IRR): 50% with a 2.5-year payback period [31][32] - **New Prosperity Project**: - Recent developments include an agreement with the province of BC and the Chelcotin Nation, receiving $75 million and establishing a trust for future benefits [51][52] - Contains 13 million ounces of gold and 5 billion pounds of copper, valued between $5 billion to $10 billion at current metal prices [52] - **Yellowhead Project**: - Estimated Capital Cost: $2 billion - Expected Production: 180 million pounds of copper per year over a 25-year mine life - Initial Costs: $1.62 per pound for the first five years, $1.90 per pound over the life of the mine [53][55] Market Dynamics - **Copper Market**: - Current Price: Approximately $4.50 per pound - Supply Concerns: Significant supply deficits projected, with estimates of a 3.3 million ton deficit in a 26 million ton market over the next five years [20][19] - Demand Drivers: Increased demand from AI, data centers, and traditional sectors [18] Financial Performance and Valuation - **Cash Flow Generation**: Expected to produce between $500 million to $700 million CAD of EBITDA per year from Gibraltar and Florence combined, depending on copper prices [58] - **Valuation Gap**: Company believes it is undervalued compared to peers, trading at a significant discount despite having substantial reserves [56][58] Strategic Focus - **Geographic Focus**: Commitment to North America due to favorable regulatory environments and reduced risks of asset expropriation [11] - **Environmental Considerations**: Florence project utilizes in situ recovery technology, resulting in lower energy consumption, carbon emissions, and water usage compared to traditional mining methods [41][42] Conclusion - Taseko Mines is positioned for significant growth with the ramp-up of the Florence Copper Project and the potential development of the Yellowhead and New Prosperity projects, amidst a favorable copper market environment [59]
Gunnison Copper Announces First Copper Sales from Johnson Camp Mine
Newsfile· 2025-09-25 10:30
Core Viewpoint - Gunnison Copper Corp. has successfully completed its first copper sales from the Johnson Camp Mine, marking a significant milestone in revenue generation and operational progress for the company [2][3][4]. Company Overview - Gunnison Copper Corp. operates the Johnson Camp Mine in southeast Arizona, with a production capacity of up to 25 million pounds of copper cathode annually [2][5]. - The company is focused on developing multiple copper assets within the Cochise Mining District, which contains 12 known deposits [7]. First Copper Sales - On September 15, 2025, Gunnison completed its inaugural copper sales, selling 225,371 pounds of finished copper cathode at an average price of US$4.64 per pound, generating gross proceeds of approximately US$1,046,194 [3][4]. - The sales represent the first revenue from the Johnson Camp Mine and highlight the company's rapid progress since achieving first copper production [4][6]. Production and Technology - The Johnson Camp Mine commenced production in the last week of August 2025, ahead of schedule, and has maintained an excellent health and safety record [5][6]. - The copper produced is fully sourced from the United States, contributing to American energy independence and supporting domestic supply chains [5][6]. - The company plans to utilize Nuton® technology for future copper production, which is expected to enhance recovery rates and increase domestic copper production [6][15]. Economic Assessment - The 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 (PEA) indicates a net present value (NPV) of US$1.3 billion and an internal rate of return (IRR) of 20.9% [8].
Gunnison Copper Signs Letter of Intent with Defense and Mineral Exploration Tech Start-Up Lunasonde to Assess Its Revolutionary Technology to Explore for Copper, Other Critical Minerals, and Rare Earth Elements in Arizona's Cochise Mining District
Newsfile· 2025-09-24 03:40
Core Viewpoint - Gunnison Copper Corp. has signed a non-binding Letter of Intent with Lunasonde Inc. to explore advanced technology for identifying copper and other critical minerals in Arizona's Cochise Mining District [1][2]. Group 1: Partnership Details - Under the LOI, Gunnison will allow Lunasonde to access its land package in southeastern Arizona to test and refine its remote sensing technology [2]. - The partnership aims to enhance the identification of new targets for copper, critical minerals, and rare earth elements within Gunnison's assets [2][3]. Group 2: Technology and Exploration Potential - The geology of the Cochise Mining District is known to host at least 12 critical minerals essential to the U.S. supply chain, much of which remains unexplored due to alluvial cover [3]. - Lunasonde's technology is expected to penetrate this cover and facilitate new discoveries [3][4]. Group 3: Funding and Future Plans - The parties plan to apply for funding under the U.S. Department of Energy's ROCKS Program to support this venture [5]. - The transaction is contingent upon the negotiation of definitive agreements and the successful submission and approval of the DOE funding application [5]. Group 4: Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer, controlling the Cochise Mining District, which contains 12 known deposits within an 8 km radius [6]. - 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% [7]. - The preliminary economic assessment (PEA) for the Gunnison Project indicates a net present value (NPV) of $1.3 billion and an internal rate of return (IRR) of 20.9% [7][8]. Group 5: Additional Assets - Gunnison's Johnson Camp Asset is currently in production, fully funded by Nuton LLC, with a capacity of up to 25 million lbs of finished copper cathode annually [10]. - Other significant deposits in the district, such as Strong and Harris, South Star, and eight others, have the potential to serve as economic satellite feeder deposits for the Gunnison Project [10].
Special report: Is Oman’s future paved with copper?
Yahoo Finance· 2025-09-22 09:55
Core Insights - Minerals Development Oman (MDO) has successfully exported copper concentrates from its Lasail Mine for the first time, marking a significant milestone in the country's mining sector and its commitment to sustainable growth [1] - Oman is focusing on diversifying its economy under Vision 2040, with copper mining being a strategic priority due to expected surging demand [2][3] - The country aims to position itself as a reliable mid-tier supplier in the global copper market, targeting high-quality concentrate exports to meet the needs of buyers seeking diversified and secure sources [10][11] Mining Sector Developments - The Lasail Mine's resumption of activity represents a revival of copper mining in Oman after a 30-year hiatus, with plans to redevelop additional mines such as Al-Baydha and Mazoon [1][8] - Oman expects to restart production at the Al-Baydha Mine by the end of next year, with total reserves across the mines estimated at 2.8 million tonnes of copper ore, aiming for production of approximately 800,000 tonnes per annum over the next four to five years [8][9] - The Mazoon project, anticipated to begin production in 2027, will include five open-pit mines and a processing plant capable of producing 115,000 tonnes per annum of copper concentrate [9] Economic Diversification and Infrastructure - Oman is working to improve its mining laws and regulations to attract foreign direct investment (FDI) and streamline processes for exploration and licensing [17] - The Sohar Port has been upgraded to enhance bulk-handling facilities, and there are plans to expand rail connectivity to support mining operations [13] - A new mining waste recycling facility in Suhar, utilizing renewable power and sustainable technologies, aims to produce 12,000 tonnes per annum of copper cathodes by the end of next year [15][16] Future Prospects and Challenges - There is potential for further copper discoveries in Oman, but modern exploration methods and significant investment are required to realize this potential [19] - The country is expected to rise to 33rd in global copper production rankings by the beginning of the next decade, up from 48th currently [11] - As Oman develops its copper industry, there are plans for local refining capabilities to increase export value and reduce dependence on foreign processors [21]
Gunnison Copper Reports Positive Results from Initial Mineral Sorting "High-Value-Add" Work Program at the Gunnison Copper Project in Southeast Arizona
Newsfile· 2025-09-15 10:30
Core Viewpoint - Gunnison Copper Corp. has reported positive results from its initial mineral sorting test program at the Gunnison Copper Project, indicating a significant reduction in acid consumption while maintaining copper recovery, which could enhance the project's economic viability [1][2]. Summary by Relevant Sections Initial Mineralized Material Sorting Results - The sorting tests revealed that 57% of the sample was sorted to mineralized material, while 43% was sorted to waste [3]. - The total copper grade for all materials was 0.35%, with sorted mineralization showing a higher grade of 0.62% [4]. Waste Reduction and Acid Consumption - Over 90% of the internal acid-consuming waste was successfully removed from the mineralized material using optical mineral sorting equipment [5]. - The sorted material is expected to require up to 4 times lower acid consumption due to the removal of high-acid-consuming waste [5]. Copper Recovery - Less than 1% of total copper was lost to waste during the sorting process, ensuring strong copper recovery and protecting revenue [5]. Future Steps and Economic Impact - If further tests confirm initial results, approximately 40% of the mined Martin Formation could be removed as internal waste, potentially doubling the process head grade and significantly reducing operating costs [6]. - The company plans to incorporate these results into an updated preliminary economic assessment (PEA) expected in the first quarter of 2026 [9]. Project Overview - The Gunnison Copper Project has a Measured and Indicated Mineral Resource of over 831.6 million tons with a total copper grade of 0.31% [10]. - The preliminary economic assessment indicates a net present value (NPV) of $1.3 billion, an internal rate of return (IRR) of 20.9%, and a payback period of 4.1 years [10].
Arizona Sonoran Copper Company (OTCPK:ASCU.F) 2025 Conference Transcript
2025-09-12 15:17
Summary of Arizona Sonoran Copper Company Conference Call Company Overview - **Company**: Arizona Sonoran Copper Company - **Industry**: Copper Mining - **Location**: Arizona, USA - **Market Cap**: Approximately USD 350 million Key Points Project Details - The company is focused on producing copper cathode for the U.S. industry from a former producing mine in Arizona, which is classified as a Tier one jurisdiction [5][6] - A Preliminary Economic Assessment (PEA) indicated an after-tax Net Present Value (NPV) of USD 2 billion and an Internal Rate of Return (IRR) of 24% [6] - The company is advancing towards a Pre-Feasibility Study (PFS) and aims to replicate the PEA results [6][7] Resource and Land Acquisition - Current copper resource exceeds GBP 11 billion, with plans to increase indicated resources significantly [10][12] - The company has expanded its land holdings from 4,000 acres to nearly 8,000 acres, ensuring sufficient land for at least 30 years of mining [11][12] - Recent land acquisition involved a payment structure totaling USD 100 million, with an initial cash payment of USD 2 million and shares [13][14] Permitting and Community Engagement - The permitting process is advanced due to the project being on private land, with no federal nexus [7][14] - A community perception survey showed an increase in favorable ratings for the mine's return to production from 83% to 87% [15][16] - The company has a strong social license, rooted in the community's historical connection to mining [16] Financial and Market Position - The company has engaged with 15 potential financiers for project financing, aiming to narrow this down to 5 or 6 by Christmas [18][19] - The project financing is expected to conclude by Q3 2026, with a Final Investment Decision (FID) anticipated in Q4 2026 [19][20] - The stock has increased over 70% in the past 7-8 months, with a strategic investment from Hudbay [22][24] Future Outlook - The company expects to produce over 100,000 tonnes of copper cathode in the first 20 years of operation, positioning it as the fifth largest copper mine in the U.S. [21] - Analysts project a potential doubling of the stock price if the PFS reflects the PEA results, with current valuations at 0.3 times price to NAV [25][26] - The company has a tight share capital structure with 179 million shares issued and approximately USD 50 million in the bank, fully funded through to FID in 2026 [26][27] Infrastructure and Environmental Considerations - The project benefits from significant existing infrastructure, minimizing capital expenditures [28] - The site is located in a desert environment with no endangered species, facilitating easier permitting [30] Additional Insights - The company is exploring additional areas on the property that have shown promising drilling results in the past [29][30] - The simplicity of the open-pit mining method aligns with industry practices in Arizona, where 90% of copper is mined this way [30]