Mining.com – Copper faces long-term shortage as demand outruns supply

Oct 21, 2022

https://www.mining.com/web/copper-faces-long-term-shortage-as-demand-outruns-supply/ Bloomberg News | October 21, 2022 | 8:12 am Intelligence Top Companies China Europe USA  Image courtesy of Adobe Stock  The copper market may swing to a deficit by the end of the decade as the energy transition accelerates and the metal becomes harder to dig up, according to the world’s top miner. Although there are enough reserves of copper, and other metals like nickel and lithium central...

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Xander Resources to acquire 100 Ontario mineral claims

Oct 21, 2022

2022-10-21 09:18 ET – News Release   Mr. Deepak Varshney reports XANDER RESOURCES ACQUIRES 100 CLAIMS WEST OF CNC’S CRAWFORD PROJECT Xander Resources Inc. has entered into an option agreement to acquire 100-per-cent interest in certain 100 mineral claims located in Timmins, Ont. The property consists of 100 separate mineral claim blocks comprising over 21 square kilometres that are located contiguous to the west of the Company’s existing Timmins North claims. Historical...

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Azincourt Energy continues planning for winter drilling

Oct 21, 2022

2022-10-20 16:03 ET – News Release   Mr. Alex Klenman reports AZINCOURT ENERGY UPDATES FALL AND WINTER DRILL PROGRAMS Azincourt Energy Corp. has provided an update on upcoming drill programs at its uranium exploration projects located in the Athabasca basin, Saskatchewan, Canada. East Preston Project Preparations are well underway for a winter program at the East Preston Project. The company has entered the consultation phase of the permitting process and will continue to work with...

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Cullinan Metals options Lac des Iles West property

Oct 21, 2022

2022-10-20 14:04 ET – News Release   Mr. Marc Enright-Morin reports CULLINAN METALS OPTIONS A GRAPHITE PROPERTY IN QUEBEC Cullinan Metals Corp. has entered into an option agreement with Geomap Exploration Inc. to acquire a 100-per-cent interest in the Lac des Iles West graphite property in the Mont Laurier region in Quebec. The Property consists of 43 mineral claims in one contiguous block covering approximately 2276 hectares, on NTS sheet 31J05. The Property is located adjacent to...

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Mining.com – CHARTS: “Almost unattainable” gap between green energy copper demand and mining supply

Oct 21, 2022

https://www.mining.com/charts-almost-unattainable-gap-between-green-energy-copper-demand-and-mining-supply/   Staff Writer | October 20, 2022 | 9:53 am Energy Intelligence Markets Copper  El Soldado copper mine in Chile. (Image courtesy of Anglo American | Flickr.) A new report by Wood Mackenzie estimates that 9.7 million tonnes of new copper supply is needed over 10 years from projects that have not attracted sufficient investment, had not been approved by boards or...

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