Investing News Network: Copper Crunch Coming as Demand Rises and Mine Supply Falls Short

Mar 24, 2024

https://investingnews.com/copper-supply-crunch/ Dean Belder   Mar. 21, 2024 02:00PM PST Copper demand is rising as the energy transition gains steam, but years of underinvestment in exploration have left mine supply in the dust. Experts say big changes will be needed in the years ahead. Since the advent of electricity, copper has played an essential role in energy generation and transmission. It will be similarly unreplaceable as the world moves away from fossil fuels to more...

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Mining.com: Column: Copper registers strongest seasonal Shanghai stocks build

Mar 24, 2024

https://www.mining.com/web/column-copper-registers-strongest-seasonal-shanghai-stocks-build/ Reuters | March 22, 2024 | 12:15 pm Intelligence Markets China Aluminum Copper Lead Nickel Tin Zinc  Fosun Foundation in Shanghai. Credit: Wikimedia Commons The Lunar New Year holiday surge in Shanghai Futures Exchange (ShFE) metal inventories seems to have peaked with registered stocks of copper, aluminum and lead all falling over the last week. This is an annual phenomenon. While...

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Victory Battery to issue 9.26 million shares for debt

Mar 24, 2024

2024-03-22 17:03 ET – News Release   Mr. Mark Ireton reports VICTORY ANNOUNCES DEBT SETTLEMENTS Victory Battery Metals Corp. has entered into settlement agreements that will see $463,025 of debt settled by the issuance of 9,260,500 shares at a deemed price of five cents and the company’s balance sheet much improved. No finders’ fees will be paid. The securities issued will be subject to a four-month-and-one-day hold period from closing. Certain insiders participated in...

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Cerro de Pasco closes $1.54M financing to pay easement

Mar 24, 2024

2024-03-22 10:27 ET – News Release   Mr. Guy Goulet reports CERRO DE PASCO RESOURCES SECURES FUNDS FOR EASEMENT TO START DRILLING PROGRAM ON ITS “EL METALURGISTA” MINING CONCESSION IN PERU Cerro de Pasco Resources Inc. has secured the finances to cover the fee payable in relation to the legal easement. Upon publication of the supreme resolution granting the easement, Cerro de Pasco will pay 3,647,402.44 soles, or approximately $1.35-million, to a specific bank account of...

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