Column: ICSG forecasts copper supply pressures but cautious on demand
The International Copper Study Group has cut its forecast supply surplus for this year due to much lower-than-expected mine production.
The International Copper Study Group has cut its forecast supply surplus for this year due to much lower-than-expected mine production.
CV5 holds 109.2 million inferred tonnes at 1.42% Li2O, and 160 parts per million tantalum.
Assays from the Satellite West target outlined the new area 500 metres west of the main deposit that hasn’t been drilled since 1997.
The company said it will now direct its focus on engineering and permitting, and at the same time, advance funding discussions.
Vedanta is trying to raise about $1.4 billion in total for Konkola.
Juniors are extremely important to major mining companies because they are the firms finding the deposits that will become the next mines.
It will complete a non-brokered private placement for C$2.27 million and a consolidation of its common shares, effective May 1.
Silvercorp said it has the technical capabilities to bring Adventus' El Domo project into production on an accelerated basis.
Earnings were lower copper, molybdenum and zinc prices.
Nickel has rallied hard this month, clawing back some of the territory lost during its price slide in 2023.