• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Australia Market
    Australia News
    Australia Stocks
    • Australia Market
    • Australia News
    • Australia Stocks
    1. Home>
    2. Australia Investing>
    Loading...
    0

    Aguia Evaluating Options to Unlock Value of Rio Grande Copper Assets

    Scott Tibballs
    Nov. 30, 2018 10:09AM PST

    The company said it believes that the market for copper will be positive over the next few years and could be in undersupply globally as early as next year. 

    Aguia Resources (ASX:AGR,TSXV:AGRL) is currently evaluating opportunities to enhance shareholder value through its Big Ranch and Canhada copper prospects in Rio Grande do Sul, where it has discovered a new zone of copper mineralization and staked 23 tenements, totalling 34,000 hectares within the Rio Grande copper belt.

    The company said it believes that the market for copper will be positive over the next few years and could be in undersupply globally as early as next year.


    As highlighted in the press release:

    • Assessing all options to realize the potential value of Big Ranch and Canhada prospects including funding inside Aguia, joint venture/strategic partner or spinning out into a new listing
    • Diamond drill program at Big Ranch targeted for completion by end of year with drilling at Canhada scheduled to commence in Q1 2019
    • Mineralization hosted in a 100km long x 60km wide belt with historical production from Iron Oxide Copper Gold (IOCG) deposits
    • Good mining jurisdiction with excellent infrastructure, mining service providers and skilled manpower in place
    • Copper market forecast to be undersupplied while demand for copper from electric vehicle sector is growing

    Click here to read the full Aguia Resources (ASX:AGR,TSXV:AGRL) press release.

    The Conversation (0)
    Go Deeper
    AI Powered
    Piche Resources

    Piche Resources

    American Copper Development (CSE:ACDX) logo

    American Copper Development

    Scott Tibballs

    Scott Tibballs

    Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.

    Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.

    Latest News

    Incentive Regime for HMW Project in Argentina

    EUR Sells 0.5m CRML Shares for U$1.8m (A$2.7m)

    Trading Halt

    Lo Herma Drilling Permit & Contract Confirmed

    Sarama Resources Completes Mt Venn Gold Project Acquisition

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Australia Investing Stocks

    Blackstone Minerals

     
    BSX:AU

    Osisko Metals: Pure Potential

     
    OM:CA

    Los Andes Copper

     
    LA:CA

    Questcorp Mining

     
    QQQ:CC

    Cygnus Metals

     
    CYG:CC

    Redstone Resources

     
    RDS:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×
    Scott Tibballs

    Scott Tibballs

    Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.

    Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.

    Full Bio

    Learn about our editorial policies.