The Conversation (0)
September 29, 2024
- up to 23.2% copper in averaged pXRF assay intervals in core
Alderan Resources Limited (ASX: AL8) (Alderan or the Company) is pleased to advise that its Stage 1 drilling programme at the New Years copper prospect in the Cactus copper-gold (Cu-Au) district in Utah, USA has intersected high grade copper mineralisation based on visual inspection and pXRF readings on the drill core. Spot pXRF readings reach grades of 45.5% copper between 14.0-14.2m down hole NY2024-DDH2 with the average of three separate readings over this interval being 23.2% copper (see Figure 2). This sits within a 30m interval from 10.8m downhole which contains high pXRF copper grades (see Appendix 3).
HIGHLIGHTS
- Two holes intersected high grade copper mineralisation in Alderan’s Stage 1 drilling programme at New Years copper prospect in the Cactus copper-gold district, Utah.
- Hole NY2024-DDH2 intersected copper mineralisation from 10-40m down hole with averaged pXRF drill core assay intervals up to 23.2% copper. A second 2m zone of mineralisation at 72m downhole has spot pXRF grades up to 28.0% copper.
- Hole NY2024-DDH3 has intersected visible oxide copper mineralisation from surface to a depth of 99m downhole – pXRF assaying in progress.
- Copper mineralisation occurs in tourmaline breccia, the same rock that hosts the neighbouring historical Cactus copper-gold deposit which mined 2.0% copper ore.
- The preliminary logging and pXRF readings suggest that the drill holes may have significantly extended the mineralised zones reported in historical holes NY-6 and NY-2 which intersected 13.7m @ 2.32% Cu within 19.8m @ 1.67% Cu from 22.9m downhole and 10.7m @ 1.52% Cu within 27.4m @ 0.85% Cu from surface respectively.
- Alderan is now completing permitting for a follow-up drilling programme at New Years.
Figure 1: High grade copper mineralisation in tourmaline breccia which contains pXRF grades up to 45.5% copper within the interval 14-16m down hole NY2024-DDH2
Cautionary Note: Visual estimates and pXRF readings described in this release and detailed in Appendix 3 should not be considered a proxy or substitute for laboratory analyses. Laboratory assays are required to determine representative grades and mineralisation intervals reported from geological logging and pXRF readings. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Drill core from this programme is being sampled for laboratory analysis at ALS laboratories and results will be reported as soon as they become available.
The Stage 1 drilling at New Years is a three hole (319m) programme aimed at verifying copper mineralisation intersected in historical holes drilled in 1964 and 2002 plus identifying geological controls on mineralisation.1 Stage 2 drilling, which will be dependent on the final Stage 1 results, will focus on extending the mineralisation intersected in Stage 1 and testing geophysical targets. Sampling for lab analysis and detailed geological logging of the holes is still in progress and final design of Stage 2 drill sites is underway. Archaeological inspections required for permitting the proposed Stage 2 drill sites is also underway.
Figure 2: NY2024-DDH2 drill core at 14.0-14.2m downhole. The pXRF copper grade over 3 readings averages 23.2%.
Managing Director of Alderan, Scott Caithness, commented:
“The visual estimates and pXRF spot readings on the core from the second and third holes drilled in the New Years programme are very exciting with both indicating that near surface potentially high grades of copper mineralisation have been intersected. There is also clear evidence that copper rich sulphide mineralisation occurs deeper in the breccia pipe.
“The 30m copper mineralised intersection in Alderan’s hole NY2024-DDH2 from 10m downhole appears to broadly correlate and extend the historical hole NY-6 intersection which was 13.7m @ 2.32% Cu within 19.8m @ 1.67% Cu from 22.9m downhole. Although pXRF assays are not yet available, based on visuals hole NY2024-DDH3 appears to have intersected copper mineralisation to a depth of around 99m from surface – much deeper than historical hole NY-2.
“The Stage 1 drilling programme has been completed with detailed geological logging of the core and sampling for lab analysis now underway. Work has also commenced on final design and permitting for follow-up drilling”
Click here for the full ASX Release
This article includes content from Alderan Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
28 March
Top 5 Canadian Mining Stocks This Week: Euro Sun Gains 54% as Copper Hits New High
Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.
The US Bureau of Economic Analysis released February personal consumption expenditures (PCE) index data on Friday (March 28). The figures show inflation increased 2.5 percent on an annualized basis in February, aligning with analyst expectations and reflecting no change from the 2.5 percent recorded in January. On a monthly basis, inflation rose by 0.3 percent, also matching January’s increase.
However, core PCE, which excludes the volatile food and energy prices, increased 2.8 percent year-over-year and 0.4 percent month-over-month. Both came in above analyst expectations of 2.7 and 0.3 percent, respectively.
The PCE is the Federal Reserve's preferred measure for tracking inflation and will be significant when it meets next in May. Combined with recent consumer price index figures, the data indicates progress has stalled in bringing inflation to the Federal Reserve's 2 percent target rate.
To the north, Statistics Canada released January gross domestic product (GDP) numbers on Friday. The report shows that GDP grew by 0.4 percent in January, up from a 0.3 percent increase in December.
The largest gain was observed in goods-producing industries, which rose 1.1 percent, marking the highest increase since October 2021. As for Canada’s resources, the mining, quarrying and oil and gas extraction sector increased by 1.8 percent during the first month of the year. This increase was driven by a 2.6 percent rise in the oil and gas extraction subsector. However, metal ore mining declined by 1.2 percent.
The agency also provided a brief estimate of February’s GDP numbers, as well as a look at Canada and the US’s metal manufacturing trade. Tariff threats from the United States appear to have kept numbers flat, as preliminary real GDP data is “essentially unchanged in February.” Official data for February will be released on April 30.
Markets and commodities react
In Canada, markets were in the red this week. The S&P/TSX Composite Index (INDEXTSI:OSPTX) fell 1.2 percent during the week to close at 24,759.15 on Friday, the S&P/TSX Venture Composite Index (INDEXTSI:JX) decreased 1.04 percent to 633.63 and the CSE Composite Index (CSE:CSECOMP) dropped 2.43 percent to 121.13.
US equity markets fell even further this week. The S&P 500 (INDEXSP:INX) lost 2.4 percent to close at 5,5680.95, the Nasdaq 100 (INDEXNASDAQ:NDX) dropped 3.79 percent to 19,281.40 and the Dow Jones Industrial Average (INDEXDJX:.DJI) shed 1.41 percent to 41,583.91.
The gold price climbed to fresh all time highs this week gaining 2.02 percent to US$3,084.48 per ounce at 5:00 p.m. EDT Friday. The silver price rose higher with a 3.29 percent increase during the period to US$34.10.
In base metals, the copper price set an all time high of US$5.32 per pound on Wednesday before finishing the week flat to close out Friday at US$5.13 per pound on the COMEX. Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) was up 0.41 percent to close at 560.50.
Top Canadian mining stocks this week
So how did mining stocks perform against this backdrop? We break down this week’s five best-performing Canadian mining stocks below.
Stock data for this article was retrieved at 2:00 p.m. EDT on Friday using TradingView's stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.
1. Euro Sun Mining (TSX:ESM)
Weekly gain: 53.85 percent
Market cap: C$30.94 million
Share price: C$0.10
Euro Sun Mining is a copper and gold development company focused on advancing its Rovina Valley project in Romania.
The project’s mining license received full approval for 20 years in 2018, with the option to renew it in five-year increments.
An updated feasibility study from March 2022 demonstrated the project's economics, showing a post-tax net present value of US$512 million and an internal rate of return of 20.5 percent, assuming a base case gold price of US$1,675 per ounce and a copper price of US$3.75 per pound.
Proven and probable mineral reserve estimates for the site show contained quantities of 197,522 metric tons of copper with an average grade of 0.16 percent, along with 1.84 million ounces of gold with an average grade of 0.47 grams per metric ton (g/t) from 123.3 million metric tons of ore.
Although Euro Sun did not release news this week, shares increased alongside a rising copper price.
2. Rackla Metals (TSXV:RAK)
Weekly gain: 50 percent
Market cap: C$22.58 million
Share price: C$0.225
Rackla Metals is a gold exploration company with a significant land package covering 59,000 hectares in the Eastern Yukon and Western Northwest Territories, Canada. The firm is specifically targeting properties within the Tombstone Gold Belt, which hosts a gold system that tends to produce deposits in clusters.
Among its key projects is the Astro plutonic complex in the Northwest Territories, which is in close proximity to significant discoveries at Snowline Gold’s (TSXV:SGD,OTCQB:SNWGF) Rogue plutonic complex and Fireweed Metals’ (TSXV:FWZ,OTCQX:FWEDF) Macmillan Pass project.
Besides Astro, Rackla has been exploring its Grad property, which it initially staked in August 2024. Work at the 4,000 hectare site has focused on anomalies identified in a government regional geochemical survey. In October 2024, the company reported that grab samples from the BiTe zone yielded grades of up to 92 g/t gold in its season-end exploration update.
The company's latest release came on Tuesday (March 24), when it announced a non-brokered private placement to raise total gross proceeds of C$2.45 million. The company intends to use proceeds to advance work at its Tombstone gold belt properties.
3. Tidewater Renewables (TSX:LCFS)
Weekly gain: 49.55 percent
Market cap: C$112.45 million
Share price: C$3.35
Tidewater Resources is focused on the production of low-carbon fuels from facilities in British Columbia, Canada.
Its sole operation is a renewable diesel and hydrogen complex located near Prince George. The project has a nameplate capacity of 3,000 barrels per day of renewable diesel and 23.7 metric tons per day of hydrogen. The plant began production during Q4 2023 using feedstock that included soybean and canola oil.
The company is expanding the site to produce sustainable aviation fuel, which it plans to start producing in 2028.
On March 6, Tidewater announced that it had advised the Canadian Border Services Agency (CBSA) to initiate an anti-subsidy and anti-dumping duty investigation into imports of renewable diesel from the US. The release indicated that the CBSA confirmed that Tidewater had provided sufficient evidence to support the allegations.
Tidewater expects that additional duties of between C$0.50 and C$0.80 will be applied to renewable diesel imports originating from the US, which would provide increased market stability for Tidewater products.
The company released its financial results for 2024 on Thursday, March 27. In the announcement, the company stated that its renewable diesel and hydrogen complex achieved an average daily throughput of 2,677 barrels per day in the fourth quarter, marking a significant increase from the 1,700 barrels per day throughput in Q4 2023.
4. Titan Mining (TSX:TI)
Weekly gain: 48.28 percent
Market cap: C$57.27 million
Share price: C$0.43
Titan Mining is a critical mineral mining and development company focused on advancing and exploring its zinc and graphite assets in New York, US.
Its Empire State Mines (ESM) zinc operations include ESM 4, which restarted production in January 2018, along with six past-producing mines capable of supplying additional feedstock for its onsite mill.
On January 7, Titan released an updated life of mine plan for its ESM properties, which projected a 35 percent increase in production compared to its previous plan released in 2021. The new plan extends the mine's operational life to nine years, up from seven, and anticipates the production of 636 million pounds of zinc, increased from 470 million pounds in the prior plan.
In addition to zinc, the company also owns the Kilbourne graphite deposit located 4,000 feet from the existing mill at its Empire Mines operation.
A December 2024 maiden mineral resource estimate demonstrated an open pit inferred resource of 653,000 short tons of contained graphite from 22.42 million short tons of ore with an average grade of 2.91 percent copper.
Titan’s most recent news came on March 20, when it released its full-year 2024 results. In the announcement, the company stated it had achieved the upper end of production guidance with 59.5 million pounds of payable zinc. It also reported C1 cash costs of US$0.91 per payable pound sold, which was below the guidance range of US$0.98 to US$1.02.
5. Supernova Metals (CSE:SUPR)
Weekly gain: 39.71 percent
Market cap: C$14.1 million
Share price: C$0.475
Supernova Metals is an exploration company with rare earth mineral claims in Newfoundland and Labrador, Canada, as well as petroleum interests in Namibia.
Its TT rare earth claims comprise two licenses spanning 825 hectares in central Labrador and are adjacent to Canada Rare Earth’s (TSXV:LL,OTC Pink:RAREF) Two Tom project. The company shared plans to begin exploration in February.
In addition to its TT Claims, the company announced on January 31 that it had successfully completed its acquisition of NamLith Resources. The purchase provides Supernova with an 8.75 percent indirect ownership interest in Block 2712A and petroleum exploration license 107 in Namibia’s offshore Orange Basin.
In a follow-up on February 6, Supernova reported that a NI51-101 technical report is being prepared for the block. The company has since added two senior strategic advisors with experience in the energy industry.
The company has not released any project updates in the past week.
FAQs for Canadian mining stocks
What is the difference between the TSX and TSXV?
The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.
How many companies are listed on the TSXV?
As of June 2024, there were 1,630 companies listed on the TSXV, 925 of which were mining companies. Comparatively, the TSX was home to 1,806 companies, with 188 of those being mining companies.
Together the TSX and TSXV host around 40 percent of the world’s public mining companies.
How much does it cost to list on the TSXV?
There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.
The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.
These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.
How do you trade on the TSXV?
Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange's trading hours.
Article by Dean Belder; FAQs by Lauren Kelly.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.
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27 March
Successful Completion of the Renounceable Rights Issue
Impact Minerals Limited (IPT:AU) has announced Successful Completion of the Renounceable Rights Issue
21 March
Copper Prices Surpass US$10,000 as US Tariff Fears Shake Global Markets
Copper prices surged past US$10,000 per metric ton on Thursday (March 20), hitting a five month high as traders scrambled to secure supply ahead of potential US tariffs on the base metal.
London Metal Exchange (LME) copper futures climbed sharply in early trading, reflecting a combination of supply constraints, rising demand and uncertainty surrounding trade policy.
US President Donald Trump has ordered a probe into the national security implications of copper imports, raising concerns that a 25 percent tariff could be imposed, similar to levies already placed on aluminum and steel.
The potential for such tariffs has triggered a wave of preemptive buying, particularly in the US, where traders are paying record premiums to acquire copper before any duties take effect. The spread between New York Comex futures and LME prices widened to more than US$1,254 this week, exceeding February’s high of US$1,149.
Tariff threat complicating copper trade
If the US imposes a 25 percent tariff on copper imports, analysts say the price gap between Comex and LME copper could widen even further, potentially surpassing US$2,000.
StoneX analyst Natalie Scott-Gray told the Financial Times that this would further distort global copper trade, creating strong incentives for suppliers to shift even more metal to the US market.
Wei Lai, deputy trading head at Zijin Mining Investment Shanghai, told Bloomberg that “a round of cross-regional repricing triggered by potential US tariffs" is unfolding. The rush to divert supply to the US is leaving other regions short of the metal, while also boosting investor confidence in copper as a lucrative commodity.
Beyond tariffs, the copper market is facing broader supply-side challenges. Processing fees for copper smelters have reached historic lows, raising concerns about the long-term viability of some refining operations. An oversupply of smelting capacity — particularly in China — has made it difficult for copper smelters to maintain profitability.
Commodities trading giant Glencore (LSE:GLEN,OTC Pink:GLCNF) recently announced it would halt operations at its Philippine copper smelter, citing “increasingly challenging market conditions” as processing fees collapsed.
More smelters could shut down if the situation persists, further tightening copper supply and boosting prices.
While trade policy is a key factor driving copper’s price surge, broader macroeconomic trends are also playing a role. Expectations of rising demand from Germany’s major infrastructure and military spending initiatives, as well as stimulus measures in China, are supporting bullish sentiment for the metal. Furthermore, some investors are diversifying away from US tech stocks, shifting funds into gold and industrial metals as a hedge against economic volatility.
During the recent Prospectors & Developers Association of Canada convention, Adrian Day, president of Adrian Day Asset Management, explained why US tariffs on copper imports would be a bad idea.
"Logically, if you're worried that we need a lot of copper in the US and we're not producing enough, the last thing you want to do is put tariffs on shipments from abroad," Day explained. "I suspect that the people making a recommendation will recommend no tariffs, and they'll recommend encouraging domestic production, and so on."
Rising copper prices boost China's Zijin
The positive impact of higher copper prices is already being felt across the mining sector.
Zijin Mining Group (OTC Pink:ZIJMF,SHA:601899), China’s largest metals producer, reported a 52 percent jump in profit last year, driven by increased output and soaring prices for copper and gold. The company posted net income of 32.1 billion yuan (US$4.4 billion), with revenue climbing 3.5 percent to 303.6 billion yuan.
Despite these gains, Zijin recently lowered its copper output target for 2025 by about 6 percent to 1.15 million metric tons, citing regulatory hurdles and geopolitical challenges that have slowed its overseas expansion. Resistance to Chinese acquisitions in western markets has also played a role in the company’s revised projections.
Market waits for copper probe results
For now, the outlook for copper is uncertain as traders await the results of the US tariff investigation.
While final recommendations are unlikely to come until later this year, major investment banks, including Goldman Sachs (NYSE:GS) and Citigroup (NYSE:C), expect 25 percent import duties on copper by the end of 2025.
In the meantime, copper prices are likely to remain volatile.
As of midday on Thursday (March 20), LME copper was trading just below US$10,000, with other base metals showing mixed performance. Aluminum remained slightly higher, while nickel was steady.
Don’t forget to follow us @INN_Resource for real-time news updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
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20 March
Hillgrove Accelerates Nugent Copper Deposit Development, Raises AU$16 Million
Hillgrove Resources (ASX:HGO,OTC Pink:HLGVF) said on Monday (March 17) that it is accelerating development of the Nugent deposit at its Kanmantoo copper mine after raising AU$16 million.
The company secured AU$13 million through a placement to institutional and sophisticated investors, and raised AU$3 million via a share purchase plan that was open to existing shareholders.
"Following the success of the recent excellent Nugent drilling results, our technical team have identified a path to accelerate the Nugent production profile,” said CEO and Managing Director Bob Fulker in a March 5 release.
Fulker was referring to results from a recent drilling program at the South Australia-based operation, including 18.55 metres at 5.69 percent copper and 1.02 grams per tonne gold — significantly higher than the resource grade.
“This acceleration will allow the Kanmantoo underground mine to increase production up to 1.8Mtpa, with increased production of copper units and a material consequential decrease in our unit costs," he added.
The company said the target expansion for the mining and processing rate is approximately 25 percent, noting that it expects to see changes within the first six months of 2026.
Hillgrove also said it has entered into relevant key contracts to start work on the decline to access ore.
Its existing contractor, PJL, will supply and maintain the requisite mining equipment, while construction engineering company Redpath will provide labour for the project. Both contractors are scheduled to start work in April.
Located approximately 55 kilometres from Adelaide, Kanmantoo operated as a series of open pits from 2010 to 2020. Hillgrove began underground mining at the site in May 2023, declaring commercial production in July 2024.
The project has three production areas: Kavanagh, Spitfire and Nugent. The first two are currently in operation.
“Having three active mining areas will increase the efficiency and flexibility of underground mining operations at Kanmantoo as well as providing a more diversified base of feed to our plant,” Fulker added.
Hillgrove successfully restarted the 3.6 million tonne per year processing plant at the site in 2018.
First ore processing from Nugent is anticipated in the fourth quarter of 2025, while ore from the deposit is expected to be delivered to the plant in the first half of 2026. It plans to complete 60,000 metres of drilling at the site this year.
Copper attracting attention in Australia
In an interview with the Investing News Network, Guy Le Page, director at RM Corporate Finance, said that copper, uranium and select critical minerals are currently gaining attention in Australia.
The red metal is a strategic element in the country's road to net zero, as it is often used for renewable energy innovations such as electric vehicles, wind turbines and solar panels.
Mining giant BHP (ASX:BHP,NYSE:BHP,LSE:BHP) is projecting a 70 percent increase in copper demand by 2050, giving Hillgrove and other companies more reasons to boost their output of the key commodity.
Don’t forget to follow us @INN_Australia for real-time news updates!
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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20 March
Kiribati Explores Deep-Sea Mining Deal with China Amid Global Regulatory Talks
Kiribati is reportedly in discussions with China to explore deep-sea mining opportunities, signaling a potential shift in its approach to tapping into its vast offshore mineral resources.
The Pacific island nation holds the exploration rights to a 75,000 square kilometer area in the Pacific Ocean, a region believed to contain valuable deposits of cobalt, nickel, and copper — key materials for the global battery industry.
The talks between Kiribati and Chinese officials come after the collapse of a previous agreement with the Metals Company (TMC) (NASDAQ:TMC), a Canada-based deep-sea mining outfit.
TMC confirmed that the contract was terminated "mutually" at the end of 2024, stating that Kiribati's mining rights were "less commercially favourable than (its) other projects" with Nauru and Tonga.
In a Monday (March 17) statement, the Kiribati government described discussions with Chinese Ambassador Zhou Limin as "an exciting opportunity" to explore ways to potentially collaborate on exploring Kiribati's deep-ocean resources.
A fisheries official confirmed the government is seeking new foreign partners to advance its deep-sea mining ambitions.
Kiribati's engagement with China aligns with Beijing's broader push to secure access to critical minerals in the Pacific.
In February, China struck a five year deal with the Cook Islands to cooperate on seabed exploration, although the agreement does not include any mining or exploration licenses.
For its part, Kiribati has taken steps to deepen its ties with China in recent years, severing diplomatic relations with Taiwan in 2019. Since then, Chinese companies have gained rights to exploit Kiribati's profitable fisheries, and Chinese police personnel have visited Tarawa, the country's capital, to train local security forces.
Opposition leader Tessie Lambourne has expressed concerns about China's growing influence on Kiribati, stating, "I always say that our government is bending over backwards to please China."
While Kiribati and other Pacific island nations, such as Nauru, view deep-sea mining as a potential economic boon, opposition remains strong among some regional neighbors.
Palau, Fiji and Samoa have called for a moratorium on the industry, citing significant environmental concerns.
Global regulatory talks underway on deep-sea mining
Companies looking to exploit the seabed are targeting polymetallic nodules — rock-like formations rich in manganese, cobalt, copper and nickel. However, scientists warn that large-scale mining could have irreversible consequences for marine ecosystems, potentially disrupting poorly understood habitats.
The future of deep-sea mining is currently under debate at the International Seabed Authority (ISA), a United Nations-affiliated body responsible for regulating seabed resources beyond national jurisdictions.
The Council of the ISA convened on Monday in Kingston, Jamaica, for two weeks of intensive negotiations aimed at finalizing regulations that would govern seabed mineral exploitation.
One key agenda item involves determining regulatory scenarios in case a country submits an application for seabed exploitation before formal rules are established. Delegations from Nauru and Chile were given additional time to agree on this issue, with discussions scheduled for March 28.
The Council of the ISA is also reviewing a revised draft of the exploitation regulations, focusing on environmental standards and benefit-sharing mechanisms.
A high-level discussion on the draft standards and guidelines is set for March 27. It will help determine which documents are ready for finalization, and which require further updates from the Legal and Technical Commission.
Don’t forget to follow us @INN_Resource for real-time news updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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19 March
Red Metal Resources CEO Highlights Copper and Hydrogen’s Crucial Role in AI Development
Red Metal Resources (CSE:RMES,OTC Pink:RMESF) President and CEO Caitlin Jeffs underscores the importance of copper and hydrogen amid global developments in artificial intelligence and the future of technology.
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