LME Week 2023: Positive Copper Sentiment

LME Week 2023: Positive Copper Sentiment

Los Andes Copper Ltd.  (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company"), is pleased to provide an industry update following London Metal Exchange ("LME") Week.

The annual gathering of the global metals community in London at LME Week included representatives from the breadth of the supply chain, with discussions centering around current trends in metals markets and outlooks for the year ahead.

ESG and the green transition was a principal focus at LME Week 2023. The London Metals Exchange stated at the beginning of the week that it is working with various organisations, including producers, to increase the sustainability credentials of the metals traded in its system.

However, it was copper that formed the basis of many sector discussions. At the LME Metals Seminar on Monday, copper was overwhelmingly the top bet for base metals in 2024. Following analyst presentations on the six base metals traded on the LME, attendees were asked to vote in a poll on which base metal is likely to have the most upside in 2024. Copper received 53% of the vote, with tin second receiving 23%.

Despite current price weakness across all base metals due to several factors, there remains a projected deficit in long term copper supply as it continues to be a key player in the green transition. Demand is projected to outstrip current production levels and expansion plans.

As a result, Citibank analyst, Max Layton, remarked that the LME copper price could jump from today's $8,100 to between $12,000 and $15,000 in 2025 in line with continued demand. Miners with defined copper resources and strong ESG credentials are vital in the push to meet net zero comittments.

Los Andes Copper fulfils this role, wholly owning one of the largest advanced copper deposits in the world. Los Andes' Tier One Vizcachitas project, which is being developed with sustainability initiatives at the forefront, can contribute to plugging the supply gap and help to deliver decarbonisation strategies.

Eduardo Covarrubias, Chairman of Los Andes, commented: "During LME Week, it was pleasing to see industry experts demonstrate their confidence in copper as a critical material. It is essential that we fill the supply gap in a sustainable manner if we are to meet net zero goals. The Vizcachitas Project is poised to be part of the solution as one of the largest development stage copper projects in the Americas utilising sustainable mining technologies in its mine design. This has resulted in a significant reduction in water and power useage as well as project footprint."

About Los Andes Copper Ltd.

Los Andes Copper Ltd. is a development company with an 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing Vizcachitas, which is located along one of Chile's most prolific copper belts. Vizcachitas is one of the largest copper deposits in the Americas not controlled by the majors and the Company believes it will be Chile's next major copper mine.

The Project is a copper-molybdenum porphyry deposit, located 150 kilometres north of Santiago, in an area of very good infrastructure. An independent technical report for the PFS, prepared in accordance with NI 43-101, is available on the Company's SEDAR profile.

Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

For more information please contact:

Santiago Montt, CEO
Santiago.montt@losandescopper.com
Tel: +56 2 2954 0450

Elizabeth Johnson, Investor Relations
Elizabeth.Johnson@losandescopper.com

E-Mail: info@losandescopper.com or visit our website at www.losandescopper.com

Follow us on X: @LosAndesCopper

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184541

News Provided by Newsfile via QuoteMedia

LA:CA
Los Andes Copper

Los Andes Copper Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Los Andes Copper (TSXV:LA)

Los Andes Copper


Keep reading...Show less

Developing a World-Class Chilean Copper Asset

Los Andes Copper at 121 Mining Investment London

Los Andes Copper at 121 Mining Investment London

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") is pleased to announce that the Company will be attending and participating in the upcoming 121 Mining Investment London event ("121") on 12-13 May 2025.

The 121 conference is London's largest dedicated mining investment event with over 100 companies and more than 400 sophisticated investors attending for two days of pre-booked 1-2-1 meetings.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Los Andes Copper Announces Expansion of Land Package

Los Andes Copper Announces Expansion of Land Package

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") is pleased to announce that the Company has expanded its land package by obtaining first-priority exploration claims over new areas within and adjacent to the current property boundaries for Los Andes' Vizcachitas copper project in Chile ("Vizcachitas").

The claims cover an 18 square kilometer ("km2") block within the current property boundary, and another 7km2 block adjacent to the north-east corner of the property boundary, as shown in Figure 1.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
LME Week 2024: Copper Highlighted as 'Top Prospect'

LME Week 2024: Copper Highlighted as 'Top Prospect'

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") is pleased to provide an industry update following London Metal Exchange ("LME") Week.

The annual gathering of the global metals community in London featured representatives from across the supply chain including company executives, government officials, traders and financiers, with discussions centring around current market trends and outlooks for the year ahead.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Los Andes Copper Notes Recently Reported Share Sales by Resource Capital Fund

Los Andes Copper Notes Recently Reported Share Sales by Resource Capital Fund

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") announces today information which came to the attention of the Company yesterday concerning its second-largest shareholder, Resource Capital Fund VI L.P. ("RCF") and which has been the subject of inquiries from a number of shareholders.

Based on insider reports filed by RCF on September 10, 2024, the Company has learned that RCF sold common shares of the Company ("Los Andes Shares") from its holdings over 19 trading days between July 23, 2024 and September 9, 2024. The Company understands that, prior to these share sales, RCF held a direct interest in the Company of approximately 13.6%, and also an indirect beneficial ownership in Los Andes Shares through its equity interest in the Company's largest shareholder, Turnbrook Mining Limited, of approximately 9%.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Chile Day Paris

Chile Day Paris

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") is pleased to announce that its CEO, Santiago Montt, has been invited by the Government of Chile to participate today as a panelist at the Chile Day Paris.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone District

Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone District

Sun Summit Minerals Corp. (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an update from its ongoing project-wide exploration program at the JD Project, Toodoggone Mining District, north-central British Columbia (the "JD Project"). Drilling has now commenced with over 5,000 meters of drilling planned.

Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Domestic Metals Extends Non-Brokered Private Placement

Domestic Metals Extends Non-Brokered Private Placement

 

  **NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**  

 

TSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E) reports that, pursuant to their news release dated May 27, 2025, they have requested a 30-day extension to the non-brokered private placement (the "Placement"). The terms of the Placement remain the same. The Company confirms there are no material changes.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
FPX Nickel Announces Share-Based Compensation Grant

FPX Nickel Announces Share-Based Compensation Grant

 
 

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that the board of directors of the Company has approved the grant of 5,305,000 stock options (the " Options ") to directors, officers and employees of the Company pursuant to the Company's Share Compensation Plan. The Options have an exercise price of $0.30 per share, with a five-year term and are fully vested on the grant date, July 10, 2025 .

 
 

  FPX Nickel logo (CNW Group/FPX Nickel Corp.) 

 

The Company also granted an aggregate 750,000 restricted share units (the " RSUs ") to certain officers of the Company. The RSUs vest in three equal installments on the annual anniversaries of the grant date and each vested RSU will entitle the holder to receive one common share of the Company or the equivalent cash value upon settlement.

 

  About FPX Nickel Corp.  

 

 FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

 

On behalf of FPX Nickel Corp.

 

"Martin Turenne"
Martin Turenne , President, CEO and Director

 

   Forward-Looking Statements   

 

  Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.  

 

SOURCE FPX Nickel Corp.

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/11/c5569.html  

 
 

 

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Cygnus Metals Limited: Issue of Performance Rights

Cygnus Metals Limited: Issue of Performance Rights

 

Cygnus Metals Limited ("Cygnus" or the "Company") advises that it has issued an aggregate of 67,050,000 performance rights ("Performance Rights") to directors, and key employees and consultants, under the Company's Omnibus Equity Incentive Plan ("Plan").

 

Shareholders approved the Plan and the issue of Performance Rights to directors at the Company's annual general meeting held on May 14, 2025. The Performance Rights to key personnel were issued on the same terms and conditions as the director Performance Rights, as set out in the notice of annual general meeting released to ASX on April 14, 2025.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Silver47 Conducts Prospecting and Soil Geochemical Surveys at Its Adams Plateau SEDEX Silver-Zinc-Lead-Copper-Gold Project, BC, Canada

Silver47 Conducts Prospecting and Soil Geochemical Surveys at Its Adams Plateau SEDEX Silver-Zinc-Lead-Copper-Gold Project, BC, Canada

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the 2025 exploration program is nearing completion at its wholly-owned Adams Plateau Project (the "Project") in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX project.

Gary Thompson, CEO of Silver47, stated: "We are glad to continue our work on Adams Plateau toward defining drill targets on this road-accessible project. The abundance of surface mineralization on the Project is very encouraging for the potential of new and exciting discoveries. The Company has received a 5-year permit for drilling. This year is shaping up to be transformational for the Company with a full season of drilling at the flagship Red Mountain Project and the pending merger with Summa Silver."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Osisko Metals Infill and Expansion Drilling Intersects New Wide Mineralization at Gaspé Copper

Osisko Metals Infill and Expansion Drilling Intersects New Wide Mineralization at Gaspé Copper

 

   New Expansion Hole Intersects    279    Metres Averaging    0.49    % Cu   

 

   Nine Drill Rigs Now Active on Site   

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Los Andes Copper

Los Andes Copper Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×