The Swiss commodities giant wants to target other opportunities, and is ready to start the sales process for its Rolleston mine in Queensland.
CEO Ivan Glasenberg expects electric car demand to boost the need for copper and the company’s other key metals, and is positioning Glencore accordingly.
Speaking at this year’s Sprott Natural Resource Symposium, Friedland also named three companies he’s currently bullish on.
Frank Holmes, CEO and chief investment officer of US Global Investors, also discusses his favorite stocks.
Electric cars use three to four times more copper wiring than standard internal combustion engines. As they become more popular they could boost copper demand.
Trilogy Metals Inc. (TSX, NYSE-MKT: TMQ) (“Trilogy Metals” or “the Company”) is pleased to announce the results of a recently completed metallurgical test work program using sample material from the Arctic deposit collected during the 2016 field season. This metallurgical test program was carried out as a follow-on program to
Trilogy Metals (TSX, NYSE-MKT: TMQ) (“Trilogy Metals” or “the Company”) is pleased to announce that it intends to undertake a pre-feasibility study (“PFS”) on the high-grade Arctic deposit located in northwest Alaska. The PFS will be supported by information collected during the 2015 and 2016 field seasons as well as
TORONTO, ONTARIO–(Marketwired – Sept. 20, 2016) – Era Resources Inc. (“Era” or the “Company”) (TSX VENTURE:ERX) is pleased to announce that it has entered into an amending agreement with its major shareholder, Sentient Executive GP IV Limited, acting for the general partner of Sentient Global Resources Fund IV L.P. (collectively, “Sentient”),
TORONTO, ONTARIO–(Marketwired – Sept. 7, 2016) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Era Resources Inc. (“Era” or the “Company”) (TSX VENTURE:ERX) is pleased to announce completion of resource drilling and further assay results from the 2016 Infill and Proximal Drill Campaign at
TORONTO, ONTARIO–(Marketwired – May 30, 2016) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.
Era Resources Inc. (“Era” or the “Company”) (TSX VENTURE:ERX) is pleased to provide an update on the 2016 Infill and Proximal Drill Campaign at the Yandera Project in Papua New Guinea
Copper prices were up 0.14 percent on Thursday to $2.21 per pound. Overall, the price of copper today is 4.63 percent higher than it was at the start of the year, but a recent dip has some analysts concerned that prices could fall further in the near term.
Copper Fox Metals Inc. (TSXV:CUU) announced an update of the activities of Copper Fox, its subsidiaries, and its 65.4% controlled company, Carmax Mining Corp. The activities undertaken by Copper Fox in 2015 materially advanced all its projects including the studies completed by the Schaft Creek Joint Venture.
As quoted in the press release:
Freeport’s plans to reduce operations at its Sierrita mine will cut output by 100 million pounds of copper and 10 million pounds of moly per year.