Kupfer

[reko]

2022/12/16 Panama to shut down First Quantum’s giant copper mine .. The point of contention seems to be a clause that would make the Vancouver-based miner pay a minimum of $375 million in royalties to the state.

2022/12/16 Shutting huge copper project shows why miners worry about starting them

 

2022/12/21 California congressman perfectly sums up what is wrong with US mining policy .. And so 28 years after discovery, Resolution remains stuck in development hell ..

“On the one hand you want to mandate not only electric cars but industrial scale backup batteries for wind and solar farms all in the name of saving the planet. 

“Yet on the other hand you want to radically restrict mining; also in the name of saving the planet.

“Well you can’t do both.”

[reko]

Ausbruchsversuch über 4$

Copper price begins to rise – Analysis – 9-1-2023 .. while breaching it will push the price to 4.3000 as a next main target.

2023/01/09 METALS-China's reopening helps propel copper to 6-month high

2023/01/08 Mining investments on the rise in Peru .. Anglo American (LON: AAL) was the top investor in 2022 with $964 million

[reko]

Farady Copper (FDY.TO, CA3073571034 , früher Copperbank Resources) hat in Copper Creek, Arizona gute  oberflächennahe Bohrergebnisse.

2023/01/31 Faraday Copper Reports 33.77 metres at 3.43% Copper within 65.20 meters at 1.88% Copper at Copper Creek in Arizona

Firmen-Videos

 

2022/12 Faraday Copper Provides Update on Preliminary Economic Assessment and Mineral Resource Estimate for the Copper Creek Project in Arizona .. expected to be completed in the second quarter of 2023.

ni-43-101-technical-report-copper-creek-project-faraday.pdf

faraday_copper_-_analyst_presentation_-_february_2023.pdf

Top Three Strategic Shareholders (24%): Lundin Family, Murray Edwards, Pierre Lassonde

 

[reko]

2023/02/03 Peru’s political crisis has cut access to 2% of the world’s much-needed copper supply .. The Chinese-owned Las Bambas mine in Peru, which accounts for around 2% of the world’s copper production, officially ceased production on 1 February .. about 30% of Peru’s copper production is at risk.

[reko]

2023/02/13 Freeport-McMoRan cuts forecast after floods damage Indonesia’s Grasberg mine

.. Freeport likely will miss at least four weeks of production at Grasberg

[reko]

Ein weiterer Autobauer der in Bergbau investiert

2023/02/27 Stellantis Announces Strategic Copper Investment in Argentina, Reinforcing Commitment to Reaching Carbon Net Zero by 2038

.. $155 million investment in McEwen Copper helps Stellantis secure projected copper demand starting in 2027

 

Die früher hohe Korrelation von Kupfer und Öl hat sich invertiert.

2023/02/22 Copper Diverges from Crude Oil amid Construction Boom, China Prospects

 

2023/02/27 Emerging Challenges in Copper Bring Opportunity for Aluminum

.. A new, in-depth study by S&P Global finds that copper demand from this energy transition will accelerate steeply through 2035.1 The study predicts that achieving the stated climate goals will require a rapid, massive ramp-up of copper supply—essentially a doubling of today’s global copper supply by 2035

The-Future-of-Copper_Full-Report_SPGlobal.pdf, July 2022

[reko]

2023/03/16 EU tags copper and nickel as strategic, but industry wants more

.. The Critical Raw Materials Act (CRMA) unveiled by the European Union adds the two major industrial metals to a list that had previously focused on more niche minerals such as cobalt, lithium and rare earths.

[reko]

Glencore will Teck mit 20% Aufschlag übernehmen, der Mehrheitseigner lehnt ab, die Aktie steigt aktuell 17%. Die Aktien Klasse A (hauptsächlich von Keevil gehalten) haben 100 faches Stimmrecht.

2023/04/03 Teck Resources lehnt Übernahmeangebot von Glencore für alle Aktien ab

.. Glencore bot 7,78 seiner eigenen Aktien für jede nachrangig stimmberechtigte Teck-Aktie der Klasse B und 12,73 Aktien für jede Teck-Stammaktie der Klasse A. Dies entsprach einem Aufschlag von 20% für beide Aktien zum Zeitpunkt des Angebots.

Dr-Norman-Keevil-Statement.pdf

[reko]

Glencore ist weiter interessiert

Glencore CEO Gary Nagle: "the story isn’t over yet"

Glencore Is Still Pursuing Teck After $23 Billion Bid Rejected

Antwort:

‘Canada is not for sale’: Keevil family has no intention of selling Teck to Glencore no matter what the price (Paywall)

Teck said to be open to offers once coal spinoff is complete .. according to people familiar with the matter .. BHP Group Ltd. and Rio Tinto Plc are also said to be actively looking to increase their copper exposure

[reko]

Glencore hat nachgebessert

2023/04/11 Glencore submits reply to Teck and proposes modifications to offer cash in respect of value of coal business .. Teck shareholders would receive 24% of MetalsCo and US$8.2 billion in cash.

[reko]

Eine weitere Übernahme. Der Kupferpreis zieht wieder an, aktuell 4,0942$/lb am oberen Rand des Bereichs der letzten Monate.

2023/04/13 Copper Mountain To Be Acquired By Hudbay Minerals For $2.67 A Share .. a 23% premium to the ten day volume weighted average price.

[reko]

2023/05/09 Bergbaufirmen bereiten sich auf die grüne Revolution vor .. Seit sechs Monaten stehen Bergbauunternehmen Schlange nach allem, was Kupfer produziert. Die treibende Kraft dahinter: Der U.S. Inflation Reduction Act

[reko]

Gegenüber letztes Jahr wird der Anteil der Elekroautos (incl. Plug-in) von CRU jetzt höher geschätzt (42% statt 33% in 2030). Der Bedarf an Kupfer pro Elekroautos wird jetzt niedriger geschätzt (51-56 kg statt 65-66 kg in 2030). 2030 sollen 2,8 Millionen Tonnen Kupfer für Elektroautos benötigt werden. Heute benötigen konventionelle Autos 20 kg Kupfer pro Auto.

2023/07/07 Innovation in EVs seen denting copper demand growth potential .. The engineering changes include shifting to more compact batteries where cells do not have to be wired into modules, using thinner copper foil in battery cells and shifting to higher voltage systems that will require less wiring.

[reko]

2023/10/24 Teck’s Copper Mine Cost Blowout Shows Challenges in Industry .. QB2 will cost about $4 billion more than pre-pandemic estimate .. mining industry is struggling to expand supply on budget and on time when the world faces a looming shortage of the key metal .. inflation drives up costs and regulators tighten environmental standards.

[reko]

2024/01/17 AOTH Top Metals of 2024 Part 1- Copper – Richard Mills

[lowcut]

Börsenprofis wetten auf eine Kupfer-Rally.

 

https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/energiewende-boersenprofis-wetten-auf-kupfer-rally/100017450.html

[reko]

Mark Thompson: "What is going on?

I think there are so few funds left trading #copper (who know what they are doing) and there is a massive multiple of this money that is algorithm based - trading basis global macro and FX data

The algos traders have done well in #copper for the last 10 years as the market has been broadly balanced, but I suspect their algorithm know nothing of concentrate trading, hidden stockpiles, and mining problems I don't know when, but fundamentals will drive the #copper market some time soon. On my supply / demand model I have a 1Mt deficit for 2024 and a year end price prediction of $16,500. I am an outlier. A big outlier... ...but trusting your own analysis when the market has a completely different view is where great returns are to be made!! #copper “

[No.Skill]

vor 48 Minuten von lowcut:

Börsenprofis wetten auf eine Kupfer-Rally.

Tun sie das nicht jedes Jahr?

Dicht gefolgt von der Japan, Silber, Gold, Uran, Wasser, Rohstof-land xy rally 

[reko]

vor einer Stunde von No.Skill:

Tun sie das nicht jedes Jahr?

üblicherweise tun sie das 10+/- Jahre und dann das genaue Gegenteil. Rohstoffmärkte sind zyklisch.

2024/03/01 'A generational opportunity' could be missed by conservative miners - BMO's Colin Hamilton

Zitat

Hamilton is bullish on copper and gold but bearish on nickel. He said the raw material end of the copper market has tightened dramatically, with almost a million tons of mine supply taken out over the past three months. “You look at where treatment and refining charges are now, that's telling you that the raw material end is tightening up and that will flow through to the refined market,” he said. “We’re used to supply problems in copper, but they have been extreme in terms of the assets taken offline, so in terms of copper we would be expecting a higher price now.” Hamilton said BMO Capital Markets uses $9,000 a tonne as the price that should incentivize new copper mines and he sees “long-run pricing in an upward trend.”

 

[No.Skill]

Also an den früh Indikator "Dr. Copper" der irgendwie was ankündigt, kann ich mich erinnern in 2015, 2016, 2017 usw. Bin damals den Börsen Experten gefolgt und hab in diese Minen und Rohstoffe investiert.

Bis ich dann gemerkt habe das "Sie" es jedes Jahr tun. Ist ja auch klar, was sollen sie sonst auch machen..

[reko]

vor einer Stunde von No.Skill:

früh Indikator "Dr. Copper"

Der ist nur ein Teil der Gleichung Demand & Supply. Demand korreliert kurzfristig mit dem Weltwirtschaftswachstum, langfristig mit technologischer Entwicklung. Supply korreliert zeitverzögert mit dem Bergbau.

[No.Skill]

vor 2 Stunden von reko:

korreliert

Ja ich bin eh raus, FSTE All World ETF und fertig.

Dann ist es immer witzig zu sehen, wie man (ich) "Früher" dachte 

[reko]

Saudi Arabien (Manara Minerals Fonds) will 1 Mrd. in Barricks 7 Mrd. Kupfer Projekt investieren. Je 25% hält der pakistanische Staat und die Provinzen.

2024/04/18 Saudi Arabia nears $1bn deal for stake in Barrick’s Reko Diq

barrick.com .. reko-diq .. Reko Diq is expected to have a life of at least 40 years as a truck-and-shovel open pit operation.

[lowcut]

Entlang des peruanischen Bergbaukorridors steht Big Copper vor einem LKW-Wirrwarr.

Zitat

Die steigenden Kupferpreise in diesem Jahr haben zu einem erschreckenden Anstieg der Zahl der Lastwagen geführt, die Kupfer aus illegalen Minen in Peru transportieren. Dadurch werden die Straßen verstopft, Unfälle verursacht und gefährliche Bedingungen geschaffen, vor allem nach Einbruch der Dunkelheit entlang der wichtigsten "Bergbaukorridor"-Autobahn des Andenlandes, so Quellen aus der Industrie gegenüber Reuters.

https://ch.marketscreener.com/kurs/aktie/GLENCORE-PLC-8017494/news/Entlang-des-peruanischen-Bergbaukorridors-steht-Big-Copper-vor-einem-LKW-Wirrwarr-47000948/

[reko]

Bis 2050 werden 16 zusätzliche Escondida Minen benötigt.

2024/11/27 Copper Demand Set to Soar 70% by 2050: Can Supply Keep Up?

2024/09/05 Major Copper Discoveries .. Focus remains on older, known deposits .. Latin America remains top region for discoveries .. Looming near-term deficit

.. For mines that started production in the 2020–2023 period, the average lead time jumped to 17.9 years.