Copper

Novo Resources Corp. March Quarterly Update

Retrieved on: 
Friday, May 3, 2024

Significant exploration results delivered across Novo Resource’s (Novo or the Company) Western Australian gold portfolio, notably at the Becher and Nunyerry North Projects.

Key Points: 
  • Significant exploration results delivered across Novo Resource’s (Novo or the Company) Western Australian gold portfolio, notably at the Becher and Nunyerry North Projects.
  • Novo completed a maiden RC drilling program of 30 holes for 2,424 m at Nunyerry North in Q4 2023.
  • Novo retained its 20% share of battery mineral rights as well as all gold and silver rights on these tenements.
  • As at 31 March 2024, Novo had a cash balance of A$16.7 million (C$15 million).

Microchannel Heat Exchanger Market Report 2024: Global Analysis and Forecasts, 2023-2033 - Expanding Incorporation of MCHE in Renewable Energy and Increasing Usage in Automotives - ResearchAndMarkets.com

Retrieved on: 
Friday, May 3, 2024

The "Microchannel Heat Exchanger Market - A Global and Regional Analysis: Focus on Application, Product, and Region - Analysis and Forecast, 2024-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Microchannel Heat Exchanger Market - A Global and Regional Analysis: Focus on Application, Product, and Region - Analysis and Forecast, 2024-2033" report has been added to ResearchAndMarkets.com's offering.
  • The Asia-Pacific region leads the microchannel heat exchanger (MCHE) market for several reasons.
  • The focus on energy conservation and pollution reduction drives the adoption of MCHEs, aligning with regulations aimed at reducing emissions.
  • The microchannel heat exchanger (MCHE) market is experiencing an intriguing transformation, especially with the automotive industry emerging as a significant contributor.

Gold Resource Corporation Reports Financial Results for the First Quarter 2024

Retrieved on: 
Friday, May 3, 2024

Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its first quarter operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities.

Key Points: 
  • Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its first quarter operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities.
  • As a result, plant throughput was reduced, and recoveries were lower during the first few weeks of the quarter until solutions were achieved.
  • Work will continue during the second quarter to further improve recoveries.” stated Allen Palmiere, President and CEO.
  • Even with a good track record at DDGM, the Company continues to strive each quarter for improved measures, awareness, and training.

Affordable desktop CNC Carvera Air breaks funding records on Kickstarter

Retrieved on: 
Thursday, May 2, 2024

MIDDLETOWN, Del., May 2, 2024 /PRNewswire/ -- Following the success of the original Carvera CNC machine, Makera is making headlines again with the launch of Carvera Air on Kickstarter .

Key Points: 
  • MIDDLETOWN, Del., May 2, 2024 /PRNewswire/ -- Following the success of the original Carvera CNC machine, Makera is making headlines again with the launch of Carvera Air on Kickstarter .
  • Carvera Air is only available on Kickstarter until May 10, 2024, with early bird rewards offering significant savings compared to the retail price.
  • Makera introduced the Carvera Air to make CNC milling straightforward and affordable.
  • Makera's journey began with a Kickstarter campaign for the original Carvera machine back in 2021, which raised over $1.7 million.

LUCA REPORTS SUCCESSFUL METALLURGICAL TEST WORK FOR NEW COPPER CONCENTRATE AT CAMPO MORADO

Retrieved on: 
Thursday, May 2, 2024

VANCOUVER, BC, May 2, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to report that the metallurgical test work on the copper-lead separation process at Campo Morado has been successfully completed.

Key Points: 
  • VANCOUVER, BC, May 2, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to report that the metallurgical test work on the copper-lead separation process at Campo Morado has been successfully completed.
  • The separation results in the lab have been positive with improved grades of gold and silver in the copper concentrate.
  • The copper concentration test work was conducted at ALS, utilizing parent samples sourced from each ore body in the production plan.
  • A flowsheet was developed utilizing the pre-flotation and bulk roughing circuits in operation in the Campo Morado plant.

New Funding Initiatives Propel U.S. Towards Greater Self-Sufficiency in Critical Minerals

Retrieved on: 
Wednesday, May 1, 2024

VANCOUVER, BC, May 1, 2024 /PRNewswire/ -- In an effort to bolster the domestic supply chain for critical minerals and materials, the Biden Administration recently announced a $17.5-million investment to develop more affordable, sustainable production processes throughout the USA. The announcement came just days after the Center for Strategic & International Studies's (CSIS) Project on Critical Minerals Security launch, meant to build the resilient supply chains needed for national, economic, and energy security. These initiatives are meant to build out a more robust supply of the 50 mineral commodities within the current United States Critical Materials List, each representing materials essential to economic and national security, however, for 43 of these critical minerals, the USA imports more than half of its supply. The mining industry is pushing forward to develop these types of commodities with miners making progress, including Ares Strategic Mining Inc. (CSE: ARS) (OTCQX: ARSMF), MP Materials Corp. (NYSE:MP), Energy Fuels Inc. (NYSE-A: UUUU) (TSX: EFR),  Arcadium Lithium plc (NYSE: ALTM), and Freeport-McMoran Inc. (NYSE: FCX).

Key Points: 
  • Among the more overlooked commodities on the critical minerals list is fluorspar , the only non-metallic commodity on the list that's 100% imported into the USA— according to the USGS .
  • Consisting of 353 claims spanning a 5,982-acre area, the Lost Sheep Mine is in the process of construction towards commercial production.
  • Back in March, Ares announced the completion of its mine planning, and the commencement of its mine's installation construction.
  • But before his departure, Adkerson is strongly encouraging the US government to improve its mine permitting process if it hopes to boost domestic supplies of critical minerals.

New Funding Initiatives Propel U.S. Towards Greater Self-Sufficiency in Critical Minerals

Retrieved on: 
Wednesday, May 1, 2024

VANCOUVER, BC, May 1, 2024 /PRNewswire/ -- In an effort to bolster the domestic supply chain for critical minerals and materials, the Biden Administration recently announced a $17.5-million investment to develop more affordable, sustainable production processes throughout the USA. The announcement came just days after the Center for Strategic & International Studies's (CSIS) Project on Critical Minerals Security launch, meant to build the resilient supply chains needed for national, economic, and energy security. These initiatives are meant to build out a more robust supply of the 50 mineral commodities within the current United States Critical Materials List, each representing materials essential to economic and national security, however, for 43 of these critical minerals, the USA imports more than half of its supply. The mining industry is pushing forward to develop these types of commodities with miners making progress, including Ares Strategic Mining Inc. (CSE: ARS) (OTCQX: ARSMF), MP Materials Corp. (NYSE:MP), Energy Fuels Inc. (NYSE-A: UUUU) (TSX: EFR),  Arcadium Lithium plc (NYSE: ALTM), and Freeport-McMoran Inc. (NYSE: FCX).

Key Points: 
  • Among the more overlooked commodities on the critical minerals list is fluorspar , the only non-metallic commodity on the list that's 100% imported into the USA— according to the USGS .
  • Consisting of 353 claims spanning a 5,982-acre area, the Lost Sheep Mine is in the process of construction towards commercial production.
  • Back in March, Ares announced the completion of its mine planning, and the commencement of its mine's installation construction.
  • But before his departure, Adkerson is strongly encouraging the US government to improve its mine permitting process if it hopes to boost domestic supplies of critical minerals.

Oxygen-Free Copper Market worth $40.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, May 1, 2024

The Cu-OF segment is expected to register the highest growth in the global oxygen-free copper market during the forecast period.

Key Points: 
  • The Cu-OF segment is expected to register the highest growth in the global oxygen-free copper market during the forecast period.
  • Automotive segment is projected to be the fastest growing segment in the oxygen free copper market.
  • The automotive segment is expected to register the highest CAGR in the oxygen-free copper market between 2020 and 2025.
  • Expansions, acquisitions, and deals are some of the major strategies adopted by these key players to enhance their positions in the oxygen free copper market.

Oxygen-Free Copper Market worth $40.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, May 1, 2024

The Cu-OF segment is expected to register the highest growth in the global oxygen-free copper market during the forecast period.

Key Points: 
  • The Cu-OF segment is expected to register the highest growth in the global oxygen-free copper market during the forecast period.
  • Automotive segment is projected to be the fastest growing segment in the oxygen free copper market.
  • The automotive segment is expected to register the highest CAGR in the oxygen-free copper market between 2020 and 2025.
  • Expansions, acquisitions, and deals are some of the major strategies adopted by these key players to enhance their positions in the oxygen free copper market.

OceanaGold Reports First Quarter 2024 Operating and Financial Results

Retrieved on: 
Tuesday, April 30, 2024

The Company produced 104,800 ounces of gold and 3,000 tonnes of copper in the first quarter of 2024.

Key Points: 
  • The Company produced 104,800 ounces of gold and 3,000 tonnes of copper in the first quarter of 2024.
  • First quarter gold production was 19% lower than the previous quarter and 11% lower than the corresponding quarter in 2023.
  • Gold sales in the first quarter of 2024 are consistent with the previous quarter and the corresponding quarter in 2023, due to the reduction of inventory and timing of sales at Haile and Didipio.
  • Senior management will host a conference call / webcast to discuss the quarterly results on Wednesday May 1st, 2024 at 10:00 am Eastern Time.