RE:the best and newest Coppermine in the USAAt last a decent promo piece with great illustrations. Say that Gill guy is right!
" And frankly, the elements of our assets from an ESG point of view, are
probably in large part what helps separate us from all the other copper projects that have been unable to get permitted and move forward in the last 10 years.
So just to kind of recap some of those, this is a very low water consumption project that has water management issues, that's been a key focus. We draw grid power currently from Nevada Energy, which has a very low scope to carbon footprint given the source of that power is natural gas and solar, so Nevada Energy is a very good source of good power. That's also reflecting our very low power costs at five cents a kilowatt-hour.
I mentioned we advanced on study work around the solar option. We have this large land package that also allows us to put in place solar that further reduces carbon footprint. It further reduces our operating costs so it's a win-win. We've got a specific focus on diversity within the workforce and the Board, and a focus on community engagement. We're in the U.S. so you're never going to have the issues that we see constantly coming up in the Congo in Africa and in Southeast Asia, (or covid and El Nino in the Andes) which again, back to the importance of this and the copper market today, you've got a shortage of copper, and you can see in our presentation, you've got over half of the copper supply globally coming from non-first tier jurisdictions, and about 40% of it coming from outright difficult jurisdictions.
You have Africa, Southeast Asia, Indonesia and Mongolia. What little growth we have is coming out of Mongolia and Indonesia, and you do project forwards to 2030, what we see materializing is an even more risky supply brace, given that there are such a shortage of, again, North American copper projects.
So that, just by virtue of where we are and having the permits in place, sets you apart from most other sources of copper. And then within what we can control waste management, emissions, and again, community and diversity are key, such that you've got frankly a green source of copper, which you're seeing become more and more important."
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