Nevada Copper Corp T.NCU

Alternate Symbol(s): T.NCU.WT.C | NEVDQ

Metals & Mining Copper

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

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Nevada Copper Corp

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Post by my69zon Oct 30, 2021 8:01pm

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Post# 34069383

Goldman Sachs: Potential 900% YOY to 2030.

These global transitions could cause demand for the red metal to increase by up to 900 percent on an annual basis, to 8.7 million tons by 2030, “if green technologies are adopted en masse,” the Business Insider report says. Even in a slower transition copper demand could “still surge to 5.4 million tons, or by almost 600 percent,” says the website.

According to Currie, the copper mining and production sectors are not prepared for such a swift increase in demand. The strain already is showing, says Goldman Sachs, with the copper price rising by about 80 percent in the last 12 months with as yet no matching rise in output.

Goldman Sachs tabs red metal as red hot - Recycling Today

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