Western Copper and Gold Corp T.WRN

Statement from Mitsubishi (translated from Japanese)

[EvenSteven27]

We are aiming to start production in 2030, and since the resources are abundant and the grade of gold contained in addition to copper is high, it is highly economical. In addition, the copper concentrate to be produced is expected to be a clean ore with few impurities, and a long-term stable supply of copper resources is expected until 2057. With this capital participation, we will establish a Technical and Sustainability Committee with WRN, and will strive to further promote the project while confirming future progress.(source: Mitsubishi Materials Japanese website/ press release)

[EvenSteven27]

source: https://www.mmc.co.jp/corporate/ja/news/press/2023/23-0327.html

[MetalMinded]

Good find on the target date.  You can back that up to see when things need to happen to ensure movement toward that date.  

[jclarke042]

Wonder what was Osisko's original target date for Casino production. 

[Oakie1]

Even Steven, Great article on Mitsubishi Materials and their comments about their part in the WRN Casino project. I may be reading between the lines too much, but I am picking up from these comments by MM quite a few autonomous statements. Up to this point I had thought that they considered themselves a co-partner with another player like RIO, interested only in receiving the copper and further

[jclarke042]

Mitsubishi, Rio, Osisko, Paul, all have exactly zero say when this gets into production. Any stated timeline is dependent on the permitting board getting everything approved in the stated timelines with zero delay.  How's that going for us so far?

[EvenSteven27]

I hear you, JC. What's gone on with Victoria Gold, Hecla, and Minto doesn't sit well at first taste. Hard on Paul to try to promote in a mine field. Distinguishing Casino from other projects, yet promoting mining as a whole. We have to promote this as an area play to take advantage of economies of scale, yet distinguish ourselves enough from others so as not to get pulled down into the

[EvenSteven27]

Somebody apparently reported me for "profanity and vulgarity". My first yellow card so no big deal. I bleeped the vowel sound and didn't see it as either profanity or vulgarity. Now, I know the standard, I will let it go. Sorry to offend someone. That was not my intent. Sincere apologies. I will be more careful. I respect other's standards and will work hard not to offend anyone.

[EvenSteven27]

I will repost without that word. I still think the posting was relevant. I got the answer to my previous question. The Atlin Hydro Power project is no good. The CEO, Peter Kirby, stole/ misappropriated around $500,000 in funds. I will not elaborate more as I am scared of breaking policy compliance rules. https://www.msn.com/en-ca/news/canada/first-nation-in-atlin-bc-accuses-former-business

[Sooner]

I fear you have likely just awakened the meth smoking Meathead out of its slumber....

[EvenSteven27]

Thanks, Sooner. I'll get out the popcorn and enjoy the show. 

[EvenSteven27]

Oakie,  I have lived in Japan for 3 and 1/2 decades. I think it is safe to say that Mitsubishi Materials will not go it alone. They are a smelter and end producer. They need a major to join forces with. Mitsubishi Materials is a much better bet than Sumitomo and JX Steel as MM is so diversified yet dependent on copper. Sumitomo and JX do mining but not hungry for copper to the same extent

[EvenSteven27]

https://www.mmc.co.jp/corporate/ja/news/info/2019/2019-0319.html https://www.mmc.co.jp/corporate/ja/news/info/2019/2019-0319.html

[EvenSteven27]

About opening The Luvata Group, a subsidiary of Mitsubishi Materials  Copper Products  (Pori, Finland), our consolidated subsidiary.      The Luvata Group is a leading company in copper processing products with approximately 1,400 employees and manufacturing and sales bases in 12 locations in 7 countries around the world.   Welding electrodes mainly used