Nevada Copper Corp NEVDQ

RE:RE:RE:RE:IVN May have a nice deposit however not a very

[bogfit]

“the coming (and arrived) costs associated with climate change are often not fully considered by investors.”
 
How true.  Sometimes it takes a while for reality to sink in.  But miners have already lost billions in reparation for environmental consequences of climate change.  Perhaps most telling is the collapse of tailing dams, (Brazil 2015. 2019) not only in billions in civil claims but must also be present in attempts to increase stability and reduce risk.  Many operating facilities, engineered for a maximum 100-year precipitation, may find some structures inadequately contained due to prolonged soaking.

Of course, operating a mine in the midst of widespread hunger and starvation, surrounded by a desperate population armed to the teeth, hundreds of miles from the nearest port shouldn’t be a problem.  It would be a mistake IMO if we only evaluated the physical effects of extreme weather on the project, and not also consider the effect upon the local populations.

The problems posed by climate change will vary widely across the globe, for example the threat of torrential rains along the Andean front that will scour the riverain valleys of Peru, is the other side of the el Nino/la Nina cycle that produces years of drought and an occasional typhoon flood in Zambia.   Most experts agree that within a few years those weather events will only increase in both frequency and magnitude.

So those with a couple years investment window might want to start understanding all the risk to earnings that climate change brings.  BTW – the reason I was an early supporter of Nevada Copper was because it is one of the best places I know of to build a copper mine for its minimal impact upon the environment and habitat destruction.   Plus, neither half or twice the average precipitation would impact operations at PH.
 
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