Nevada Copper Corp NEVDQ

Industrials Conglomerates

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 bogfiton Mar 01, 2021 8:27am

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Post# 32683866

Freeport- copper stocks at lowest since mid-2000's

https://www.ft.com/content/c-a86a-4ace-ad0b-cccd670d8bb3

Richard Adkerson, chairman and chief executive of Freeport-McMoRan, said stocks were already at their lowest level since the mid-2000s even though many big economies were still hampered by Covid. “This is not a spike like we’ve seen in oil and natural gas prices because of cold weather in Texas, because there is a lot more fundamental support for the copper market,” Adkerson told the Financial Times. He added that “from a supply standpoint, copper cannot be turned on with a spigot”.

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