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Nevada Copper Corp NEVDQ

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.


GREY:NEVDQ - Post by User

Post by bogfiton Jul 31, 2022 6:53pm
192 Views
Post# 34863416

Glencore copper production down 15% compared to H1 2021.

Glencore copper production down 15% compared to H1 2021.

"Major global miner and commodity trader Glencore (LSE: GLEN) reported today that its own sourced copper production was 510,200 tonnes in H1 2022, down 15% compared to H1 2021.
 
The company said that lower copper production was due to ongoing geotechnical
constraints at Katanga, the basis change arising from the sale of Ernest Henry in January 2022, Collahuasi mine sequencing and lower copper units produced within Glencore’s zinc business."
Glencore says its copper production down 15% in H1, reduces FY2022 copper guidance "
 
Explanation given less than convincing.
BTW - Mt. Ida has been flooded twice in two years.  Rail service to port disrupted.
 
b.

 

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