TNR Gold Royalty Holding On Los Azules Copper, Gold & Silver Project With McEwen Mining: "McEwen Lines Up Copper Partner As Surging Prices Spur Interest."

Bloomberg reports another great news for TNR Gold shareholders, Rob McEwen and the proud people of Argentina! 

Things are finally heating up with all our holdings in Gold, Copper Silver and Lithium to the proper melting point when the true value of our assets will start to shine brightly and even ruthless and brutal Mr Market will not be able to ignore it anymore. 

All our shareholders are better to dust off those calculators and start running some numbers. Do your own research, as usual, but now you can better understand why I have been participating in all TNR Gold private placements, other Insiders have joined me and now I am participating in a new round of financing for our Company. 

This summer is going to be very hot for all our projects, as we have discussed in our latest Video update. We are building The Green Energy Metals Royalty and Gold Company and public news is pouring in with the new level of developments on all fronts for all Green Energy Metals and Gold in our very strong portfolio of assets. 

After the great news by Reuters for TNR Gold about Ganfeng Lithium's plans to invest US$600 in Mariana Lithium and their plans now to double PEA (2018) estimated annual production from 10,000 to 20,000 T of Lithium LCE, we have our Copper Royalty Holding on the giant Los Azules shining very bright today. Now our NSR Royalty Holding on the giant Los Azules Project with Copper, Gold and Silver is getting into the headlines with Mr Goldcorp himself - Rob McEwen is presenting the Story:

"Needless to say, that giant Copper deposits like Los Azules must be put into production and ASAP just to make these huge deficits manageable. This is where the legendary Mr Gold Corp. - Rob McEwen's Midas Touch comes into play. 

There can be only one deal be done for Los Azules, not ten. We all need just one deal, but the best one, which will be the best for all shareholders. Rob McEwen is navigating carefully the boardrooms of major mining companies with his Los Azules Copper Project Slide Deck while enjoying the beautiful landscape of the San Juan province in Argentina and inviting industry majors to come, join and enjoy the scenery together:

"Rob is talking exactly about this approach which we are using for our Gold in Alaska as well now. Rob McEwen: "... the two strategic alternatives are being aggressively evaluated to determine what we believe will be the optimal way to finance the rapid development of Los Azules to create the greatest long-term value from this large copper resource for Argentina, the nearby communities, our shareholders, and employees." 

 

 

Bloomberg:

McEwen Lines Up Copper Partner as Surging Prices Spur Interest

By James Attwood

Rob McEwen, Bloomberg.

Mining veteran looks to sell part of Argentina copper project

Partner would take project through to production, CEO says

McEwen Mining Inc. is in talks to sell a stake in a copper project in Argentina as the gold and silver producer looks to tap into booming prices of the metal used in wiring.

The company run by Canadian gold veteran Rob McEwen is holding conversations with another mining company as part of a proposal that could see a portion of the copper project sold privately and then taken public within 12 months, McEwen said Tuesday.

“The market seems to prefer a pure copper play as opposed to a large copper project in a smaller precious metals company,” he said in an interview. “With the increase in copper price, there’s more interest.”

McEwen, the founder and former head of Goldcorp, is looking at ways to monetize both the copper project and certain silver assets to focus on its gold mines that missed guidance in past years, with the company forced to raise funds. He said those setbacks have now been turned around.

McEwen, 71, described Los Azules in San Juan province near the Chilean border as “one of the larger undeveloped copper projects in the world not owned by a major,” with potential annual production of more than 200,000 metric tons and a valuation in excess of $5 billion at today’s copper prices.

He expects to have a decision on the strategy for the project in the next month, adding that the would-be partner has the capability to take it through to production.

Argentina, where interventionist policies have held back mining, is now “looking a little more favorable” as authorities look to diversify from farming and politicians in Chile and Peru seek a greater share of mining profits."

TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

TNR Gold Royalty On Los Azules Copper With McEwen Mining: "Copper Supply Needs To Double By 2050, Glencore CEO Says"

Reuters reports that Rob McEwen's plans to put the giant Los Azules Copper, Gold and Silver Project on the fast lane of development towards our electric future are getting industry-wide support and understanding. Copper becomes Gold during The Switch and Energy rEVolution. 

Titans of the industry are talking about a looming "Severe Deficit" - as Goldman Sachs puts it - pointing out the growing huge gap between available Copper Supply and Demand which is supercharged by the exponentially growing sales of EVs during this phase of rEVolution. 

Now Glencore CEO Ivan Glasenberg is putting the Big Picture View on display for all those who are ready to listen. Copper push to the recently printed new all-time-high is not the "transitional" aberration, this is a sign of things to come. Price shocks are imminent. The copper industry was developed in the last century. 

Major producing Copper mines are over 70-years old. The Copper Industry head grade is going down. Basically, miners are mining ores with the metal content so low that it was considered dirt with some Copper dust just a couple of decades ago. 

Needless to say, that giant Copper deposits like Los Azules must be put into production and ASAP just to make these huge deficits manageable. This is where the legendary Mr Gold Corp. - Rob McEwen's Midas Touch comes into play. 

There can be only one deal be done for Los Azules, not ten. We all need just one deal, but the best one, which will be the best for all shareholders. Rob McEwen is navigating carefully the boardrooms of major mining companies with his Los Azules Copper Project Slide Deck while enjoying the beautiful landscape of the San Juan province in Argentina and inviting industry majors to come, join and enjoy the scenery together:

"Rob is talking exactly about this approach which we are using for our Gold in Alaska as well now. Rob McEwen: "... the two strategic alternatives are being aggressively evaluated to determine what we believe will be the optimal way to finance the rapid development of Los Azules to create the greatest long-term value from this large copper resource for Argentina, the nearby communities, our shareholders, and employees." 

 

TNR Gold is plugged into Energy reVolution with our NSR Royalty Holdings on Mariana Lithium under the operation by Ganfeng Lithium and Los Azules Copper with McEwen Mining. The new chapter of development for Los Azules will provide a further catalyst for the potential valuation of our Royalties on this giant deposit containing Copper, Gold and Silver. 

The Taca Taca Royalty deal made by Nova Royalty has provided TNR Gold with a very good benchmark for the potential valuation of Los Azules Royalty:

"Now deal by Nova Royalty provides all our devoted followers with more information to crunch the numbers and arrive at their own conclusions about the potential valuations for TNR Gold. Below you can find more information for your own research.

Nova Royalty pays for 0.24% of NSR Royalty on Taca Taca USD$12.75 million, TNR Gold holds 0.36% NSR Royalty on the entire giant Los Azules Copper project.

"Nova Royalty Corp. said on Thursday that it has struck royalty purchase agreements with private parties to acquire an existing 0.24% net smelter return (NSR) royalty on First Quantum Minerals Ltd’s Taca Taca copper-gold-molybdenum project, in Argentina for around US$12.75 million in a cash-and-stock deal."

 

Do your own research, as usual, so that you can better understand why I have been participating in all private placements of TNR Gold. Other Insiders joined me. And now I am participating in another round of financing for our Company. Follow us, join the rEVolution! Buckle up, stay safe and enjoy the journey.

Glencore CEO Ivan Grasenberg

Copper supply needs to double by 2050, Glencore CEO says

"LONDON (Reuters) - Glencore Chief Executive Ivan Glasenberg said on Tuesday that a supply gap was growing in the metals necessary for the world to replace fossil fuels with renewable energy, but he stopped short of predicting a so-called super cycle.

Glasenberg said at the Qatar Economic Forum that copper supplies needed to increase by one million tonnes a year until 2050 to meet an expected demand of 60 million tonnes.

“Today, the world consumes 30 million tonnes of copper per year and by the year 2050, following this trajectory, we’ve got to produce 60 million tonnes of copper per year,” he said."