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."
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."
Copper Hits All-Time High At $4.75/lb Supercharged By Tesla Energy rEVolution: Rob McEwen - "Two Strategic Alternatives Are Being Aggressively Evaluated... To Finance The Rapid Development Of Los Azules To Create The Greatest Long-term Value".
"Los Azules Copper Project, Argentina (100% Interest)
Work continued on engineering and developing cost estimates to advance the proposed low altitude all-year access route to the project. Work is also progressing on identifying opportunities to accelerate the development and improve the economics of Los Azules. Concurrently, 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." McEwen Mining: Q1 2021 Results May 7, 2021
Supercharged By Tesla Energy rEVolution Copper Hits $10,000/T: TNR Gold Los Azules Copper NSR Royalty Holding With McEwen Mining Presentation.
"TNR Gold receives a very good valuation benchmark for our Royalty Holding on the entire giant Los Azules Copper Project which is being developed by the legendary Rob McEwen. All our long-term followers remember that McEwen Mining was stating in their news releases that "Taca Taca serves as a good proxy for the value of Los Azules".
McEwen Mining Chairman, Chief Owner and CEO Rob McEwen said: "With First Quantum acquiring Lumina Copper and their Taca Taca project, Los Azules moves to the forefront in terms of world-class, undeveloped, high-grade copper assets not owned by a major mining company. As we have said in the past, Taca Taca serves as a good proxy for the value of Los Azules and we believe this transaction demonstrates value in projects located in Argentina."
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."
I continue to invest in our Company and other insiders joined me. Now you can see how the very powerful megatrends are manifesting themselves. We are building The Green Energy Metals Royalty and Gold Company. Do your own research and join The Switch and rEVolution. Buckle up and stay safe.
TNR Gold Royalty On Los Azules Copper With McEwen Mining: Electric Cars Sales Supercharged By Tesla SpaceX Vertical - Goldman Sachs Calls For $15,000/T Copper By 2025.
Legacy automakers are chasing Tesla and EVs sales are supercharged and going SpaceX vertical. Infrastructure programs all over the world are allocating billions of dollars to create charging networks, build a new manufacturing base for electric cars and jump-start the economies again.
We will need a lot of Lithium and Copper to drive this Energy rEVolution. Goldman Sachs continues to warn about the coming deficit and a huge gap in Copper supply and demand and now calling for a $15,000/T Copper price by 2025.
Hopefully, this steep rise in the Copper price will help to develop new copper mines in order to address this looming deficit. But large giant projects which are needed to solve this Copper supply problem are taking a lot of time to put into production. Price shocks are imminent.
The coming tsunami of liquidity is raising all boats, but only the best will be able to weather the approaching storms. Mr Gold Corp - legendary Rob McEwen is presenting the giant Los Azules Project containing Copper, Gold and Silver medals as "an equivalent of more than 65 Million oz of Gold".
The rising Copper price improves the economics of the project and boosts the NPV of Los Azules to $5 Billion dollars at a Copper price of $4.10 per lb. All these positive developments are attracting "a heightened level of interest in Los Azules from major mining companies".
TNR Gold is plugged into this Energy rEVolution with our NSR Royalty Holdings in Copper and Lithium. New strategic plans for Los Azules by Rob McEwen will bring the catalyst to the valuation of TNR Gold NSR Royalty Holding.
"TNR Gold receives a very good valuation benchmark for our Royalty Holding on the entire giant Los Azules Copper Project which is being developed by the legendary Rob McEwen. All our long-term followers remember that McEwen Mining was stating in their news releases that "Taca Taca serves as a good proxy for the value of Los Azules".
McEwen Mining Chairman, Chief Owner and CEO Rob McEwen said: "With First Quantum acquiring Lumina Copper and their Taca Taca project, Los Azules moves to the forefront in terms of world-class, undeveloped, high-grade copper assets not owned by a major mining company. As we have said in the past, Taca Taca serves as a good proxy for the value of Los Azules and we believe this transaction demonstrates value in projects located in Argentina."
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."
I continue to invest in our Company and other insiders joined me. Now you can see how the very powerful megatrends are manifesting themselves. We are building The Green Energy Metals Royalty and Gold Company. Do your own research and join The Switch and rEVolution. Buckle up and stay safe.
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