TNR Gold Los Azules M&A: Copper Rises to 11-Week High on Optimism From U.S, China.

  

  Finally Dr Copper is waking up to the positive news from China that the end of the world will be postponed again.

"China continues its buying spree of copper assets all over the Globe: last month the huge Las Bambas copper project in Peru was bought by Minmetals Group for $5.85 B and now Guandong is bidding for PanAust. Reuters reports on the deal and you can notice how the activity in M&A by Chinese companies is picking up during the "soft market". It is the very important indication of the major bottom in the mining cycle: it is cheaper "to dig" for Copper and Gold on the Stock Exchanges now, when valuations of assets in the ground of listed companies are discounted by the depressed mining markets.  Read more."

  Bloomberg reports:

 "Copper climbed to 11-week high in London amid speculation that rising global equity markets indicate a favorable outlook for economic growth. Aluminum touched a one-month high.

The Standard & Poor’s 500 Index (SPX) of shares traded little changed today, after reaching a record high yesterday. U.S. orders for durable goods in April unexpectedly gained for a third straight month, while Chinese industrial profits rose. The nations are the world’s top copper consumers.

“Traders are optimistic about growth prospects,” Naeem Aslam, chief market analyst at Ava Capital Markets Ltd. in Dublin, said by e-mail. “The recent rise in copper prices is clearly a spillover effect of the equity markets. Bloomberg.”

  Chinese MMG is excited about the purchase of Las Bambas: "Las Bambas a unique opportunity"

"MMG business development manager Michael Nossal says the Chinese-owned miner was lucky to seal the $US5.85 billion ($A6.32 billion) purchase of the Las Bambas mine in Peru. MiningNews.net"

  Chinese Hunt for Copper is ongoing and recent news from Argentina is already re-pricing the valuations of copper projects.

Hot Winter In Argentina: Copper M&A, TNR Gold Los Azules - Lumina Copper Hits 52 Weeks High

  "The winter is coming, but investors' hearts are warming up to the best Argentina's mining stories. I will not jump here to any conclusions: whether this action is ignited byBarrick Gold's Pascua Lama developments or particular news coming with Lumina Copper. Taca Taca copper project is for sale and somebody is buying shares now. Let's wait for the official news from the company.

  In any case this development is very encouraging for all of us involved in mining in Argentina and proud hard working people living there deserve much better economic progress. Maybe we are witnessing the beginning of such change. Political risk perception yesterday can be translated in the value catalyst tomorrow. It will be very positive for our International Lithium Mariana Lithium Brine project development with Ganfeng Lithium now as well.

  Is my Tenke Fungurume experience in DRC with Lukas Lundin coming here back for Los Azules in Argentina? We will see very soon, hopefully. He has taught me that governments come and go, that political situation and its perception can change on a dime for better or worse, but you cannot "print", QE or find new world class copper projects overnight. We have seen the bad all together already, I am very encouraged that the mining cycle is turning now. Read More."

 "Any excitement and emotions are nothing in the ruthless investment world before investors will start to vote with their money. In any case this development will put Argentina copper projects back onto the industry and investors radar screens.

  Please, do not translate this particular story into any other companies' prospects - all projects are different. If you are interested in Los Azules Copper give us a call and study TNR Gold website -  I am here to talk to you."

"The sale of our Back-in Right will provide the necessary liquidity and catalyst to all of our group of companies. Rob McEwen has done a great job as Operator developing this project and now Los Azules is at the top of the list of the best copper projects in the world available for sale, according to PI Financial! I would recommend to contact Jim Mustard VP at PI Financial to get more information about Los Azules Copper project and our Back-In Right Asset."

TNR Gold Investor Presentation March 2014 from Kirill Klip

  

China Is In The Hunt For Copper: Guangdong Rising Bids $1 bln For Copper Miner PanAust

  

  Now we can together appreciate a little bit more M&A market observations I have shared with you couple of days ago:

"... the rumours of collapse in China are greatly exaggerated in the West, to the benefit of ... China. China buys record amount of Gold as well as Copper projects all over the world like Las Bambas and looking at others using the "soft market environment". 

  China continues its buying spree of copper assets all over the Globe: last month the huge Las Bambas copper project in Peru was bought by Minmetals Group for $5.85 B and now Guandong is bidding for PanAust. Reuters reports on the deal and you can notice how the activity in M&A by Chinese companies is picking up during the "soft market". It is the very important indication of the major bottom in the mining cycle: it is cheaper "to dig" for Copper and Gold on the Stock Exchanges now, when valuations of assets in the ground of listed companies are discounted by the depressed mining markets.  

  "PanAust rejected the unsolicited bid from its biggest shareholder as too low but agreed to allow it to conduct due diligence in the hope of getting a better offer.

The takeover proposal comes amid a slew of interest in Australian mining assets from Chinese firms eager to secure global resources.

  Steel giant Baosteel Resources and an Australian partner last week offered A$1.1 billion for Aquila Resources Ltd . In December, Chinese miner Shenzhen Zhongjin Lingnan Nonfemet Co, in which Guangdong Rising has a controlling stake, bought Australian base metals explorer Perilya Ltd. Reuters."

Our Story - TNR Gold Investor Presentation: Lithium, Gold And Copper

  "Maybe you have heard about our legal battle for the Los Azules Copper project in Argentina? Gary Schellenberg, our founder, have found this prospect in Argentina at the turn of the century and now it has grown into The One of The Largest Copper Deposits of The World, according to McEwen Mining! 

  After our settlement with McEwen Mining TNR Gold has reinstated its Back-In Right to the Northern Part of the project and received 1 million shares of McEwen Mining. You can find more information in our Q&A on the Los Azules Settlement and in presentation below. All technical information is presented very good at McEwen Mining - The Operator on Los Azules, and it is always a great idea to give us a call or just contact me directly to get the latest info. We have hired PI Financial to market our Los Azules assets and now the time is coming to receive the benefits of this world class asset. 

  I personally find it very positive that Chinese Minmetal Group has purchased huge Las Bambas Copper project from Glencore a few weeks ago for $5.85 B. All copper market M&A activity is getting  the very positive vibe now and it will help us to work with Los Azules Copper asset. Our strong ties to China with International Lithium help us to open the doors and news about "Chinalco Mining Sets Sights On Copper Projects In Latin America" are very positive as well.

  Argentina was not the best place for mining for the last couple of years, but now I can see a lot of positive developments. After Repsoil compensation, Chevron has stricken major deal for Shale Gas  and Oil development. Yamana Gold, Gold Corp, Silver Standard - all have commented positively on Argentina mining climate recently and continue their investments in the country. Going forward it should improve the valuations and investment appetite for the projects like Los Azules. The sale of our Back-in Right will provide the necessary liquidity and catalyst to all of our group of companies. Rob McEwen has done a great job as Operator developing this project and now Los Azules is at the top of the list of the best copper projects in the world available for sale, according to PI Financial! I would recommend to contact Jim Mustard VP at PI Financial to get more information about Los Azules Copper project and our Back-In Right Asset."