Understanding the Copper Deficit: Challenges and Opportunities in the Mining Sector
Listen now
Description
In this episode, we chat with Gord Neal the CEO of World Copper, a listed junior miner who are an oxide copper-focused exploration, development, and production company with two proven resources, one in Arizona and the other in Chile. Gord has extensive experience in the metals and mining sector, as well as in the capital market, corporate governance, corporate finance, and investor relations, and has raised in excess of U$500M for various resources companies. Today, he discusses the journey of World Copper, the current state of the copper market, valuations in the junior space plus how the US elections could affect the mining industry. KEY TAKEAWAYS World Copper has two main assets: the Zonia Copper Oxide Project in Arizona and the Escalones Oxide Project in Chile. Zonia is positioned for quicker production due to its pre-stripped nature and existing infrastructure, while Escalones has a larger resource but faces permitting challenges due to recent government restrictions. The copper market is currently experiencing a significant deficit, driven by the increasing demand for copper in electric vehicles, renewable energy technologies, and infrastructure development. This demand is expected to rise as the world moves towards decarbonisation. Many junior mining companies, including World Copper, are facing valuation challenges, particularly those with market caps below $50 million. The current market conditions make it difficult for these companies to attract investment and gain attention. World Copper plans to conduct a verification drill program to confirm the presence of copper on leach pads at the Zonia project. Successful verification could significantly enhance the company's market valuation and support its move towards a bankable feasibility study. BEST MOMENTS "The biggest issue is we just don't have enough copper."  "If I can verify that there's $120 million worth of copper that's ready to be processed, any bank in the world is going to give you money."  "It's tough for the juniors... it's hard to get attention, it's hard to get capital."  "The market is a herd mentality... once that happens, everybody jumps in."  VALUABLE RESOURCES Mail:        [email protected] LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org Website: worldcopperltd.com Email: [email protected] Phone: (604) 638-3287​ All Socials (Facebook, X, LinkedIn): @WorldCopperLtd ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD [email protected] https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
More Episodes
In this episode, we chat to Janet Meiklejohn & Rebecca Hunter of Forum Energy Metals, a TSX listed junior miner exploring for Uranium and Energy Metals to support a low carbon economy in and around Saskatchewan’s Athabasca Basin. Janet who is a NED and Rebecca who is the VP of exploration,...
Published 11/25/24
In this episode, we chat with Jorge Ganoza, CEO of Fortuna Mining, who are multi-listed Canadian-based precious metals mining company established in 2004, with five operating mines and an advanced exploration project located in Argentina, Burkina Faso, Côte d’Ivoire, Mexico, Peru, and Senegal. ...
Published 11/21/24