Antamina mine

As Today’s Global Market Fluctuates with Uncertainty, Some Analysts Forecasting Upside in Times Ahead for Gold

Retrieved on:

Tuesday, January 30, 2024

Iamgold, Kinross Gold, Health, Growth, OTCQX, Senior, Vein, NGT, G/T, Newmont, USD, GOLD, Uncertainty, PALM, Investment, TSX, Barrick Gold, Gold mining, Mining, NEM, Antamina mine, Gold, IAG, News, Compound annual growth rate, KGC, ETW, Nightclub

Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.

Key Points:

Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.
By 2030, the global Gold Mining market size is projected to reach multimillion figures, displaying an unexpected compound annual growth rate between 2024 and 2030.
Market Reports World continued: “A significant driver of the Gold Mining market is the growing consumer awareness of health and wellness.
In summary, the outlook for the Gold Mining market is optimistic, with sustained growth expected in the coming years.

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on:

Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold. A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%. The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand). The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points:

A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on:

Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold. A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%. The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand). The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points:

A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Marimaca Announces Closing of C$20 million Strategic Investment by Mitsubishi Corp.

Retrieved on:

Wednesday, July 12, 2023

Rural Strategic Investment Program, Mitsubishi Corporation, TSX, Indian stock exchange, Mitsubishi Group, Investment, Quellaveco mine, Security (finance), Antamina mine, Los Bronces mine, Los Pelambres mine

VANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce the closing of the previously announced C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).

Key Points:

VANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce the closing of the previously announced C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).
Proceeds from the Strategic Investment will be used to advance and accelerate the development of the Company’s flagship Marimaca Copper Project located in the Antofagasta region, Chile.
Pursuant to the Strategic Investment, Mitsubishi acquired an aggregate of 4,640,371 units (“Units”) consisting of one common share (a “Common Share”) and one Common Share purchase warrant (a “Warrant”) at a price of C$4.31 per Unit.
As a result of the Strategic Investment, Mitsubishi now owns approximately 5.0% of Marimaca’s issued and outstanding common shares on a non-diluted basis.

Marimaca Announces C$20 Million Strategic Investment from Mitsubishi Corporation

Retrieved on:

Wednesday, June 21, 2023

Rural Strategic Investment Program, Indian stock exchange, Quellaveco mine, Toronto Stock Exchange, Specialised Technical Committees of the African Union, Mitsubishi Group, Carbon, Mitsubishi Corporation, RBC Capital Markets, Investment, Biophysical environment, TSX, Copper, Security (finance), Antamina mine, Unit, Los Bronces mine, Los Pelambres mine

VANCOUVER, British Columbia, June 21, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce a C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).

Key Points:

VANCOUVER, British Columbia, June 21, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce a C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).
Proceeds from the Strategic Investment will be used to advance and accelerate the development of the Company’s flagship Marimaca Copper Project located in the Antofagasta region, Chile.
Following completion of the Strategic Investment, Mitsubishi will own approximately 5.0% of Marimaca’s issued and outstanding common shares on a non-diluted basis.
Hayden Locke, President & CEO of Marimaca Copper, commented:
“We are pleased to welcome Mitsubishi Corporation as a partner and shareholder in Marimaca.

Antamina Selects Gilat for Multimillion-Dollar E-Learning Project

Retrieved on:

Thursday, November 3, 2022

Gilat will deploy terrestrial and VSAT backhauling for connectivity and provide services to schools in San Marcos.

Key Points:

Gilat will deploy terrestrial and VSAT backhauling for connectivity and provide services to schools in San Marcos.
Through the 4-year project, thousands of students and teachers will gain access to training and educational resources, as well as laptop computers and other connected devices.
Were very proud to be chosen by Antamina to provide a 4-year e-learning project that includes the implementation and operation of a data center backhauled with terrestrial and satellite communication.
While overseeing the entire project, we will provide communications, devices, training, and digital education content," said Arieh Rohrstock, Corporate SVP and General Manager, Gilat Peru.

Peru Copper Mining Market Report 2022: Demand for Electric Vehicles Fueling Industry Growth - ResearchAndMarkets.com

Retrieved on:

Thursday, July 28, 2022

Machine Tools, Metalworking & Metallurgy, Natural Resources, Manufacturing, Mining, Minerals, Tax, Copper, Project, CAGR, Chemistry (relationship), Growth, Mining, Reserve, Industry, Oil, Antamina mine

The "Peru Copper Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Peru Copper Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
Peru has the world's third largest copper reserves in the world after Peru and Australia, with 77 million tonnes (Mt), equivalent to 8.8% of the global total as of January 2022.
The report contains an overview of the Peru copper mining industry including key demand driving factors affecting the Peru copper mining industry.
To gain an understanding of the Peruvian copper mining industry, relevant driving factors

Why Central Banks are Demanding Gold in Increasing Amounts, Pushing Miners to Ramp Up Operations

Retrieved on:

Wednesday, May 4, 2022

Further, major factors driving sales of gold products include increasing, changing consumer preferences coupled with the rising population of high-net-worth individuals.

Key Points:

Further, major factors driving sales of gold products include increasing, changing consumer preferences coupled with the rising population of high-net-worth individuals.
Further, higher gold prices and weaker local currencies drove the domestic price of gold to historical highs, negatively impacting the demand for jewelry.
Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scales.
The rising demand for gold jewelry is driving the supply of gold.

Why Central Banks are Demanding Gold in Increasing Amounts, Pushing Miners to Ramp Up Operations

Retrieved on:

Wednesday, May 4, 2022

Further, major factors driving sales of gold products include increasing, changing consumer preferences coupled with the rising population of high-net-worth individuals.

Key Points:

Further, major factors driving sales of gold products include increasing, changing consumer preferences coupled with the rising population of high-net-worth individuals.
Further, higher gold prices and weaker local currencies drove the domestic price of gold to historical highs, negatively impacting the demand for jewelry.
Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scales.
The rising demand for gold jewelry is driving the supply of gold.

As Global Unrest Continues, Some Investors Still See Gold As "King Of Safe-Havens"

Retrieved on:

Wednesday, March 16, 2022

The gold markethas recently climbed to its highest level since August 2020 on 8 March as investors sought safe-haven assets in response to current world events.

Key Points:

The gold markethas recently climbed to its highest level since August 2020 on 8 March as investors sought safe-haven assets in response to current world events.
But global tensions and higher than expected US jobless numbers drove the price into an upward trend.
Analysis from Heraeus Precious Metals suggested that "monetary tightening might not be bad for gold.
Previously, when the Federal Reserve has started to raise interest rates, gold has generally risen in price in the following 6 and 12 months.